5635 Mildred Street is a rare dual-opportunity asset in Bay Park — a fully renovated, income-producing home on an R-4 zoned lot with a nearly approved 8-unit multifamily development already. The next owner builds — they don’t start over. The location is irreplaceable. A few blocks from USD in one of San Diego’s most centrally positioned and supply-constrained rental corridors. Minutes to Mission Valley, Fashion Valley, Riverwalk, and the transformative Riverwalk Transit Village. Direct access to the I-8 and SR-163. Student and professional rental demand here is very strong. The existing home is fully renovated and tenant-occupied, generating income while entitlements finalize. Luxury vinyl plank floors, updated kitchen with stainless appliances, and spa-quality bathrooms with navy shaker vanities, quartz countertops, and large-format tile. Drought-tolerant landscaping, large flat fully fenced rear yard, and detached garage. Hold it. Lease it. Build 8 units.
Property Details
Price:
$1,250,000
MLS #:
PTP2603397
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92110oldtownsd
Listed Date:
May 4, 2026
Finished Sq Ft:
888
Lot Size:
4,946 sqft / 0.11 acres (approx)
Year Built:
1954
See this Listing
Schools
School District:
San Diego Unified
Interior
Bathrooms
1 Full Bathroom
Cooling
NO
Laundry Features
IK
Levels
A
Exterior
Attached Garage YN
1
Common Walls
NCW
Community Features
CRB
Garage Spaces
1
Parking Spots
1
Parking Total
1
View
NE
Financial
Map
Community
- Address5635 Mildred ST San Diego CA
- CitySan Diego
- CountySan Diego
- Zip Code92110
Subdivisions in San Diego
- Bay Park
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casa Dorado 32501
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- CLM
- College Grove
- Crown Point
- Del Cerro
- Downtown
- Downtown Area DOWN
- DWTN
- East San Diego
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Jolla
- La Mesa
- Linda Vista
- Logan Heights
- LV
- Middletown
- Mira Mesa
- Mirador MIRD
- Mirasol MIR
- Mission Beach
- Mission Hills
- Mission Valley
- Mission Village
- Mount Helix
- Normal Heights
- North Park
- NP
- Ocean Beach
- Old Town
- Pacific Beach
- Paradise Hills
- Park Villas PKVL
- Park Vista PV
- Point Loma
- Poway
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- Scripps Ranch
- SD
- Serra Mesa
- Smoke Tree SMTR
- South Sd
- Stonebridge 3700
- Talmadge
- The Lakes LK
- Tierrasanta
- Torrey Highlands
- University City
- University Heights
- Villa Portofino 32283
- Woodcrest WT
Market Summary
Current real estate data for Single Family in San Diego as of Aug 12, 2026
1,862
Single Family Listed
74
Avg DOM
562
Avg $ / SqFt
$1,224,250
Avg List Price
Property Summary
- 5635 Mildred ST San Diego CA is a Single Family for sale in San Diego, CA, 92110. It is listed for $1,250,000 and features 2 beds, 1 baths, and has approximately 888 square feet of living space, and was originally constructed in 1954. The current price per square foot is $1,408. The average price per square foot for Single Family listings in San Diego is $562. The average listing price for Single Family in San Diego is $1,224,250.
Similar Listings Nearby
Courtesy of Gene Bowman Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.5635 Mildred ST
San Diego, CA