3736 Mississippi, San Diego, California 92104
  • $2,695,000
  • $2,995,000

Overview

Property ID: 260014833SD
  • Mixed Use, Commercial Sale
  • Property Type

Description

3736 Mississippi Street is a meticulously maintained 6-unit multifamily asset located in the heart of Prime North Park. Built in 1986 and owner-operated by the same hands-on proprietor since acquisition, this property reflects a level of pride of ownership seldom found in today’s marketplace. The owner purchased the asset as his personal residence and approached every capital improvement accordingly — selecting quality materials and long-term solutions over short-term fixes. The result is a turn-key building with a strong unit mix, compelling in-place rents, and an established RUBS program with zero deferred maintenance for a new operator to inherit. The property also features four (4) on-site single-car garages with strong ADU conversion potential, offering a clear path to increasing unit count and revenue while retaining six (6) parking spaces — a meaningful competitive advantage in a neighborhood where off-street parking has become increasingly scarce and valuable. North Park consistently ranks among San Diego’s most resilient and in-demand rental submarkets, drawing a renter base that is educated, professionally employed, and willing to pay a premium for well-located, well-maintained housing in a walkable, amenity-rich urban environment. For a buyer seeking a newer-vintage, turn-key asset in an irreplaceable location — with multiple levers to drive yield through strategic renovations, rent growth, and ADU execution — 3736 Mississippi Street is exactly the type of opportunity that rarely comes to market.

  • Address: 3736 Mississippi
  • City: San Diego
  • State/county: CA
  • Zip/Postal Code: 92104
  • Country: US

Details

Updated on July 24, 2026 at 7:57 pm
  • Property ID 260014833SD
  • Price $2,695,000
  • Land Area 0.1682 Acres
  • Property Type Mixed Use, Commercial Sale
  • Property Status Active

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Heating Wall Furnace
  • County San Diego
  • Property Type Commercial Sale

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