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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

5635 Mildred Street, San Diego – $1,250,000

  • 2 Beds
  • 1 Bath
  • 888 Sqft
  • .11 Acres
  • 2 Beds
  • 1 Bath
  • 888 Sqft
  • .11 Acres

5635 Mildred Street

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.

Essential Information

  • MLS® #PTP2603397
  • Price$1,250,000
  • Bedrooms2
  • Bathrooms1.00
  • Full Baths1
  • Square Footage888
  • Acres0.11
  • Year Built1954
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive

Community Information

  • Address5635 Mildred Street
  • Area92110 - Old Town Sd
  • CitySan Diego
  • CountySan Diego
  • Zip Code92110

Amenities

  • Parking Spaces1
  • # of Garages1
  • ViewNeighborhood
  • PoolNone

Interior

  • Interior FeaturesAll Bedrooms Down
  • CoolingNone
  • FireplacesNone
  • # of Stories1
  • StoriesOne

Exterior

  • Lot DescriptionZeroToOneUnitAcre

School Information

  • DistrictSan Diego Unified

Additional Information

  • Date ListedMay 4th, 2026
  • Days on Market91
  • ZoningR-4:Multiple Residential

Listing Details

  • AgentChristian Ballow
  • OfficeGene Bowman Realty
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Price Change History for 5635 Mildred Street, San Diego, (MLS® #PTP2603397)

Date Details Change
Price Reduced from $1,395,000 to $1,250,000 $145,000 (10.39%)

Christian Ballow, Gene Bowman Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of August 4th, 2026 at 5:27pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.