4035 Mississippi St, San Diego, CA 92104

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Glen Henderson

[email protected] +1(619) 889-7646

$3,200,000

Est. payment - /mo

3 Beds

2 Baths

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UPDATED:

Key Details

Property Type Single Family Home, Condo

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250032649

Bedrooms 3

Property Sub-Type Com-Res Income

Property Description

4035 Mississippi Street is a well-maintained 9-unit apartment complex in the heart of North Park, one of San Diego's most vibrant and desirable neighborhoods. The property features a diverse unit mix of three (2 bed / 1 bath) units and six (1 bed / 1 bath) units, appealing to a broad tenant base that remains in consistently high demand. This asset offers a compelling value-add opportunity—investors can unlock significant upside by completing targeted interior upgrades to bring rents up to market levels. The property has benefited from steady preventative maintenance, allowing for renovations without the burden of major deferred maintenance. Situated on a 6,998 SF lot, the building was constructed in 1965 and comprises 5,383 SF of rentable space. Residents enjoy 9 on-site parking spaces with both front and alley access, as well as a shared coin-operated laundry room that generates additional income and enhances operational efficiency. Centrally located near the I-15, I-8, and I-805 freeways, the property provides tenants with excellent connectivity to employment centers across San Diego. It is also ideally positioned near Balboa Park, the Lafayette Hotel, Downtown San Diego, and the San Diego International Airport—further supporting strong tenant demand and future rent growth.

Location

State CA

County San Diego

Area Metro Uptown

Interior

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Building

Story 2

Others

Tax ID 445-571-10-00

Special Listing Condition Call Agent

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Listed by Dylan C. Ackley Keller Williams Realty

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

4035 Mississippi St San Diego, CA 92104

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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