5635 Mildred St, San Diego, CA, 92110
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1954
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: In Kitchen
Bedroom
- Features: All Bedrooms Down
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Cooling features: None
Features
- All Bedrooms Down
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior Area
- Total interior livable area: 888 sqft
Property
Details
- Parcel number: 4363850500
- Zoning: R-4:Multiple Residential
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Lot size: 4,946 sqft
- Features: 0-1 Unit/Acre
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,320 | $75,840 |
| Home Insurance * | $134 | $1,608 |
| Property Taxes | $1,369 | $16,428 |
| Electricity | $398 | $4,786 |
| Total | $8,221 | $98,652 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-05 | Listed for sale | $1,395,000 |
| 2025-12-22 | Listing removed | $3,200 |
| 2025-12-20 | Listed for rent | $3,200 |
| 2025-12-19 | Listing removed | $3,200 |
| 2025-12-12 | Price change | $3,200 |
| 2025-11-25 | Price change | $3,250 |
| 2025-11-06 | Listed for rent | $3,300 |
| 2025-11-06 | Listing removed | $3,395 |
| 2025-10-31 | Price change | $3,395 |
| 2025-10-10 | Price change | $3,450 |
| 2025-09-30 | Listed for rent | $3,600 |
| 2025-05-21 | Listing removed | $3,300 |
| 2025-04-22 | Listed for rent | $3,300 |
| 2025-03-25 | Listing removed | $3,300 |
| 2025-03-21 | Price change | $3,300 |
| 2025-03-13 | Price change | $3,350 |
| 2025-03-04 | Price change | $3,400 |
| 2025-01-15 | Listed for rent | $3,450 |
| 2024-07-09 | Listing removed | -- |
| 2024-06-22 | Listed for rent | $3,450 |
| 2023-10-20 | Sold | $935,000 |
| 2023-10-10 | Pending sale | $925,000 |
| 2023-09-23 | Listed for sale | $925,000 |
| 2016-05-21 | Listing removed | $1,700 |
| 2012-01-18 | Listing removed | $1,600 |
| 2011-10-21 | Listed for rent | $1,600 |
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