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3736 Mississippi St, San Diego, CA, 92104

11beds
7baths
4,206sqft
$2,695,000
$641price/sqft
$16,327/moest. monthly cost
$653,080/yrincome needed

About This Home

Presenting an exceptional investment opportunity in the highly desirable North Park neighborhood of San Diego. This fully occupied, well-maintained 4,710-square-foot, six-unit multifamily property features a diverse unit mix consisting of two 1-bedroom, 1-bath units, three 2-bedroom, 1-bath units, and one 3-bedroom, 2-bathunit. The property also includes four single car garages, six uncovered parking spaces, and additional off-street parking, an uncommon amenity in this neighborhood. Ideallysituated just three blocks from Morley Field and Balboa Park, residents enjoy convenient access to a wide array of recreational amenities including tennis courts, a dogpark, and expansive athletic facilities, all within easy walking distance. Recent improvements include upgraded kitchens and refreshed landscaping, helping reducemaintenance demands while supporting strong long term returns. The spacious, thoughtfully designed units are in excellent condition, attracting quality tenants and offeringconsistent rental income potential. Positioned in the heart of North Park, one of San Diego's most vibrant and trendsetting communities, the property benefits from its closeproximity to popular dining, shopping, and entertainment destinations. Residents are near well known local favorites such as The Smoking Goat, Urban Solace, and TributePizza, along with entertainment venues like Observatory North Park. North Park's thriving business community and diverse cultural offerings further enhance its appeal,making it an ideal location for investors seeking long term growth and steady cash flow. With its central location, strong tenant demand, and potential for appreciation, this property represents a valuable addition to any multifamily real estate portfolio. Don't miss the opportunity to invest in one of San Diego's most dynamic and in demandneighborhoods where a unique blend of art, culture, and commerce continues to drive sustained growth.

Getting Around

88
WalkingVery Walkable
55
TransitGood Transit
50
BikeBikeable

Schools

7/10
6/10
San Diego High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1986

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Freezer,Range/Oven,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 7

Features

  • Ceiling Fan(s)

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 4,206
  • Total interior livable area: 4,206 sqft

Property

Details

  • Zoning: RM-1-1
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,021 sqft

Parking

  • Total spaces: 11
  • Parking features: Driveway,Garage - 4+ Car,Garage Is Attached,On Street,Private Garage,Shared Driveway
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 7

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
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in San Diego County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $13,627$163,524
Home Insurance *$295$3,540
Property Taxes $1,504$18,048
Electricity $901$10,823
Total$16,327$195,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$559,782/yr
40% on housing$489,810/yr
45% on housing$435,386/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$641This listing

vs Other Active Listings

Avg $/sqft

ZIP 92104$513
San Diego County$558

vs Homes Sold Last Month

Median $/sqft

ZIP 92104$931
San Diego County$576

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

DateEventPrice
2026-03-16Listed for sale$3,199,999
2025-04-07Listing removed$3,399,000
2025-01-21Price change$3,399,000
2024-11-18Price change$3,199,000
2024-10-22Listed for sale$3,400,000
2023-11-17Listing removed--
2023-10-27Listed for rent$7,500

For Sale by Agent

AgentDennis Dewalt
BrokerageThe Beverly Hills Estates

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