CA > San Diego
San Diego, CA 92104,4035 Mississippi St
San Diego, CA 92104,4035 Mississippi St
San Diego, CA 92104,4035 Mississippi St
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,200,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250032649SD

HOA Y/N No

Property Sub-Type Mixed Use

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 92104 - North Park

Interior

Fireplace No

Others

Tax ID 4455711000

Read Less Info
CRMLS – RECore
Listed by Dylan Ackley Keller Williams Realty

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Serving Southern California

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