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$1,395,000
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Property Description
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.
Full Property Details
Full Property Details for 5635 Mildred St
General
- Price: $1,395,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: PTP2603397
- Updated: 5/4/2026
- Days on Market: 13 days
- Added to Site: 12 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Kitchen
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: San Diego
- Driving Directions: From the 8 Freeway: Exit Hotel Circle, head north on Hotel Circle North, merge onto Linda Vista Road heading west, turn left on Mildred Street.
School Information
- School District: San Diego Unified
Community
- Community Features: Curbs
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: Front Door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 888
- Sq. Ft. Source: Public Records
- Year Built: 1954
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.1135
- Lot Size (Sq. Ft.): 4,946
- Lot Size Source: Public Records
- Zoning: R-4:Multiple Residential
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $1,570.95
Disclosures and Reports
- Special Conditions: Standard
Listed by Gene Bowman Realty, Christian Ballow
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Schools
Schools serving 5635 Mildred St
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Carson Elementary School 6905 Kramer Street, San Diego, CA 92111 | K-5 | 1.3 mi |
Montgomery Middle School, San Diego, CA 2470 Ulric Street, San Diego, CA 92111 | 6-8 | 1.8 mi |
Kearny School of Biomedical Science and Technology 1954 Komet Way, San Diego, CA 92111 | 9-12 | 2.8 mi |
Kearny College Connections 1954 Komet Way, San Diego, CA 92111 | 9-12 | 2.9 mi |
Kearny Engineering Innovation & Design 1954 Komet Way, San Diego, CA 92111 | 9-12 | 2.9 mi |
Kearny Digital Media & Design School 1954 Komet Way, San Diego, CA 92111 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5635 Mildred St
Date
Details
Price
Change
Source
5/04/2026
Listed
$1,395,000
49.2%
MLS
10/13/2023
Sold
$935,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5635 Mildred St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,535
1823%
$953,700
2029%
2023
$600
3%
$44,790
2%
2022
$584
1%
$43,913
2%
2021
$578
1%
$43,053
1%
2020
$570
2%
$42,613
2%
2019
$559
6%
$41,778
2%
2018
$525
2%
$40,960
2%
2017
$513
2%
$40,158
2%
2016
$501
1%
$39,371
2%
2015
$494
1%
$38,780
2%
2014
$488
—
$38,022
—
2013
$486
—
$37,851
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5635 Mildred St
5635 Mildred Street, San Diego, CA 92110 (MLS# PTP2603397) is a Single Family property with 2 bedrooms and 1 full bathroom. 5635 Mildred Street is currently listed for $1,395,000 and was received on May 05, 2026. Want to learn more about 5635 Mildred Street? Do you have questions about finding other Single Family real estate for sale in Old Town? You can browse all Old Town real estate or contact a Coldwell Banker agent to request more information.

