ParkingDriveway, Private, Shared Driveway, On Street
Attached Garage4 spaces
Year Built1986
HeatingForced Air
CoolingNone
MLS #24455505
Lot Size0.16 Acres
StatusActive
About 3736 Mississippi St
Presenting an exceptional investment opportunity with a 5.1% Cap Rate in the highly desirable North Park area of San Diego. Located just three blocks from Morley Field and Balboa Park, this 4,710-square-foot, six-unit multifamily building offers tenants convenient access to a wide range of amenities, including tennis courts, a dog park, and expansive athletic facilities all within walking distance. This fully occupied, well-maintained property features two 1-bedroom, 1-bath units; three 2-bedroom, 1-bath units; and one 3-bedroom, 2-bath unit. It also features four 1-car garages, 6 uncovered parking spots, and ample off-street parking, a rare find in this neighborhood. Recent updates include upgraded kitchens and refreshed landscaping minimizing maintenance costs and maximizing return on investment. The spacious and thoughtfully designed units are in great condition, attracting quality tenants and offering robust rental income potential. Positioned in the heart of North Park, one of San Diego's trendiest and most vibrant neighborhoods, this property benefits from its proximity to popular local attractions, shopping, and dining hotspots. Residents can enjoy renowned restaurants like The Smoking Goat, Urban Solace, and Tribute Pizza, along with entertainment venues such as the Observatory North Park. The area's thriving business scene and diverse cultural offerings add to its appeal, making it a prime location for investors seeking long-term growth and steady cash flow. With its central location, strong tenant appeal, and potential for appreciation, this property is an ideal addition to any multifamily real estate portfolio. Don't miss out on the chance to invest in one of San Diego's most in-demand and dynamic neighborhoods, where a combination of art, culture, and commerce creates an environment poised for continued growth.
Property Details
Property Features
Property Information:
Year Built: 1986
Stories: 2
Living Area: 4,206 SqFt
Listing Office:
Office Name: The Beverly Hills Estates
Office Phone: (310) 626-4248
Listing Agent: Brandon Meneses
Interior Features
Interior Information:
Appliances: Dishwasher, Refrigerator
Interior: Ceiling Fan(s)
Bedroom and Bathroom Information:
Total Bedroom Count: 11
Exterior Features
Parking Information:
Garage Space: 4 spaces
Attached Garage: Yes
Parking: Driveway, Private, Shared Driveway, On Street
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Utilities
Utilities Information:
Heating: Forced Air
Cooling: None
Other
Directions Information:
Directions: Exit the 805 freeway onto University Ave heading West. Make a Left turn onto Mississippi St. The property will be on your right hand side when heading South.
Price Information
Listing Price Info
Price Summary:
List Price: $3,199,000
Price Per SqFt: $761/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Diego, CA.
This property is $2.2M more than the Median Sold Price and $62/SqFt more than other homes in San Diego, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24455505
Listing Office:
Office Name: The Beverly Hills Estates
Office Phone: (310) 626-4248
Listing Agent: Brandon Meneses
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16K
Per Month
Principal & Interest
$15.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,657
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Jefferson Elementary School
3770 Utah St
Distance between this listing and this school0.50 miles
Public District Grades KG-5
7
/10
Birney Elementary School
4345 Campus Ave
Distance between this listing and this school0.79 miles
Public District Grades KG-5
7
/10
Garfield Elementary School
4487 Oregon St
Distance between this listing and this school0.92 miles
Public District Grades KG-5
Nearby Schools
5
/10
Roosevelt Middle School
3366 Park Blvd
Distance between this listing and this school0.56 miles
Public District Grades 6-8
7
/10
Museum
211 Maple St
Distance between this listing and this school1.56 miles
Public Charter Grades KG-8
8
/10
San Diego Global Vision Academy
3430 School St
Distance between this listing and this school1.72 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Alba
4041 Oregon St
Distance between this listing and this school0.49 miles
Public District Grades 1-12
5
/10
Health Sciences High and Middle College
3910 Univ Ave Ste 100
Distance between this listing and this school1.84 miles
Public Charter Grades 9-12
4
/10
San Diego Virtual
2878 Camino Del Rio S Ste 410
Distance between this listing and this school1.85 miles
The neighbors living near this home have an average income of $43,090. The majority of San Diego, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3736 Mississippi St
What is the listing price of this property?
The listing price of 3736 Mississippi St property is $3,199,000.
What type of property is this?
The property 3736 Mississippi St is a house located in San Diego, California, 92104.
Is this property for sale now?
Active Listing: 3736 Mississippi St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 3736 Mississippi St has 11 bedrooms and 7 bathrooms.
What is the square footage of this property?
The property 3736 Mississippi St is 4,206 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3736 Mississippi St is 1986.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3736 Mississippi St in San Diego, CA and zip code 92104 in the North Park neighborhood. This 4,206 square foot home, which was built in 1986, sits on a 0.16 acre lot. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since October 22, 2024 and is currently priced at $3,199,000.
In October 2024 more than 236 listings in San Diego, CA were sold above the asking price. During the same period more than 122 listings were sold at asking price, while more than 395 were sold below. Between September 2024 and October 2024, San Diego, CA real estate market has seen increase in the number of listings by 7.2%. Listings spent 26 days on the market in October 2024, and had a median list price of $947,861 during the same period.
From Rocket Homes Real Estate and based on county public records data.