3736 Mississippi Street is a meticulously maintained 6-unit multifamily asset located in the heart of Prime North Park. Built in 1986 and owner-operated by the same hands-on proprietor since acquisition, this property reflects a level of pride of ownership seldom found in today's marketplace. The owner purchased the asset as his personal residence and approached every capital improvement accordingly — selecting quality materials and long-term solutions over short-term fixes. The result is a turn-key building with a strong unit mix, compelling in-place rents, and an established RUBS program with zero deferred maintenance for a new operator to inherit. The property also features four (4) on-site single-car garages with strong ADU conversion potential, offering a clear path to increasing unit count and revenue while retaining six (6) parking spaces — a meaningful competitive advantage in a neighborhood where off-street parking has become increasingly scarce and valuable. North Park consistently ranks among San Diego's most resilient and in-demand rental submarkets, drawing a renter base that is educated, professionally employed, and willing to pay a premium for well-located, well-maintained housing in a walkable, amenity-rich urban environment. For a buyer seeking a newer-vintage, turn-key asset in an irreplaceable location — with multiple levers to drive yield through strategic renovations, rent growth, and ADU execution — 3736 Mississippi Street is exactly the type of opportunity that rarely comes to market.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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