3512 Mississippi, San Diego, California 92104, San Diego, 92104 - 3 bed, 1 bath
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3512 Mississippi
San Diego, California 92104
ACTIVE
CONDITION: GOOD
3Beds
1Baths
1,351Sq Ft
0Lot Size
Property Price
LIST PRICE$1,200,000
EST. MARKET VALUE
$1,275,869
5% BelowMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,200,000—positioned well below the $1,275,870 Fair Market Value by 5%. This valuation gap offers $75,870 in Instant Equity. Featuring a Condition Rating of 3, the home includes a remodeled kitchen and original hardwood floors. With a stable tenant in place through January 2027, this is a turnkey, income-producing asset. It is an ideal acquisition for Buy-and-Hold Investors or long-term wealth builders seeking a prime North Park location.
Estimated Market Value
$1,275,869+$75,869 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3512 Mississippi Subject | $1,200,000* List Price | 3 | 1 | 1,351 | $944 | - |
A 3527 Mississippi St Sold | $1,330,000 | 3 | 1 | 1,243 | $1,070 | 0.0 mi |
B 3405 Arizona Street Sold | $1,530,000 | 3 | 3 | 1,444 | $1,060 | 0.2 mi |
C 3642 Arizona Street Sold | $1,380,000 | 3 | 2 | 1,260 | $1,095 | 0.2 mi |
D 3405 Arizona St Sold | $1,530,000 | 3 | 3 | 1,444 | $1,060 | 0.2 mi |
E 4128 Oregon St Sold | $999,000 | 2 | 2 | 1,246 | $802 | 0.8 mi |
F 3552 Arnold Ave Sold | $940,000 | 2 | 1 | 864 | $1,088 | 0.3 mi |
G 3751 Ray St Sold | $1,140,000 | 2 | 2 | 1,255 | $908 | 0.8 mi |
H 3595 Arizona Street Active | $1,275,000 List Price | 3 | 4 | 1,564 | $815 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1927, the property is well-maintained and move-in ready with a remodeled kitchen and preserved hardwood floors. While the heating systems (radiators and wall units) appear dated, the overall interior condition is functional and clean.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated just one block from Morley Field and near Balboa Golf Course, this property offers exceptional access to premier recreational amenities in the highly sought-after North Park neighborhood.
- Architectural Charm & Modern Updates
The home features classic Spanish-style architecture paired with a recently remodeled kitchen and original hardwood floors, blending historic character with contemporary convenience.
- Immediate Rental Income
With a reliable tenant in place through January 2027 generating $4,200 in monthly rent, the property serves as a turnkey, income-producing asset for real estate investors.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
Despite having three bedrooms, the home only features one bathroom, which is a significant limitation for modern families and may impact the property's long-term appreciation compared to multi-bath homes.
- Occupancy Restrictions
The existing lease agreement through early 2027 prevents immediate occupancy for primary residence buyers, effectively narrowing the potential buyer pool to investors only.
About 3512 Mississippi
One Block Away from Morley Field- Tennis courts, Swimming pool, A few blocks away from San Diego Balboa Golf Course. This family home has been an investment home for awhile. Tenants are leased through January 31, 2027. The current rent $4200/ Deposit $4250. The kitchen has been remodeled - Hardwood floors- Spanish style inside and out. Fenced back yard. Well taken care home with One Large bathroom.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Jefferson Elementary School
Grades K-5 • 0.6 mi
6/10
Roosevelt International Middle School
Grades 6-8 • 0.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,351 | 1,777.941 |
| Lot Size | - | 6,474.445 |
| Price | $1.20M | $1.27M |
| Price per sq ft | $888 | $741 |
| Built year | 1927 | 1971 |
| HOA | $0 | $184 |
| Days on market | 21 | 40 |
Pricing History
Listed for Sale
Aug 19, 2026
$1,200,000
Initial Listing