3206 Reynard Way, Mission Hills, CA 92103
- $1,650,000
- List Price
- $1,650,000
- Status
- ACTIVE
- MLS#
- 260016883SD
- Lot Size
- 8,067
- Acres
- 0.19
- Days on Market
- 19
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Offered at an exceptional basis of just $275,000 per unit, 3206-16 Reynard Way presents investors with a rare opportunity to acquire a well-located multifamily asset in San Diego's urban core. The property provides attractive day-one income while offering meaningful upside through future rental growth and the long-term potential to redevelop the site. Zoned RM-3-7, the property offers investors multiple paths to create value, whether through increasing rental income over time or capitalizing on the site's favorable zoning and future development potential. Opportunities to acquire well-located multifamily assets at this basis with immediate income and long-term upside are increasingly rare in core San Diego.
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Additional Information
- Cooling
- Yes
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $119,892
- Operating Expense
- 39790
Listing courtesy of Listing Agent: Derek Kaptanoglu (derek.kaptanoglu@compass.com) from Listing Office: Compass.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.