Price Reduced Listing
3206 Reynard Way,San Diego, CA 92103
San Diego, CA 92103
Description
CALLING ALL OFFERS! Now offered at an exceptional basis of just $229,166 per unit in core San Diego and a current cap rate of 5.76%. 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.
Details
| MLS # | 260016883SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 115 |
| Listing Provided By | Compass | Derek Kaptanoglu |
Features
| Units | 6 |
|---|---|
| Building(s) | 1 |
| Zoning | RM-3-7 |
| Acreage | 0.19 |
Interior
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92103 |
| Area | 92103 Mission Hills |
| Listing VS Median (in 92103) | |
Price: $1,375,000 low | high Med: $852,000 On site: 115 low | high Med: 29 | |
Market Activity 92103
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92103 |
| Area | 92103 Mission Hills |
| Listing VS Median (in 92103) | |
Price: $1,375,000 low | high Med: $852,000 On site: 115 low | high Med: 29 | |
 | $1,400,0003139 Reynard WaySan Diego, CA 92103 |
