2-4 Units For Sale 2 Bedrooms 3280 Reynard Way, San Diego, California

3280 Reynard Way, San Diego, California 92103

2 Bedrooms
0.32 Sqft
Active
$5,450,000
Listing ID #NDP2301963
Property Description

First time on the Market!! Location, Location, Location!!! Value Add Potential for Investors. This 14 Unit Apartment complex is centrally located in Mission Hills between Bankers Hill and Hillcrest area of San Diego. Minutes from Balboa Park and Downtown San Diego. Property is fully leased, with 3 newly renovated units leased at Market Rent. Most of the units are below market rents, giving the new owner the ability to increase rents overtime and maximize the value. Ideal unit mix of 6 (2bed/2bath) and 8 (1bed/1bath). Each unit includes one detached garage. Property has 20 total garage spaces, with 6 of them collecting additional income. New exterior paint and improvements just completed at the property. Property is located minutes from 5 freeway and 163 freeway making it an ideal location with a dense and desirable rental market. This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area with great value add potential from maximizing to market rents. The close proximity to shopping, restaurants, major freeways and San Diegos best activities makes this property the ideal location for potential renters.

Basic Details
Property Type : 2-4 Units
Listing Type : For Sale
Listing ID : NDP2301963
Price : $5,450,000
Bedrooms : 2
Lot Area : 0.32 Sqft
Status Category : Active
 
Address Map
California
SD
San Diego
MISSION HILLS (92103)
Mission Hills
92103
Reynard Way
3280
W118° 49' 49.2''
N32° 44' 22.7''
Additional Info
Coldwell Banker West
Jeff
Kane
27-03-2023 17:54:08
89
Assessor
13,789 Sqft
4515631000
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