San Diego, CA 92103,3206 Reynard Way
See all 24 photos
San Diego, CA 92103,3206 Reynard Way
San Diego, CA 92103,3206 Reynard Way
San Diego, CA 92103,3206 Reynard Way
San Diego, CA 92103,3206 Reynard Way
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
13
Feb
Fri
14
Feb
Sat
15
Feb
John Vogel

John Vogel

Engel & Völkers Americas

+1(760) 712-2437
$ 2,250,000
Est. payment /mo
New

3206 Reynard Way San Diego, CA 92103


UPDATED:

02/07/2025 06:47 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250018364SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

This rare six-unit multifamily investment opportunity in Middletown, one of San Diego's most desirable rental markets, offers exceptional potential. Located on a spacious RM-3-7 zoned lot, the property provides numerous value-add possibilities, redevelopment flexibility, and strong rental demand. With the potential to convert studios into one-bedroom units, investors can increase both rents and property value. Projected rent growth of 8% this spring adds to the investment's appeal. Additionally, the property comes with an assumable 3.26% fixed-rate mortgage with Chase through 2026. Its large lot and RM-3-7 zoning allow for increased density and redevelopment opportunities. Situated within walking distance of dining, retail, and entertainment, and with proximity to major employment hubs and easy freeway and transit access, the location is prime. Offering strong cash flow potential, this investment is ideal for long-term holds or redevelopment strategies.

Location

State CA

County San Diego

Area 92103 - Mission Hills

Zoning RM-3-7

Interior

Fireplace No

Others

Tax ID 4515630500


California Regional MLS (CRMLS)
Listed by Jason Lee • JLM Real Estate Inc
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

3206 Reynard Way