Sq.Ft.13,789
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Robert & Joy Aumann
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FOR SALE: 3280 Reynard Way San Diego CA 92103 | 305889379 |$5,450,000| Call Rob (858) 752-8730 for a TOUR!
Status:
Active
Property Type:Res Income 2-4 Units
MLS #:305889379
Sq. Feet:13,789
On Site:11 Days
Lot Size:0.32 Acres
County:San Diego
Listing Agent/Office
Agent:Jeff Kane
Agent Phone:760-942-2121
Office:Coldwell Banker West
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.
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.
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.
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Community Information
Address:3280 Reynard Way, San Diego, CA 92103
County:San Diego
City:San Diego
Subdivision:Mission Hills
Zip Code:92103
Architecture
Rooms
Dimensions | |
Master | |
Bedroom 2 | |
Bedroom 3 | |
Bedroom 4 | |
Bedroom 5 | |
Breakfast Area | |
Dining Room | |
Kitchen | |
Living Room | |
Family Room | |
Extra Room 1 | |
Extra Room 2 | |
Extra Room 3 |
Property Features
Lot Size:
0.32 Acres
Site: Curbs, Sidewalks
Zoning:Assessor
Directions:From I-5 south, take Kettner Blvd exit. Left on W Laurel St. Left on Reynard Way.
Tax and Financial Info
Gross Sched Income Actual: $269, 580
Annual Expense Actual: $74, 098
Cap Rate Actual: $3.30
Terms: Cash, Conventional
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3280 Reynard Way San Diego, CA 92103
ASAP
Tue
28
Mar
Wed
29
Mar
Thu
30
Mar
Fri
31
Mar
Sat
1
Apr
Sun
2
Apr
Mon
3
Apr
Choose Your Date -- It's Free, Cancel Anytime
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