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3611-3617 Reynard Way 4 Unit Apartment Building $1,800,000 ($450,000/Unit) San Diego, CA 92103
Investment Highlights
- Premier Hillcrest/ Bankers Hill location with significant immediate rental upside
- Abundant off-street parking with 4 garages and 4 open spaces
- Proximity to the restaurants, shopping, cafes, entertainment, schools, and employment
- Ideal unit mix of all spacious two-bedroom units (individually metered)
- Expansive 7,741 SF lot with lush landscaping, private yards, and laundry
- Extremely competitive housing market ideal for multifamily investment
Executive Summary
CBRE is pleased to off for sale 3611 Reynard Way, a 4-unit residential community in the heart of the premier urban infill
community of Hillcrest in central San Diego. Well maintained, the property offers a new investor immediate rental upside.
Built in 1951, the property features lush landscaping, and an ideal unit mix of all two-bedrooms, private laundry room,
and each unit has a garage (4) and open parking space (4). Tenants also enjoy immediate access to some of the best
restaurants, shops, and entertainment in Hillcrest, Bankers Hill, Little Italy, Old Town, and Downtown San Diego, making
the area ideal for real estate investment. The garages provide future ADU potential.
community of Hillcrest in central San Diego. Well maintained, the property offers a new investor immediate rental upside.
Built in 1951, the property features lush landscaping, and an ideal unit mix of all two-bedrooms, private laundry room,
and each unit has a garage (4) and open parking space (4). Tenants also enjoy immediate access to some of the best
restaurants, shops, and entertainment in Hillcrest, Bankers Hill, Little Italy, Old Town, and Downtown San Diego, making
the area ideal for real estate investment. The garages provide future ADU potential.
Property Facts
| Price | $1,800,000 | Building Class | C |
| Price Per Unit | $450,000 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 2,660 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1951 |
| Property Subtype | Apartment | Parking Ratio | 3.01/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R4 - Multi-Family 10 units or less | ||
| Price | $1,800,000 |
| Price Per Unit | $450,000 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 2,660 SF |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 3.01/1,000 SF |
| Zoning | R4 - Multi-Family 10 units or less |
Amenities
Unit Amenities
- Attic
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $2,695 | 665 |
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Property Taxes
| Parcel Number | 451-280-04 | Improvements Assessment | $290,853 |
| Land Assessment | $281,469 | Total Assessment | $572,322 |
Property Taxes
Parcel Number
451-280-04
Land Assessment
$281,469
Improvements Assessment
$290,853
Total Assessment
$572,322
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3611-3617 Reynard Way
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