Reynard Way San Diego, CA 92103
Active
$2,000,000
11%
5 Units
4 Beds
4 Baths
n/a Area(sq.ft.)
6,473 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 1 | 1 | $ 2,500 | $ 2,500 | $ 2,850 | |
| Unit 2 | 1 | 1 | 1 | $ 2,500 | $ 2,500 | $ 2,850 | |
| Unit 3 | 1 | 1 | 1 | $ 2,300 | $ 2,300 | $ 2,850 | |
| Unit 4 | 1 | 1 | 1 | $ 2,500 | $ 2,500 | $ 2,850 | |
| 4 | 4 | 4 | 4 | $ 9,800 | $ 9,800 | $ 11,400 |
| MLS #: | 240016629SD |
| Days On Market: | 139 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per unit: | $ 400,000 |
| Year Built: | 1952 |
Property Details
Dramatic price reduction. Start your project and maybe be approved for additional units. Investor dream. This is an extremely rare opportunity to have 5 Units in one of San Diego's most incredible neighborhoods in Mission Hills. Possibly 14 Units or less opportunity. The property is close to the world-renowned Balboa Park and is within walking distance of trendy restaurants, upscale grocery stores, coffee shops, and nightlife. Prime location, minutes from Downtown San Diego, Little Italy, the world-famous San Diego Zoo, Balboa Park, the beaches of La Jolla, the best shopping in San Diego, and many restaurants and coffee shops. Opportunities are endless all 1 bedroom 1 bath units have been upgraded within the year 2023 with new windows. Nested within Hillcrest and Little Italy makes this an amazing investment and owner-operated units.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Total Annual Expense: | $ 19,411 |
| Net Operating Income: | $ 123,400 |
| Cap Rate: | 6.2% |
| Gross Rent Multiplier: | 6.65 |
Structure
| Levels: | One |
| Complex Name: | 5 Units - Missin Hills |
| Security Features: | None |
| Sewer: | Sewer Connected |
| Water: | Meter on Property |
Land & Parking
| Zoning: | R-4:MULTIP |
Interior
| AC/Cooling: | None |
| Heating: | Electric, Wall |
Exterior
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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