3611-3617 Reynard Way - Apartments FOR SALE


San Diego, CA 92103- Hillcrest
$1,800,000 USD
760-822-9861
3611-3617 Reynard Way, San Diego, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

3611-3617 Reynard Way
San Diego, CA 92103
Hillcrest


HIGHLIGHTS

  • Premier Hillcrest/ Bankers Hill location with significant immediate rental upside
  • Ideal unit mix of all spacious two-bedroom units (individually metered)
  • Abundant off-street parking with 4 garages and 4 open spaces
  • Expansive 7,741 SF lot with lush landscaping, private yards, and laundry
  • Proximity to the restaurants, shopping, cafes, entertainment, schools, and employment
  • Extremely competitive housing market ideal for multifamily investment

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$677 USD /SF

# OF UNITS

4

PRICE/UNIT

$450,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,201 SF

ZONING

R4

APN/PARCEL ID

451-280-04

ASK ABOUT THIS PROPERTY

Philip BuckleyCBRE, Inc.More Info
760-822-9861

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Philip BuckleyCBRE, Inc.More Info
760-822-9861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.