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2958-68 Reynard Way

San Diego, CA 92103
  • $3,500,000
  • STATUS: ACTIVE
  • ON SITE: 43 Days
  • ID#: 240005086
$3,500,000
  • 9
    BEDS
  • 0.16
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Recently Re-Imagined 6 unit Apartment Building in the Midtown area of Hillcrest. This recently remodeled project includes high end finishes and appliances complete with new Tankless Water Heaters and Mini Splits in every unit. The area affords low vacancy rates, great rents, and easy access to Uptown/Hillcrest/Mission Hills and Downtown San Diego. Live in one and rent out the rest as Short Term or Long Term Rentals or STR the whole project!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/148403564
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2958-68 Reynard Way San Diego, CA 92103

  • Price: $3,500,000
  • Status: ACTIVE
  • On Site: 43 Days
  • ID#: 240005086
9
Beds
6
Baths
0
½ Baths
0.16
Acres
Neighborhood:
Mission Hills (92103)
County:
San Diego
Area:
Mission Hills (92103)
Property Description
Recently Re-Imagined 6 unit Apartment Building in the Midtown area of Hillcrest. This recently remodeled project includes high end finishes and appliances complete with new Tankless Water Heaters and Mini Splits in every unit. The area affords low vacancy rates, great rents, and easy access to Uptown/Hillcrest/Mission Hills and Downtown San Diego. Live in one and rent out the rest as Short Term or Long Term Rentals or STR the whole project!
Exterior Features

Exterior All Auto SprinklersCable AvailableFully Landscaped Parking Spaces Parking Spaces Total 4 Roof Composition Units With Garages 0

Interior Features

Cooling Other Floor Coverings Other/Remarks Floors Slab Heating Other/Remarks Laundry Owned Sq Ft Of Improvement 3615 Stories 2 Story Units With Dishwashers 6 Units With Disposals 6 Units With Ranges 6

Property Features

Actual Gross Scheduled Income 0.0 Actual Operating Expense 0 Assumable Finance 0 Buildings 2 Existing Financing Other/Remarks Financial Information Source Other/Remarks Gross Equity 0 Gross Multiplier 0 Have NK Mandatory Remarks None Known Market Area Metro Uptown Motive Want NK Projected Cap Rate 4.55 Projected Gross Operating Inc 219600 Projected Gross Scheduled Inc 219600 Projected Net Income 159378 Projected Operating Expense 60222 Projected Vacancy And Credit Loss 8.33% Short Sale No Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Terms Other/Remarks Unit Number1 2958 Unit Number2 2960 Unit Number3 2962 Unit Number4 2964 Unit Number5 2966 Unit Number6 2968 Unit Rent1 3500 Unit Rent2 1800 Unit Rent3 3500 Unit Rent4 2500 Unit Rent5 3500 Unit Rent6 3500 Unit Type Other/Remarks Zoning Multi Fam

San Diego MLS logo Listing provided courtesy of Brian Lewis of Compass: 619-300-5032. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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