$1,996,000
PENDING $104K PRICE DROP

2948-54 Reynard Way San Diego, CA 92103

Middletown Neighborhood

Estimated payment $12,516/month

Total Views 5,834
8 Beds
5 Baths
3,200 Sq Ft
$624 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • No Heating
  • Grant K-8 Rated A-
  • Paved or Partially Paved Lot

About This Home

Welcome to Mission Hills and this outstanding investment opportunity! This 5-Unit property offers major investment potential. Centrally located, within minutes of Hillcrest, Little Italy, Balboa Park, and Downtown Gaslamp. Experience the best of urban living near restaurants, popular coffee shops, fun bars, large parks, and vibrant nightlife! This multi-unit property offers two 1-bedroom units and three 2-bedroom units. Best of all, these homes have assigned parking! Your tenants will really appreciate this. Upstairs home has an exceptionally large private patio/balcony with a view of the neighborhood. The back home offers a huge private backyard for outdoor enjoyment. Don't miss this exceptional opportunity to live 10 minutes from the Pacific Ocean!

Listing Agent

Doug Canaris

Coldwell Banker West Brokerage Email: dougcanaris@yahoo.com License #01316661 Listed on: 07/31/2025

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,129 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Utilities

  • No Heating
  • Overhead Utilities

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 2120
  • Assessor Parcel Number 4515800600
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,200
  • Professional Management Expense $930
  • Trash Expense $230
  • Water Sewer Expense $471
  • Gross Income $9,675

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 930.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 471.00
  • Zoning: R-4
  • Property Type: Residential Income
  • Parcel Number: 4515800600
  • Year Built: 1954
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 623.75

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 230.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Paved, Utilities - Overhead
  • Lot Size Sq Ft: 6129.00
  • Lot Size Acres: 0.1407

Multi Family

  • Gross Income: 9675.00
  • Gross Scheduled Income: 9675.00
  • Insurance Expense: 3200.00
  • Lot Size Area: 6129.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Rent Control: No

Tax Info

  • Tax Lot: 08001
  • Tax Tract Number: 002120

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2025 10/23/25 Pending -- -- --
10/15/2025 10/15/25 For Sale $1,996,000 0.0% $624 / Sq Ft
09/11/2025 09/11/25 Pending -- -- --
08/22/2025 08/22/25 Price Changed $1,996,000 -5.0% $624 / Sq Ft
07/31/2025 07/31/25 For Sale $2,100,000 -- $656 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2505805

California Regional Multiple Listing Service (CRMLS)
California San Diego County San Diego 92103 Middletown

2948-54 Reynard Way, San Diego, CA

Pending

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Doug Canaris
Listing Agent
Doug Canaris
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Coldwell Banker West
(619) 708-3184