NOT LISTED FOR SALE

3006-10 Reynard Way San Diego, CA 92103

Middletown Neighborhood
4 Beds
3 Baths
1,970 Sq Ft
4,356 Sq Ft Lot

Last Sold March 03, 2022

Last sale price $1,260,000 $640 Per Sq Ft

8 Days on Market

About This Home

As of March 2022

We're pleased to present 3006-10 Reynard Way, consisting of 1 - 2bed/1ba with den, 2 - 1bed/1ba's and 2 - garages, all rents are significantly below market and on month to month leases. The downstairs unit enjoys a backyard and barbecue area with one of the upstairs 1bed/1ba's having a patio area. First time on the market in over 20 years with long term tenants the unit interiors are clean and show well but could use light upgrading throughout. The property is centrally located in Midtown, just a few blocks West of Hillcrest, east of Bankers Hill and Little Italy and just a few minutes from the coast. This pocket is rapidly improving, making this a great opportunity for an owner-user or a investor who wants to convert the garages to an ADU to add immediate value and income. This is a pocket that is ripe for appreciation in the years ahead. Tenants enjoy close proximity to employment, city transport, entertainment venues and some of the cities best fine dining. Any and all offers are encouraged.

Last Agent to Sell the Property

Cameron Ebrahimi

Bridgepoint Realty Inc License #01820290 Listed on: 01/04/2022

Last Buyer's Agent

Jamie Lindsay

Compass License #02012894

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1953

Lot Details

  • 4,356

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Gravity Heating System

Community Details

  • 3 Units
  • Net Operating Income $17,800

Listing and Financial Details

  • Assessor Parcel Number 451-580-17-00

Property Details

Home Type

Multi-Family

Year Built

1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro Uptown
  • Cross Street: Eagle
  • Neighborhood: Hillcrest/Bankers Hill
  • LP / Sq Ft: 25.53
  • Stories: 2 Story
  • Sale Price List Price: 1.07
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Exterior Features

  • Fencing: Partial

Utilities

  • Heat Equipment: Wall/Gravity

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-4
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 451-580-17-00

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 17800
  • Annual Expense Actual: 20322
  • Annual Expense Projected: 20322
  • Gross Rent Multiplier Actual: 29.9
  • Gross Rent Multiplier Projected: 17.2
  • Gross Sched Income Actual: 39300
  • Gross Sched Income Projected: 68400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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Average Value
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List Price
Sold Price
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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
03/03/2022 03/03/22 Sold $1,260,000 +7.2% $640 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $1,175,000 -- $596 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cameron Ebrahimi

    Seller's Agent in 2022

    Cameron Ebrahimi

    Bridgepoint Realty Inc

    (858) 729-3094

    1 in this area

    8 Total Sales

    Cameron Ebrahimi
    Section Image
  • Jamie Lindsay

    Buyer's Agent in 2022

    Jamie Lindsay

    Compass

    (858) 334-5143

    2 in this area

    85 Total Sales

    Jamie Lindsay
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 220000032

San Diego MLS
California San Diego County San Diego 92103 Middletown

3006-10 Reynard Way, San Diego, CA

This home is located at 3006-10 Reynard Way, San Diego, CA 92103 since 04 January 2022. This property was built in 1953. 3006-10 Reynard Way is a home located in San Diego County with nearby schools including Grant K-8, Richard Henry Dana Middle School, and Roosevelt International Middle School.

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