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Listing 37 out of 760
$975,000 For Sale

3628-30 Reynard Way
San Diego, CA 92103

2 units | Multi Family 2-4 - MLS# 170061229
Property Photo
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Description

2 houses, one lot. Both houses are identical, both have exclusive use front and back yards. Live in one and rent the other, or rent both. Easy to rent. Long term tenants, hence the rents are below market value. 1 tenant is m-t-m, the other has a lease through June 2018. 3628 has been fully renovated, 3630 is in very good condition. All appliances convey. Turn key investment. Low maintenance yards. Property is zoned for and can be redeveloped into 4 townhouses. Tenants are unaware property is for sale., Close to shopping districts of Mission Hills, Little Italy, & Hillcrest. Excellent freeway access. Our architect has looked at the property and did a zoning check with City of SD, property can be redeveloped into 4 townhouses or higher density commercial residential.

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Active
  • Listing Price: $975,000
  • County/Area: San Diego County
  • Zip Code: 92103
  • Year Built: 1958
  • Subdivision/Neighborhood: S Mission Hills
  • School District: San Diego Unified
  • Stories: 1 Story
  • Units: 2 units
  • View: Parklike
  • # Units w/Cooling: 2
  • # Units w/Dishwashers: 2
  • # of Buildings: 2
  • # of Units w/Dryers: 2
  • # of Units w/Garage: 2
  • # of Units w/Patios: 2
  • # of Units w/Range/Oven: 2
  • # of Units w/Refrigerator: 2
  • # of Units w/Washers: 2
  • Annual Expense Actual: 9585
  • Annual Expense Projected: 9585
  • Cap Rate Actual: 3.8
  • Community: Mission Hills
  • Cooling: Central Forced Air
  • Fencing: Full
  • Frontage Features: Open Space
  • Gross Rent Multiplier Act: 21
  • Gross Rnt Multiplier Proj: 16
  • Gross Sched Income Actual: 50400
  • Gross Sched Income Proj.: 66000
  • Heat Equipment: Forced Air Unit, Wall/Gravity
  • Heat Source: Electric, Natural Gas
  • Irrigation: Automatic
  • Listing Area: MISSION HILLS (92103)
  • Lot Description: Alley Access, Corner Lot, Public Street, Sidewalks, Street Paved
  • Lot Size Area: 4, 000-7, 499 SF
  • Miscellaneous: Value in Land
  • Net Oper.Income Projected: 56415
  • Parking Garage Unit 1: Attached
  • Parking Garage Unit 2: Attached
  • Parking Non-Garage Unit 1: Uncovered
  • Parking Non-Garage Unit 2: Uncovered
  • Pets: Yes
  • Roof: Composition
  • Sewer/Septic: Sewer Connected
  • Siding: Stucco
  • Tenant Pays: Electricity, Gas/Propane
  • Topography: Level
  • Unit # for Unit 1: 3628
  • Unit # for Unit 2: 3630
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Total Baths: 1
  • Unit 1 # of Full Baths: 1
  • Unit 1 Deposit: 1850
  • Unit 1 Estimated SqFt: 868
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Projected Rent: 2750
  • Unit 1 Rent Actual: 2075
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Total Baths: 1
  • Unit 2 # of Full Baths: 1
  • Unit 2 Deposit: 2000
  • Unit 2 Estimated SqFt: 868
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Projected Rent: 2750
  • Unit 2 Rent Actual: 2125
  • Water: Meter on Property
  • Water Heater Type: Gas
Courtesy of Big Block Realty, Inc.

 

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