This rare six-unit multifamily investment opportunity in Middletown, one of San Diego’s most desirable rental markets, offers exceptional potential. Located on a spacious RM-3-7 zoned lot, the property provides numerous value-add possibilities, redevelopment flexibility, and strong rental demand. With the potential to convert studios into one-bedroom units, investors can increase both rents and property value. Additonally, its large lot and RM-3-7 zoning allows for increased density and redevelopment opportunities. Situated within walking distance of dining, retail, and entertainment, and with proximity to major employment hubs and easy freeway and transit access, the location is prime. Offering strong cash flow potential, this investment is ideal for long-term holds or redevelopment strategies.
Property Details
Price:
$1,825,000
MLS #:
250018364SD
Status:
Active
Baths:
0
Address:
3206 Reynard Way
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92103missionhills
City:
San Diego
Listed Date:
Feb 6, 2025
State:
CA
ZIP:
92103
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3206 Reynard Way
San Diego, CA
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