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    2948 Reynard Way 54 Msn, Unit Hills San Diego, CA 92103

    Under Contract
    For Sale
    $1,996,000

    Residential Income - Mission Hills (San Diego), CA

    Property size:
    3,200 SF
    Lot size:
    6,129.00 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 2948 Reynard Way 54 Msn

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    R-4
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    APN
    4515800600
    Parking
    6
    Exterior features
    Community Features Included: Sidewalks, Paved, Utilities - Overhead
    Size
    3,200 SF
    Lot size
    6,129.00 Acres

    Building Details

    Year built
    1954
    Floors in Building
    2
    Number of units
    5
    Architectural style
    Other

    Coldwell Banker West (619) 737-2126 [email protected]

    Listing agent Doug Canaris (619) 303-3399 License #01316661

    Listing date Oct 29, 2025

    MLS# PTP2505805 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mission Hills Multifamily Investment Opportunity

    This five-unit property in Mission Hills, San Diego, presents a significant investment opportunity. The property is centrally located, offering convenient access to Hillcrest, Little Italy, Balboa Park, and the Gaslamp Quarter. Residents can enjoy urban living with proximity to restaurants, coffee shops, bars, parks, and nightlife. The unit mix includes two 1-bedroom units and three 2-bedroom units. A notable amenity is the assigned parking for tenants. The upstairs unit features a large private patio or balcony with neighborhood views, while the back unit includes a large private backyard. The property is zoned R-4 and situated on a lot of approximately 0.14 acres. The building has a size of 3200 square feet. The property is located 10 minutes from the Pacific Ocean.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.168
    Latitude
    32.7476

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    FAQs

    What type of property is this?
    Apartment building - Five-unit property in Mission Hills, near downtown San Diego.
    Where is this apartment building located?
    The property is located at 2948 Reynard Way 54 Msn, Unit Hills San Diego, CA.
    What is the asking price?
    The asking price for this property is $1,996,000.
    What are key features of this property?
    This property features: - 5-unit property offering significant investment potential.; - Prime location near Hillcrest, Little Italy, Balboa Park, and Downtown Gaslamp.; - Assigned parking, a highly desirable feature.
    (619) 303-3399
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2948 Reynard Way 54 Msn, Unit Hills San Diego, CA 92103
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