3206-16 Reynard Way, Property Listing: MLS® #250018364

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.

3206-16 Reynard Way, Property Listing: MLS® #250018364 Close
Page Summary
  • MLS® #: 250018364
  • 3206-16 Reynard Way
  • , CA 92103
  • $1,825,000
  • 1 Bath
  • Office: Nara Advisors, Inc.

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.

Essential Information

  • MLS® #250018364
  • Listing Price$1,825,000
  • Date ListedFebruary 6th, 2025
  • Days on Market161
  • Bathrooms1.00
  • TypeResidential Income
  • Sub-TypeCom-Res Income
  • StatusActive

Community Information

  • Address3206-16 Reynard Way
  • AreaMISSION HILLS (92103)
  • CountySan Diego
  • StateCA
  • Zip Code92103

Amenities

  • AmenitiesNone,Other/Remarks
  • Has PoolYes

Interior

  • FireplaceYes
  • # of Stories1
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Listing information last updated on July 19th, 2025 at 12:09am PDT.