Offered at an exceptional basis of just $275,000 per unit, 3206-16 Reynard Way presents investors with a rare opportunity to acquire a well-located multifamily asset in San Diego's urban core. The property provides attractive day-one income while offering meaningful upside through future rental growth and the long-term potential to redevelop the site. Zoned RM-3-7, the property offers investors multiple paths to create value, whether through increasing rental income over time or capitalizing on the site's favorable zoning and future development potential. Opportunities to acquire well-located multifamily assets at this basis with immediate income and long-term upside are increasingly rare in core San Diego.
For sale
Price cut: $75K (9/4)
$1,575,000
3206-16 Reynard Way, San Diego, CA 92103
--beds
--sqft
Multi Family
Built in ----
-- sqft lot
$1,650,400 Zestimate®
$--/sqft
$-- HOA
What's special
- 58 days
- 206
- 14
Zillow last checked:
Listing updated:
Listed by:
Derek Kaptanoglu DRE #02043281 858-221-9649,
Compass
Source: SDMLS,MLS#: 260016883
Originating MLS: SDMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 6
- Full bathrooms: 6
Interior area
- Total structure area: 0
Video & virtual tour
Property
Features
- Stories: 1
Lot
- Size: 8,067 Square Feet
Details
- Parcel number: 4515630500
- Zoning: RM-3-7
- Zoning description: RM-3-7
- Special conditions: Other/Remarks
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & HOA
Community
- Features: None
Location
- Region: San Diego
Financial & listing details
- Date on market: 7/10/2026
Estimated market value
$1,650,400
$1.57M - $1.73M
$4,253/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $1,575,000-4.5% |
Source: | ||
| 7/10/2026 | Listed for sale | $1,650,000-5.7% |
Source: | ||
| 1/16/2026 | Listing removed | $1,750,000 |
Source: | ||
| 9/5/2025 | Price change | $1,750,000-2.8% |
Source: | ||
| 8/12/2025 | Listed for sale | $1,800,000-1.4% |
Source: | ||
| 7/23/2025 | Listing removed | $1,825,000 |
Source: | ||
| 6/26/2025 | Listed for sale | $1,825,000-4.5% |
Source: | ||
| 6/17/2022 | Sold | $1,910,000+9.1% |
Source: | ||
| 8/21/2021 | Listing removed | -- |
Source: Willis Allen Real Estate Report a problem | ||
| 7/13/2021 | Pending sale | $1,750,000 |
Source: Willis Allen Real Estate #NDP2103929 Report a problem | ||
| 4/14/2021 | Listed for sale | $1,750,000 |
Source: Willis Allen Real Estate #NDP2103929 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Bankers Hill
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