3476 Reynard Way San Diego

3476 Reynard Way San Diego

D

, CA 92103

$1,349,900

Beds

3

Baths

2

Sqft

1,506

Year Built

1940

Days on Market

26

Property Type

Single Family

HOA/mo

N/A

MLS ID

260002778SD

Description

Seller will consider a 2/1 interest rate buydown with the right offer! Set on a generous 8,748 SF lot in the highly sought-after Mission Hills neighborhood, this remodeled single-story 3-bedroom, 2-bath home blends style, flexibility & prime central living. Exceptional potential as a versatile turnkey residence for a primary home with ADU potential, investment or short-term rental, while the oversized RM-3-7–zoned lot & Complete Communities designation create compelling development opportunities for investors & builders. Thoughtfully updated throughout, the home features a recent termite clearance, high ceilings, new luxury vinyl plank flooring, fresh interior & exterior paint, central A/C & heating (2020), updated plumbing & insulation, ceiling fans & a tankless water heater. The floor plan includes 2 living areas—a formal living room & an expansive family room that flows into the open kitchen with breakfast bar & stainless steel appliances. Remodeled bathrooms & a tranquil primary bedroom with serene backyard views further enhance the home. Additional highlights include a full-size laundry room w/ sink, a 1-car garage & oversized driveway for up to six vehicles. Front & rear yards feature low-maintenance turf & drought-tolerant landscaping. The private backyard is ideal for entertaining w/ a pergola-covered patio & ample space for outdoor dining & relaxation. Short walk to the Mission Hills shopping district, Hillcrest, Little Italy & just minutes from Downtown, the airport & Balboa Park. This amazing opportunity offers comfort, space & an unbeatable central location! Mission Hills Shopping District – 2–3 min (walkable) – Little Italy – 5–7 min (walkable) – San Diego International Airport – 8–10 min – Downtown (Ballpark/Gaslamp) – 10–12 min – Liberty Station – 7–9 min – Old Town – 6–8 min – Balboa Park – 6–8 min – Hillcrest – 5–7 min – North Park – 7–9 min – Ocean Beach – 10–12 min – Sunset Cliffs – 12–15 min – Mission Bay – 12–15 min – Pacific Beach – 15–18 min – La Jolla – 18–22 min – Coronado – 12–15 min – Naval Bases – 10–18 min (Point Loma 8–10 min | 32nd St 12–15 min | North Island 15–18 min) – Shopping (Target/Trader Joe’s/Home Depot/Fashion Valley Mall) – 5–10 min

Mortgage Calculator

Est. Monthly Payment

$8,569

Principal & Interest$6,826
Property Tax$1,350
Insurance$394
%($269,980)
%

Investment Score

7D
Est. Monthly Rent

Market Rent Estimate

$5,648
Monthly Cashflow

Rent − PITI − HOA

$-2,922
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,346

Mortgage (P+I)
$6,826
Cap Rate
1.32%
Cash-on-Cash
-12.99%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$8,570

NOI (Annual)
$17,762
Price-to-Rent

Lower = better for investors

19.9

* Defaults: 20% down, 6.5% rate, 30yr.

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