3476 Reynard Way, San Diego, California 92103, San Diego, 92103 - 3 bed, 2 bath
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San Diego, California 92103
This Updated Mission Hills Detached Home is a Prime Investment Opportunity listed at $1,199,900—positioned well below the $1,234,315 Fair Market Value by 2%. This valuation gap offers $34,415 in Instant Equity for buyers. Featuring a Condition Rating of 3, the residence boasts City Skyline and Bay Views, modern infrastructure, and proximity to Top-Rated Schools like Grant K-8. The expansive 8,748 SF RM-3-7 Zoned Lot provides massive upside for ADU development or multi-unit expansion. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3476 Reynard Way Subject | $1,199,900* List Price | 3 | 2 | 1,506 | $820 | - |
A 811 W Pennsylvania Ave Sold | $1,450,000 | 3 | 2 | 1,577 | $919 | 0.2 mi |
B 301 W Brookes Avenue Sold | $1,065,000 | 3 | 2 | 1,323 | $805 | 0.2 mi |
C 3354 Hawk St Sold | $1,500,000 | 4 | 4 | 1,821 | $824 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant modern updates throughout. It features luxury vinyl plank flooring, fresh interior and exterior paint, recessed lighting, and updated fixtures. The kitchen is well-maintained with stainless steel appliances and refreshed cabinetry, though it retains older-style tile countertops. High-value system upgrades including central A/C with a Nest thermostat, updated plumbing, and a tankless water heater elevate the home's quality despite its 1940 build year.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8748, living area = 1506.
Ideally situated at the intersection of Mission Hills, Little Italy, and Bankers Hill, providing exceptional walkability and rapid access to San Diego's premier dining, Balboa Park, and the airport.
The expansive 8,748 SF lot paired with RM-3-7 zoning offers significant value-add opportunities, including the potential for an ADU conversion of the garage or future multi-unit development.
Despite recent updates, the 1940 construction year may necessitate higher long-term maintenance costs for structural or foundational elements compared to newer builds.
Positioned on Reynard Way, a well-traveled neighborhood thoroughfare, the property may experience more ambient street noise than homes located on quieter side streets within Mission Hills.
Smart buy in one of San Diego’s most sought-after central locations! This updated single-story 3BR/2BA Mission Hills detached home is ideally situated between Little Italy, Bankers Hill and Mission Hills, offering a blend of urban lifestyle and city convenience without the higher price tag, HOA fees or condo compromises. Whether a primary residence, San Diego getaway, short or long-term rental investment, this home offers flexibility and opportunity. The property sits on an 8,748 SF RM-3-7 zoned lot with space for an ADU or future development potential. Step into the sun-drenched living room with high ceilings and brand new luxury vinyl plank flooring throughout. The flexible floor plan includes a family room as well that opens to the oversized kitchen with breakfast bar and stainless steel appliances. There's also a full-size laundry room with sink. Fresh interior and exterior paint, central A/C and heating (2020) with Nest thermostat, updated plumbing and insulation (2022), ceiling fans, tankless water heater & recent termite clearance make this home move-in ready, with room to update over time & build long-term value. The private backyard is generous & low-maintenance, featuring a modern pergola, turf & ample space to relax, host, or enjoy outdoor activities. A 1-car garage with ADU potential & an oversized driveway for up to six vehicles provide exceptional convenience. Walk or bike to Balboa Park, Downtown, Little Italy & the airport, with quick access to the city’s best shopping, dining & entertainment. Don’t miss this rare combination of location, lot size & value! 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 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
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 1,506 | 1,888 | 30% |
| Lot Size | 8,748 | 5,227.2 | 81% |
| Price | $1.20M | $1.74M | 10% |
| Price per sq ft | $797 | $956 | 33% |
| Built year | 1940 | 1930 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 153 | 6% |
Apr 1, 2026
$1,199,900
Initial Listing
Jan 9, 2018
$740,000
Public Record