3476 Reynard Way, San Diego, California 92103, San Diego, 92103 - 3 bed, 2 bath

3476 Reynard Way
San Diego, California 92103
Property Price
SUMMARY
Analysis of 3476 Reynard Way, San Diego, California 92103 reveals a Prime Investment Opportunity with a current list price of $1,349,900—significantly undercutting the $1,440,511 Fair Market Value by 6%. This valuation gap indicates a +$90,611 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3476 Reynard Way Subject | $1,349,900* List Price | 3 | 2 | 1,506 | $957 | - |
A 811 W Pennsylvania Ave Sold | $1,450,000 | 3 | 2 | 1,577 | $919 | 0.2 mi |
B 1004 W Walnut Ave. Sold | $1,582,000 | 4 | 3 | 1,854 | $853 | 0.1 mi |
C 3635 Kite St Sold | $1,500,000 | 3 | 2 | 1,300 | $1,154 | 0.3 mi |
D 4144 Ibis St Sold | $1,405,000 | 2 | 2 | 1,287 | $1,092 | 0.8 mi |
E 3354 Hawk St Sold | $1,500,000 | 4 | 4 | 1,821 | $824 | 0.2 mi |
F 4171 1st Ave Active | $1,250,000 List Price | 3 | 2 | 1,197 | $1,044 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1940, the property has undergone an extensive recent renovation within the last 5 years, qualifying it for an excellent rating. Key updates include a new central A/C and heating system (2020), updated plumbing, a tankless water heater, and new luxury vinyl plank flooring throughout. The kitchen and bathrooms have been fully remodeled with modern styles, featuring stainless steel appliances and contemporary fixtures, leaving the home in turnkey condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Significant Development Potential
The oversized 8,748 SF lot is zoned RM-3-7 with a Complete Communities designation, providing a rare and lucrative opportunity for investors or builders to develop high-density housing.
- Prime Walkable Location
Boasting an exceptional central location, the property is within walking distance of the Mission Hills shopping district and Little Italy, offering residents easy access to top-tier dining and amenities.
CONSRISKS & DEFICIENCIES
- Limited Covered Parking
Despite the large driveway, the property only features a one-car garage, which may be insufficient for buyers prioritizing secure, covered storage for multiple vehicles.
- Street Traffic Exposure
Located on Reynard Way, a well-traveled thoroughfare, the property may experience more ambient street noise and traffic compared to quieter, interior residential streets within Mission Hills.
About 3476 Reynard Way
***An exceptional opportunity in Mission Hills—Seller will consider a 2/1 interest rate buydown with the right offer! Set on an expansive 8,748 SF lot, this remodeled single-story 3-bedroom, 2-bath home blends style, flexibility & prime central living, complete with a 1-car garage & oversized driveway with space for up to six vehicles. Well suited as a turnkey residence for a primary home with ADU possibilities, investment or short-term rental, while the oversized RM-3-7–zoned lot with Complete Communities designation offers compelling development potential for investors & builders. Thoughtfully updated throughout, the home features 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 & expansive family room flowing into the open kitchen with breakfast bar & stainless steel appliances. A full-size laundry room with sink adds convenience, while remodeled bathrooms & a tranquil primary bedroom with serene backyard views enhance the home. Front & rear yards feature low-maintenance turf & drought-tolerant landscaping, while the private backyard is ideal for entertaining w/ a pergola-covered patio & ample space for outdoor dining & relaxation. Short walk to the Mission Hills village shopping district, Hillcrest, Little Italy & minutes from Downtown, the airport & Balboa Park. This remarkable home 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
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 8,748 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Diego Unified Schools
Florence Elementary School
Grades K-5 • 0.6 mi
Washington Elementary School
Grades K-5 • 1.2 mi
Birney Elementary School
Grades K-5 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,506 | 1,946 | 27% |
| Lot Size | 8,748 | 5,000 | 86% |
| Price | $1.35M | $1.74M | 22% |
| Price per sq ft | $896 | $959 | 40% |
| Built year | 1940 | 1936 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 152 | 10% |
Pricing History
Listed for Sale
Feb 5, 2026
$1,349,900
Initial Listing
Sold
Jan 9, 2018
$740,000
Public Record





























