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CALLING ALL OFFERS! Now offered at an exceptional basis of just $229,166 per unit in core San Diego and a current cap rate of 5.76%. 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.
Listing agent: Derek Kaptanoglu DRE #02043281 derek.kaptanoglu@compass.com, Listing office: Compass
MLS data updated 10/27/2026, 1:00:10 PM PT
Source: CRMLS, MLS #: 260016883SD
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 26, 2026
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This home · nearest recorded event
$1,375,000Asking price recorded · Oct 26, 2026ZIP 92103 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.