1566 Reed Ave, Pacific Beach/Mission Beach, CA 92109

$1,995,000

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List Price
$1,995,000
Price Change
▼ $30,000 1789776908
Status
ACTIVE
MLS#
260009478SD
Year Built
1941
Days on Market
70
Property Type
Multifamily
Stories
One Level
Neighborhood
Pacific Beach

Property Description

1566 Reed Ave presents a rare opportunity to acquire a charming three-unit cottage-style property in the highly sought-after Pacific Beach / Crown Point neighborhood of San Diego. The property is comprised of three one-bedroom, one-bathroom units, each offering its own private yard and a unique residential feel that stands out from typical multifamily product in the area. The property features a strong mix of improvements, including two units with renovated kitchens and baths, as well as a newly constructed unit completed in 2024. All units are equipped with in-unit LG Washtower laundry, stainless steel appliances, and air conditioning, with the new unit featuring a split-system HVAC and the others outfitted with window AC units. Interior finishes include quartz countertops and tiled showers throughout. With its desirable coastal location, private outdoor spaces, and attractive unit upgrades, 1566 Reed Ave offers investors a compelling blend of lifestyle appeal and long-term rental demand.

Additional Information

Heat
See Remarks
Cooling
Yes
Cooling Description
See Remarks
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$108,543

Listing courtesy of Listing Agent: Carson Trujillo (carson@whitewatercre.com) from Listing Office: Whitewater CRE Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.