1566 Reed AveSan Diego, CA 92109

Multi-Family
$2,025,000 Active

1566 Reed Ave Overview

Time on Site:
3 days
Visits:
0

1566 Reed Ave presents the rare opportunity to acquire a charming 3-unit multifamily property in the highly desirable Crown Point neighborhood of Pacific Beach. Located just blocks from Mission Bay, beaches, Trader Joe’s, restaurants, cafés, and nightlife, the property offers an exceptional coastal lifestyle with strong and consistent rental demand. The property consists of three private cottage-style 1-bedroom / 1-bathroom units, including a newly constructed rear unit and two newly updated front units featuring modern finishes and thoughtful design. Residents benefit from private fenced yard spaces, in-unit laundry, air conditioning, quartz countertops, and updated tiled bathrooms. 1566 Reed Ave offers investors the opportunity to acquire a turnkey coastal asset in one of San Diego’s most sought-after and supply-constrained beach communities, positioned for long-term appreciation and continued tenant demand.

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1566 Reed Ave Facts & Features

  • Type Multi-Family

Details

General

Income/Expenses

  • Gross Scheduled Income: 111840.0
  • Net Operating Income: 77408.0

Building Information

  • Year Built: 1951

Location/Region

  • Country: US
  • County Or Parish: San Diego
  • MLS Area Major: 92109 - Pacific Beach
  • Postal City: SAN DIEGO
  • Subdivision Name: San Diego

Community/Development

  • Community Features: Gated

Rent/Lease Information

  • Tenant Pays: Electricity,Gas

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 4231931800
  • Park Name: None
  • Property Type: Residential Income
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Heating: Yes
  • Levels: One
  • Security Features: Gated Community
  • Spa: No
  • Stories: 1
  • Stories Total: 1

Exterior

Lot Information

  • Number Of Buildings: 2

Waterfront/View

  • View: No

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 3

1566 Reed Ave Neighborhood

Community

92109 (San Diego) Demographics

32
Median Age
3,935
Population Density (per sq. mile)
75%
College Educated
$92,379
Estimated Median Income
6,822
Estimated Total Home Owners
15,071
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1566 Reed Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1566 Reed Ave Market Data

Based on the last 30 days in this zip code

$1,919,732
Average List Price
$1,250
Average Price per Square Foot
34
Properties Sold
84
Average Days on Market
146
Properties for Sale
Calculations provided by Reliance Network

1566 Reed Ave History

Date Event Value Agent
6/26/2026Source: CRMLS Added to Database
June 26, 2026
12/23/2022Source: CRMLS Added to Database
December 23, 2022
10/31/2022Source: CRMLS Added to Database
October 31, 2022
Listing provided courtesy of Whitewater CRE IncCarson Trujillo- MLS# 260015665SDMLS ProviderContact Information: [email protected] - 925-766-1062
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