2136 Reed St San Diego, CA $ 1,850,000
2136 Reed St
$ 1,850,000
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2136 Reed St

San Diego, CA, 92109
$ 1,850,000
Bedrooms4 Baths3.0

Monthly Estimate*

$ 11,391

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Multi-Family Home for sale in San Diego, CA

for $1,850,000 with 4 bedrooms and 3 full baths. This home was built in 1947 on a lot size of 0.071832.

Substantial Price Reduction! We are pleased to present 2134 Reed Avenue, a renovated triplex just two blocks to the bay in the highly popular Pacific Beach neighborhood of San Diego, California. Major upgrades have been made to the complex in the last two years including 2 completely renovated rear 1-bedroom / 1-bath units (approximately 500 SF) and a partially upgraded 2-bedroom cottage (approximately 824 SF). Roofs and fences were just completely rebuilt. Units have received upgraded power, individual washer /dryers and all new kitchens and baths in the rear units. Built in 1947 and restored in 2022, this triplex features prime walkability to the bay, beach, and popular Garnet Avenue shops, stores, restaurants and entertainment. This is an ideal investment for the location-prioritized investor, owner/user, ADU builder, or investor seeking strong cash flow for the price.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Res Income 2-4 Units

Lot Size

0.071832

Year Built

1947

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250043829

Features
General
Heating Wall/Gravity
Cooling Wall/Window
Utilities Sewer Connected
Roof Composition
HOA Fee 0.0
Security Features Gated Community
Construction Materials Wood
Year Built 1947
Tenant Pays Electricity Gas/Propane
View Bay
Levels 2 Story
Property Subtype Res Income 2-4 Units
Community Features BBQ Gated Community
Building Name complex
County San Diego
Operating Expense 37670.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name PACIFIC BEACH
Full Baths 3
Status ACTIVE
City San Diego
Senior Community Y/N N
Number Of Units Total 3
MLS Area Coastal South
Lot Size Units Acres
Lot Size Square Feet 3129.0
Property Attached Y/N N
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 3.46
Freehold IDX
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Exterior
Fencing Gate
Water Source Meter on Property
Lot Size Area 0.07
Number of Buildings 2
Building Area Total 1824.0
Frontage Type Bay
Waterfront Y/N N
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Interior
Total Stories 2
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 4
Total Baths 3
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* Excluded Features
List By
Conor M Brennan

Listing Agent

Marcus & Millichap

Broker

(720) 841-8139

Phone

Affordability Calculator

$11,391
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,391
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2025$1,850,000 Listed Price

Map


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2136 Reed St, San Diego, CA, 92109 is a Multi-Family Home for sale at $1,850,000 with a lot size of 0.071832. 2136 Reed St has 4 bedrooms, 3.0 baths, and was built in 1947. The property's zip code is 92109 which is in San Diego, CA