934-36 Reed Avenue San Diego, CA ^$ 2,780,000

934-36 Reed Avenue

^$ 2,780,000

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934-36 Reed Avenue

San Diego, CA, 92109

^$ 2,780,000

Bedrooms3 Baths3.0

Monthly Estimate*

^$ 17,117

934-36 Reed Avenue, San Diego, CA 92109 - Image 1

934-36 Reed Avenue, San Diego, CA 92109 - Image 2

934-36 Reed Avenue, San Diego, CA 92109 - Image 3

934-36 Reed Avenue, San Diego, CA 92109 - Image 4

934-36 Reed Avenue, San Diego, CA 92109 - Image 5

934-36 Reed Avenue, San Diego, CA 92109 - Image 6

934-36 Reed Avenue, San Diego, CA 92109 - Image 7

934-36 Reed Avenue, San Diego, CA 92109 - Image 8

934-36 Reed Avenue, San Diego, CA 92109 - Image 9

934-36 Reed Avenue, San Diego, CA 92109 - Image 10

Multi-Family Home for sale in San Diego, CA

for $2,780,000 with 3 bedrooms and 3 full baths. This home was built in 1950 on a lot size of 0.143388.

Positioned just blocks from the sand at Sail Bay, this rare Pacific Beach offering presents a fully entitled, shovel-ready opportunity to deliver a modern coastal compound in one of San Diego’s most dynamic beach communities. Approved Coastal Development Permits, complete architectural plans, and construction estimates are in place for two striking contemporary residences—each paired with a private ADU—creating a versatile, high-demand product profile. Each main residence is thoughtfully designed at approximately 2,195 square feet, featuring 4 bedrooms and 3.5 bathrooms, with a penthouse level and rooftop deck that invite ocean breezes and offer the potential for sweeping coastal outlooks. The detached ADUs, approximately 795 square feet with 2 bedrooms and 2 bathrooms, provide exceptional flexibility for income generation or multigenerational use. Subterranean parking for each home enhances both functionality and design integrity. Set within close proximity to the shoreline, surf at Tourmaline, and the energy of Pacific Beach’s shops and dining, this is a unique opportunity to capitalize on a fully approved coastal development in a supply-constrained location.

Multi-Family Active

Price

^$ 2,780,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Lot Size

0.143388

Year Built

1950

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260008138

Features

General

Heating N/K

Cooling N/K

Utilities Sewer Connected

Roof Other/Remarks

Association Fee Includes N/K

Security Features N/K

Construction Materials Stucco

Year Built 1950

Tenant Pays Electricity Gas/Propane Water

View Bay Ocean

Levels 2 Story

Property Subtype Res Income 2-4 Units

Community Features N/K

Building Name N/A

County San Diego

Operating Expense 8000.0

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 6246.0

Spa Features N/K

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 0.0

Freehold IDX

Exterior

Fencing Other/Remarks

Water Source Meter on Property

Lot Size Area 0.14

Number of Buildings 2

Building Area Total 1500.0

Waterfront Y/N N

Interior

Total Stories 2

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 3

Total Baths 3

* Excluded Features

List By

Seth OByrne

Listing Agent

Compass

Broker

(858) 869-3940

Phone

Affordability Calculator

$17,117

Per Month

Monthly Principal & Interest: $17,117
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,187,938

Percent of Sale Price 21%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/7/2026	$2,780,000		Listed Price

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934-36 Reed Avenue, San Diego, CA, 92109 is a Multi-Family Home for sale at $2,780,000 with a lot size of 0.143388. 934-36 Reed Avenue has 3 bedrooms, 3.0 baths, and was built in 1950. The property's zip code is 92109 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 4/9/2026.

CA BRE #019180026.

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934-36 Reed Avenue

Multi-Family Home for sale in San Diego, CA

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