1566 Reed Ave San Diego, CA ^$ 2,050,000

1566 Reed Ave

^$ 2,050,000

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1566 Reed Ave

San Diego, CA, 92109

^$ 2,050,000

Bedrooms3 Baths3.0

Monthly Estimate*

^$ 12,944

1566 Reed Ave, San Diego, CA 92109 - Image 1

1566 Reed Ave, San Diego, CA 92109 - Image 2

1566 Reed Ave, San Diego, CA 92109 - Image 3

1566 Reed Ave, San Diego, CA 92109 - Image 4

1566 Reed Ave, San Diego, CA 92109 - Image 5

1566 Reed Ave, San Diego, CA 92109 - Image 6

1566 Reed Ave, San Diego, CA 92109 - Image 7

1566 Reed Ave, San Diego, CA 92109 - Image 8

1566 Reed Ave, San Diego, CA 92109 - Image 9

1566 Reed Ave, San Diego, CA 92109 - Image 10

1566 Reed Ave, San Diego, CA 92109 - Image 11

1566 Reed Ave, San Diego, CA 92109 - Image 12

1566 Reed Ave, San Diego, CA 92109 - Image 13

1566 Reed Ave, San Diego, CA 92109 - Image 14

1566 Reed Ave, San Diego, CA 92109 - Image 15

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Multi-Family Home for sale in San Diego, CA

for $2,050,000 with 3 bedrooms and 3 full baths. This home was built in 1941.

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.

Multi-Family Active

Price

^$ 2,050,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Year Built

1941

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260009478

Features

General

Heating Other/Remarks

Cooling Other/Remarks

Roof Other/Remarks

Security Features Other/Remarks

Construction Materials Other/Remarks

Year Built 1941

Tenant Pays Other/Remarks

Levels 1 Story

Property Subtype Res Income 2-4 Units

Community Features Other/Remarks

Building Name Crown Point Cottages

County San Diego

Operating Expense 43913.0

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

Property Attached Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/snd/260009478

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 3.5

Freehold IDX

Exterior

Fencing Other/Remarks

Lot Size Area 0.0

Number of Buildings 2

Building Area Total 1510.0

Frontage Type Other/Remarks

Waterfront Y/N N

Interior

Total Stories 1

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

Carson P Trujillo

Listing Agent

Whitewater Cre Inc

Broker

(859) 433-8741

Phone

Affordability Calculator

$12,944

Per Month

Monthly Principal & Interest: $12,944
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$2,184,815

Percent of Sale Price 7%

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
7/27/2026	$2,050,000	-4.65%	Price Down
4/22/2026	$2,150,000		Listed Price

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1566 Reed Ave, San Diego, CA, 92109 is a Multi-Family Home for sale at $2,050,000. 1566 Reed Ave has 3 bedrooms, 3.0 baths, and was built in 1941. 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 6.49% 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 8/11/2026.

CA BRE #019180026.

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1566 Reed Ave

Multi-Family Home for sale in San Diego, CA

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