1566 Reed Ave San Diego, CA ^$ 2,100,000

1566 Reed Ave

^$ 2,100,000

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1566 Reed Ave

San Diego, CA, 92109

^$ 2,100,000

Bedrooms3 Baths3.0

Monthly Estimate*

^$ 12,930

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Multi-Family Home for sale in San Diego, CA

for $2,100,000 with 3 bedrooms and 3 full baths. This home was built in 2024 on a lot size of 0.071671.

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, cafes, 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, stainless appliance package and 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.

Multi-Family Active

Price

^$ 2,100,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Lot Size

0.071671

Year Built

2024

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260011230

Features

General

Cooling Other/Remarks

Roof Other/Remarks

Security Features Other/Remarks

Construction Materials Other/Remarks

Year Built 2024

Tenant Pays Other/Remarks

Levels 1 Story

Property Subtype Res Income 2-4 Units

Building Name Crown Point Cottages

County San Diego

Operating Expense 35615.0

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 3122.0

Property Attached Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/snd/260011230

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 3.64

Freehold IDX

Exterior

Fencing Other/Remarks

Lot Size Area 0.0

Number of Buildings 2

Building Area Total 1510.0

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

$12,930

Per Month

Monthly Principal & Interest: $12,930
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 ^$2,193,493

Percent of Sale Price 4%

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
5/9/2026	$2,100,000		Listed Price

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1566 Reed Ave, San Diego, CA, 92109 is a Multi-Family Home for sale at $2,100,000 with a lot size of 0.071671. 1566 Reed Ave has 3 bedrooms, 3.0 baths, and was built in 2024. 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 5/10/2026.

CA BRE #019180026.

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1566 Reed Ave

Multi-Family Home for sale in San Diego, CA

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