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
Baths0.0

Monthly Estimate*

$ 12,930

Listed by Whitewater CRE Inc
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View a Virtual Tour
Studio

Multi-Family Home for sale in San Diego, CA

for $2,100,000. This home was built in 2024 on a lot size of 0.0717.

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.

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Multi-Family Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0717

Year Built

2024

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260011230SD

Days on Market

13

Features
General
Cooling See Remarks
HOA Fee 0
Year Built 2024
Tenant Pays See Remarks
Stories Count 1
Levels One
County San Diego
Net Operating Income 76470
Property Type Residential Income
Subdivision Name Pacific Beach
Status Active
Directions CrossStreet: Ingraham
City San Diego
Senior Community Y/N false
Number Of Units Total 3
MLS Area 92109 - Pacific Beach
Lot Size Units Square Feet
Lot Size Square Feet 3122
Virtual Tour https://www.propertypanorama.com/instaview/snd/260011230
Standard Status Active
Cap Rate 3.64
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 3122
Park Name Crown Point Cottages
Number of Buildings 2
Spa false
Lot Size Acres 0.0717
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* Excluded Features
List By
Whitewater Cre Inc

Broker

carson@whitewatercre.com

Email

Affordability Calculator

$12,930
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,930
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2026$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 0.0717. 1566 Reed Ave is a studio with 0.0 baths and was built in 2024. The property's zip code is 92109 which is in San Diego, CA