1566 Reed Ave San Diego, CA $ 2,025,000
1566 Reed Ave
$ 2,025,000
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1566 Reed Ave

San Diego, CA, 92109
$ 2,025,000
Bedrooms3 Baths3.0

Monthly Estimate*

$ 12,786

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Multi-Family Home for sale in San Diego, CA

for $2,025,000 with 3 bedrooms and 3 full baths. This home was built in 1951.

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, cafés, 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, and updated 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

$ 2,025,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Res Income 2-4 Units

Year Built

1951

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260015665

Features
General
Cooling Wall/Window
Roof Composition
Security Features Gated Community
Construction Materials Wood/Stucco
Year Built 1951
Tenant Pays Electricity Gas/Propane
Levels 1 Story
Property Subtype Res Income 2-4 Units
Community Features Other/Remarks
Building Name None
County San Diego
Operating Expense 34677.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name SAN DIEGO
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
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 3.82
Freehold IDX
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Exterior
Fencing Full
Lot Size Area 0.0
Number of Buildings 2
Building Area Total 1510.0
Waterfront Y/N N
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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
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* Excluded Features
List By
Carson P Trujillo

Listing Agent

Whitewater Cre Inc

Broker

(859) 433-8741

Phone

Affordability Calculator

$12,786
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,786
Monthly Property Taxes
--
Monthly 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
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2026$2,025,000 Listed Price

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1566 Reed Ave, San Diego, CA, 92109 is a Multi-Family Home for sale at $2,025,000. 1566 Reed Ave has 3 bedrooms, 3.0 baths, and was built in 1951. The property's zip code is 92109 which is in San Diego, CA