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
Baths0.0

Monthly Estimate*

$ 12,944

Listed by Whitewater CRE Inc
1566 Reed Ave, San Diego, CA 92109 - Image 1
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Studio

Multi-Family Home for sale in San Diego, CA

for $2,050,000. 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.

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Multi-Family Active

Price

$ 2,050,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1941

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260009478SD

Days on Market

107

Features
General
Heating See Remarks
Cooling See Remarks
HOA Fee 0
Year Built 1941
Tenant Pays See Remarks
Stories Count 1
Levels One
County San Diego
Net Operating Income 67150
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
Virtual Tour https://www.propertypanorama.com/instaview/snd/260009478
Standard Status Active
Cap Rate 3.5
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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
Park Name Crown Point Cottages
Number of Buildings 2
Spa false
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* Excluded Features
List By
Whitewater Cre Inc

Broker

carson@whitewatercre.com

Email

Affordability Calculator

$12,944
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,944
Monthly Property Taxes
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$2,050,000 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 is a studio with 0.0 baths and was built in 1941. The property's zip code is 92109 which is in San Diego, CA