2138 2140 Reed Ave San Diego, CA $ 1,999,000
2138 2140 Reed Ave
$ 1,999,000
Recently Listed
Open House 2/1 2pm - 5pm
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2138 2140 Reed Ave

San Diego, CA, 92109
$ 1,999,000
Baths0.0

Monthly Estimate*

$ 12,308

Listed by Compass
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Studio

Multi-Family Home for sale in San Diego, CA

for $1,999,000. This home was built in 1960 on a lot size of 0.0704.

Opportunity is the name of the game with this remodeled two-unit property in the heart of Pacific Beach. The front unit is a recently remodeled 3-bedroom, 2-bath home featuring open-concept living on the main level with a full bath and laundry. Upstairs, you’ll find all three bedrooms and a second full bath, including a primary suite with bay, SeaWorld, and downtown views plus a private deck to enjoy ocean breezes and sunsets. The rear unit is a charming 2-bedroom, 1-bath bungalow full of classic PB character, complete with an inviting front porch and a back patio perfect for relaxing or storing surfboards and bikes. Both units are equipped with mini-split systems, and the property offers ample parking with three off-street spaces. Ideally located within walking distance to Mission Bay, Kendall-Frost Preserve, Crown Point Park, and Mission Bay Golf Course, plus a short stroll to Campland for live music, food, boating, and summer fun. Whether you’re seeking an investment, second home, or an owner-occupant opportunity with rental income at the beach, this property truly checks all the boxes.

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Open House

2/1/2026 2:00 PM - 5:00 PM
2138 2140 Reed Ave San Diego, CA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 1,999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.0704

Year Built

1960

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260002133SD

Days on Market

2

Features
General
Heating Electric Zoned
Cooling Zoned
Roof Composition
HOA Fee 0
Year Built 1960
Tenant Pays See Remarks
Levels Multi/Split
County San Diego
Net Operating Income 1
Property Type Residential Income
Subdivision Name Pacific Beach
Status Active
Directions CrossStreet: Noyes
City San Diego
Senior Community Y/N false
Number Of Units Total 2
MLS Area 92109 - Pacific Beach
Lot Size Units Square Feet
Lot Size Square Feet 3066
Listing Terms Cash Conventional
Standard Status Active
Cap Rate 0
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Lot Size Area 3066
Park Name n/a
Number of Buildings 2
Spa false
Lot Size Acres 0.0704
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

ScottBoothSD@gmail.com

Email

Affordability Calculator

$12,308
Per Month
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0%
0%
Monthly Principal & Interest
$12,308
Monthly Property Taxes
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Monthly Home Insurance
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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
1/29/2026$1,999,000 Listed Price

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2138 2140 Reed Ave, San Diego, CA, 92109 is a Multi-Family Home for sale at $1,999,000 with a lot size of 0.0704. 2138 2140 Reed Ave is a studio with 0.0 baths and was built in 1960. The property's zip code is 92109 which is in San Diego, CA