1566 Reed
1566 Reed Ave
1566 Reed Ave, San Diego, CA 92109
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, 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.
PROPERTY DETAILS
Purchase Price - $2,050,000
3,122
1951/2024
LOT SIZE SF
YEAR BUILT
Pacific Beach
LOCATION
1,510
03
SQ. FT.
UNITS
PROPERTY HIGHLIGHTS
01 / Rental Demand
Strong rental demand in Pacific Beach / Crown Point, with strong demand due to influx of residents.
02 / Property Layout
Charming cottage style units with private yard space, generating greater returns than traditional apartment style units.
03 / Property Condition
Two Units updated in kitchens & baths, & 1 unit newly built in 2024. All units include in-unit washer/dryer.
Listing Team
350 Tenth Ave #710, San Diego, CA 92101
License #: CA 01974818