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1566 Reed Ave

San Diego, CA 92109
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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 m ost sought-after and supply-constrained beach communities, positioned for long-term appreciation and continued tenant demand.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,025,000

AD Id : 86505915

MLS Id : 260015665SD

Year Built : 1951

County : San Diego

Subdivision: Fallbrook

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Roof: Composition
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Heating Source

    Has Heating

  • Building Information

    Year Built: 1951 Roof: Composition
  • Security Features

    Gated Community

  • Listing Price Information

    Original List Price: 2,025,000 Listing Contract Date: 2026-06-26
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 4231931800

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 92109 - Pacific Beach Directions: CrossStreet: Ingraham St Source Property Type: Residential Income Area: 92109 - Pacific Beach
  • Building and Construction

    Property Age: 75 Year Built Source: Vendor Enhanced Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2522 Chalcedony St, San Diego, CA, 92109 $2,499,000 4 3 2,598 2,598 SqFt
2402 Alto Cerro Circle, San Diego, CA, 92109 $3,695,000 3 3 3,613 3,613 SqFt
2139 Balboa Ave, San Diego, CA, 92109 $2,900,000 -- -- --
4801 Academy, San Diego, CA, 92109 $3,999,000 5 5 2,923 2,923 SqFt
4841 Academy St, San Diego, CA, 92109 $3,199,000 4 3 2,929 2,929 SqFt
1994 Diamond #2, San Diego, CA, 92109 $1,095,000 2 2 1,192 1,192 SqFt
4266 Morrell, San Diego, CA, 92109 $1,759,000 3 2 1,360 1,360 SqFt
3953 Sequoia St, San Diego, CA, 92109 $2,195,000 3 2 1,792 1,792 SqFt
4053 55 Jewell, San Diego, CA, 92109 $1,699,900 -- -- --
3634 Crown Point Dr, San Diego, CA, 92109 $2,595,000 4 3 1,926 1,926 SqFt

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ByOwner last updated this listing 07/02/2026 @ 01:37

MLS: 260015665SD LISTED BY: Carson Trujillo, Whitewater CRE Inc 925-766-1062 SOURCE: CRMLS

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