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Residential Income for sale : 3 bedrooms : 1566 Reed Ave in San Diego

1566 Reed Ave San Diego

Main Photo: Residential Income for sale : 3 bedrooms : 1566 Reed Ave in San Diego
$2,050,000
Prop. Type:
Residential Income
MLS® Num:
260011230
Status:
Active
Bedrooms:
3
Bathrooms:
3
Year Built:
2024
1566 Reed Ave presents an opportunity to acquire a turnkey 3-unit multifamily property in the highly desirable Crown Point neighborhood of Pacific Beach. The property features three private cottage-style 1-bedroom / 1-bathroom units, including a newly constructed rear unit and two recently renovated front units. Each unit offers private outdoor space, in-unit laundry, air conditioning, quartz countertops, stainless steel appliances, and updated bathrooms. A rare opportunity to own a low-maintenance coastal asset in one of San Diego's most sought-after beach communities with strong long-term appreciation potential.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
Coastal South
Neighborhood Code:
Pacific Beach
Name of Complex/Subdivision:
PACIFIC BEACH
Building Name:
Crown Point Cottages
Total Building Area:
Switch units of measure1,510 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
3
Bathrooms:
3
Full Bathrooms:
3
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
2024
Age (in years):
Switch units of measure2 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Special Funding
Cap Rate.:
3.64
Gross scheduled income:
111840.0
Other income actual:
3600
Operating expense:
35615.0
Number of Units:
3
Number of Units with Cooling:
3
Tenant pays:
Other/Remarks
Unit Number for Unit 1:
1566
Unit Number for Unit 2:
1566.5
Unit Number for Unit 3:
1568
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Other/Remarks
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
423-193-18-00
Cooling:
Other/Remarks
Roof:
Other/Remarks
Security:
Other/Remarks
Fencing:
Other/Remarks
Listed by Whitewater CRE Inc
Data was last updated June 12, 2026 at 07:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
Data Source Logo
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.