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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 Diegobanner
$1,995,000
Prop. Type:
Residential Income
MLS® Num:
260024957
Status:
Active
Bedrooms:
3
Bathrooms:
3
Year Built:
1951
1566 Reed Avenue, a turnkey 3-unit multifamily property in the desirable Crown Point neighborhood of Pacific Beach, just blocks from Mission Bay, beaches, shopping, and dining. The property features three cottage-style 1-bedroom / 1-bathroom units, including one newly constructed unit and two recently renovated units. Each residence offers a private fenced yard, in-unit laundry, air conditioning, quartz countertops, stainless steel appliances, and updated bathrooms. An excellent opportunity to acquire a renovated coastal investment property in one of San Diego’s most sought-after rental markets.
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:
PB
Total Building Area:
Switch units of measure0 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:
1951
Age (in years):
Switch units of measure75 year(s)
Short Sale:
false
Home Owner Fees:
$0
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, Exchange
Cap Rate.:
3.82
Gross scheduled income:
111840.0
Other income actual:
3355
Operating expense:
34677.0
Number of Units:
3
Number of Units with Cooling:
3
Tenant pays:
Cable TV, Electricity, Gas/Propane
Special Listing Conditions:
Call Agent
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
423-193-18-00
Cooling:
Wall/Window
Roof:
Composition
Security:
N/K
Fencing:
Full
Listed by Whitewater CRE Inc
Data was last updated October 18, 2026 at 01:10 AM (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.