Property Details
About this Property
It is a privilege to present for sale 1150-56 Reed Avenue in Pacific Beach! A very well-located four (4) unit property, held by the same family as its original developer for 80+ years! Comprised of all (4) one-bedroom/one-bathroom units (+/-462 SF each), spread across two single story duplexes with pitched roofs and a beachy cottage vibe. Each unit has its own yard or dedicated patio area, and there are four (4) surface off-street parking spaces at the alley. Managed from afar for quite some time, it seems there is upside in operating performance either by way of: 1) a future redevelopment of 3-story structures that would max out rentable building area in this highly coveted location, allowing for much more income once complete and rented as a modern coastal product; 2) modernizing existing units to a degree sufficient to justify higher rents in-line with updated product in the immediate area; or 3) via modernization of existing units and operating (some or all) as short term rental units after any turnov
MLS Listing Information
MLS #
SD250034227
MLS Source
San Diego MLS
Interior Features
Cooling
Other
Heating
Gas - Natural, Wall Furnace
Exterior Features
Roof
Composition
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 462 | 1 | 1/0 | – |
| 2 | 462 | 1 | 1/0 | $1,700 |
| 3 | 462 | 1 | 1/0 | $1,595 |
| 4 | 462 | 1 | 1/0 | $1,400 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1150 Reed Ave. is a Residential Income in San Diego, CA 92109. This – square foot property sits on a 6,246 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,135,000 and was built in 1947. This address can also be written as 1150 Reed Ave., San Diego, CA 92109.
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This listing information is up-to-date as of September 19, 2025. For the most current information, please contact Joseph Burrough, (858) 822-9222
