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For sale
  • $1,890,000

    2134 Reed Ave, San Diego, CA 92109

    4beds
    --sqft
    : 
    Multi Family
    Built in 1947
    -- sqft lot
    $1,900,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New kitchens and bathsUpgraded power
    We are pleased to present 2134 Reed Avenue, a renovated triplex just two blocks to the bay in the highly popular Pacific Beach neighborhood of San Diego, California. Major upgrades have been made to the complex in the last two years including 2 completely renovated rear 1-bedroom / 1-bath units (approximately 500 SF) and a partially upgraded 2-bedroom cottage (approximately 824 SF). Roofs and fences were just completely rebuilt. Units have received upgraded power, individual washer /dryers and all new kitchens and baths in the rear units. Built in 1947 and restored in 2022, this triplex features prime walkability to the bay, beach, and popular Garnet Avenue shops, stores, restaurants and entertainment. This is an ideal investment for the location-prioritized investor, owner/user, ADU builder, or investor seeking strong cash flow for the price. Pacific Beach presents a unique opportunity due to its prime coastal location, popular restaurants and stores, and vibrant community atmosphere. The area is known for its beautiful beaches, active lifestyle, and a strong tourism market, attracting both locals and visitors year-round. This consistent influx of people creates a robust demand for various investment properties, including multifamily, retail, restaurants, and hospitality, making it a lucrative environment for investment. Additionally, Pacific Beach has seen significant development and revitalization efforts, enhancing its appeal and driving property values upward. Moreover, the strong rental market in Pacific Beach provides investors with the potential for stable cash flow and long term appreciation. The area’s demographics, characterized by a mix of young professionals, college students, families, and retirees, support a diverse range of commercial opportunities. With favorable zoning regulations and a supportive local government focused on sustainable development, investors can benefit from a proactive environment for growth. The combination of a thriving economy, desirable lifestyle, and limited available space makes Pacific Beach a compelling choice for anyone looking to invest in the area.
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    Zillow last checked: 7 hours ago

    Listing updated: August 18, 2025 at 03:41pm

    Listed by:

    Conor M Brennan DRE #01918598 720-841-8139,

    Marcus & Millichap

    Source: SDMLS,MLS#: 250036594MLS LogoOriginating MLS: San Diego Association of REALTOR
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2134 Reed Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Wall/Gravity
    Cooling
    • Wall/Window
    Interior area
    • Total structure area: 1,824

    Property

    Features
    • Levels: 2 Story
    • Fencing: Full
    • Has view: Yes
    • View description: Bay
    • Has water view: Yes
    • Water view: Bay
    • Frontage type: Bay
    Lot
    • Size: 3,136.32 Square Feet
    Details
    • Parcel number: 4242021900

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood
    • Roof: Composition
    Condition
    • Year built: 1947

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Available

    Community & HOA

    Community
    • Features: BBQ, Gated Community, Laundry Facilities
    • Security: Gated Community
    • Subdivision: CROWN POINT
    Location
    • Region: San Diego

    Financial & listing details

    • Date on market: 8/18/2025
    • Listing terms: Cash,Conventional,FHA
    • Tenant pays: Cable TV, Electricity, Gas/Propane
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