2136 Reed Ave

$1,850,000
Price
4
Beds
1,824 Sq. Ft.
$1,014 / Sq. Ft.
1,824
Sq. Ft.
$1,014
per Sq. Ft.

Description

Substantial Price Reduction! 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...Substantial Price Reduction! 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.
  1. Listed by Conor M Brennan • DRE #01918598 • Brokerage DRE #00530854 • Marcus & Millichap • Conor.Brennan@cbre.com

Property Details for 2136 Reed Avenue

Neighborhood
crown point
Community
PACIFIC BEACH
View
Bay
Area Zip
San Diego (92109)
Standard Status
Active
LISTING UPDATED: 11/11/2025 02:38 PM

Property Details for 2136 Reed Avenue

StatusActive
MLS #250043829
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.07 AC / 3,129 SF
CountySan Diego County

Location

Listing Courtesy of Marcus & Millichap, Conor M Brennan, DRE #01918598
Add your commute

Building Information for 2136 Reed Avenue

Stories2Residences3Year Built1947Building Size-Lot Size0.07 AC / 3,129 SF

Payment Calculator

$9,142 per month

30 year fixed, 6.28% Interest

Principal and Interest

$9,142

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2136 Reed Avenue

Summary
Location and General Information
  • Coordinates: -117.229781, 32.798318
  • Latitude: 32.798318
  • Longitude: -117.229781
  • Directions: CrossStreet: red and noyes
  • MLS Area Major: Coastal South
  • Water Source: Meter on Property
  • Building Name: complex
  • Frontage Type: Bay
Taxes and HOA
  • Association Fee: $0
  • Other Fees: $0
  • CFD Mello Roos Fee: $0
  • Monthly Total Fees: $0
Property
Lot Information
  • Building Area Total: 1824.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.07
  • Lot Size Square Feet: 3129.0
  • Lot Size Units: Acres
  • Lot Size: 1-3,999 SF
Property and Assessments
  • Parcel Number: 424-202-19-00
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Age Restrictions: N/K
  • Year Built: 1947
Utilities
  • Sewer: Sewer Connected
  • Utilities: Sewer Connected
  • Heat Source: Electric
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Fencing: Gate
  • Roof: Composition
  • Community Features: BBQ, Gated Community
  • Security Features: Gated Community
  • Number Of Buildings: 2
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Stories Total: 2
  • Cooling: Wall/Window
  • Heating: Wall/Gravity
  • Levels: 2 Story
  • Bedrooms Count: 4
  • Baths Total: 3.0
Multi Family
Income & Expenses
  • Operating Expense: $37,670
  • Other Income Actual: $2,669
  • Gross Scheduled Income: $100,812
Multi Family Information
  • Unit Numfor Unit1: 2134
  • Unit Numfor Unit2: 2136
  • Unit Numfor Unit3: 2136.5
  • Unit 1 Projected Rent: $3,800
  • Unit 2 Projected Rent: $3,000
  • Unit 3 Projected Rent: $3,000
  • Num Units w Cooling: 3
  • Number Of Units Total: 3
Rental
Rent Information
  • Tenant Pays: Electricity, Gas/Propane

Property History for 2136 Reed Avenue

DateEvent & SourcePriceAppreciation
Nov 11, 2025

Listed (Active)

CLAW #250043829SD

$1,850,000
Nov 11, 2025

Listed (Active)

CRMLS #250043829SD

$1,850,000
Nov 11, 2025

Listed (Active)

SDMLS #250043829

$1,850,000
Aug 18, 2025

Withdrawn

CLAW #250034049SD

$1,890,000
Aug 18, 2025

Withdrawn

SDMLS #250034049

$1,890,000
Aug 17, 2025

Withdrawn

CRMLS #250034049SD

$1,890,000
Jul 21, 2025

Listed (Active)

SDMLS #250034049

$1,890,000
Jul 21, 2025

Listed (Active)

CLAW #250034049SD

$1,890,000
Jul 20, 2025

Listed (Active)

CRMLS #250034049SD

$1,890,000
DateEvent & SourcePrice
11/11/2025

Listed (Active)

CLAW #250043829SD

$1,850,000
11/11/2025

Listed (Active)

CRMLS #250043829SD

$1,850,000
11/11/2025

Listed (Active)

SDMLS #250043829

$1,850,000
08/18/2025

Withdrawn

CLAW #250034049SD

$1,890,000
08/18/2025

Withdrawn

SDMLS #250034049

$1,890,000
08/17/2025

Withdrawn

CRMLS #250034049SD

$1,890,000
07/21/2025

Listed (Active)

SDMLS #250034049

$1,890,000
07/21/2025

Listed (Active)

CLAW #250034049SD

$1,890,000
07/20/2025

Listed (Active)

CRMLS #250034049SD

$1,890,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2136 Reed Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Crown Point Jr Music Academy
PublicK to 5

Pacific Beach Middle School
Public6 to 8

Mission Bay High School
Public9 to 12

Barnard Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2136 Reed Avenue is a multi-family home for sale in San Diego, CA 92109. This property was listed for sale on November 11, 2025 by Marcus & Millichap, it's currently listed at $1,850,000. This listing's school district is San Diego Unified School District. Nearby schools include Crown Point Jr Music Academy, Pacific Beach Middle School and Mission Bay High School. 2136 Reed Avenue is a 4-bed, 3-bath, 1,824 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Marcus & Millichap, Conor M Brennan, DRE #01918598

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 SDMLS®. 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 © 2025 SDMLS®, Inc.