934-36 Reed Ave

1,500 Sq. Ft.
$1,853 / Sq. Ft.
1,500
Sq. Ft.
$1,853
per Sq. Ft.

Description

Positioned just blocks from the sand at Sail Bay, this rare Pacific Beach offering presents a fully entitled, shovel-ready opportunity to deliver a modern coastal compound in one of San Diego’s most dynamic beach communities. Approved Coastal Development Permits, complete architectural plans, and construction estimates are in place for two striking contemporary residences—each paired with a private ADU—creating a versatile, high-demand product profile. Each main residence is thoughtfully designed...Positioned just blocks from the sand at Sail Bay, this rare Pacific Beach offering presents a fully entitled, shovel-ready opportunity to deliver a modern coastal compound in one of San Diego’s most dynamic beach communities. Approved Coastal Development Permits, complete architectural plans, and construction estimates are in place for two striking contemporary residences—each paired with a private ADU—creating a versatile, high-demand product profile. Each main residence is thoughtfully designed at approximately 2,195 square feet, featuring 4 bedrooms and 3.5 bathrooms, with a penthouse level and rooftop deck that invite ocean breezes and offer the potential for sweeping coastal outlooks. The detached ADUs, approximately 795 square feet with 2 bedrooms and 2 bathrooms, provide exceptional flexibility for income generation or multigenerational use. Subterranean parking for each home enhances both functionality and design integrity. Set within close proximity to the shoreline, surf at Tourmaline, and the energy of Pacific Beach’s shops and dining, this is a unique opportunity to capitalize on a fully approved coastal development in a supply-constrained location.

Listing Agents

  1. Seth O'Byrne

    Seth O'Byrne

    Listing Agent

    Compass

    DRE #01463479

    seth.obyrne@compass.com

    P: (858)-260-4982

  2. Amanda Olivas

    Amanda Olivas

    Alternative Listing Agent

    Compass

    DRE #02008883

    amanda.olivas@compass.com

    P: (619)-838-3179

Property Details for 934-36 Reed Avenue

Neighborhood
Pacific Beach
Community
PACIFIC BEACH
View
Bay, Ocean
Area Zip
San Diego (92109)
Standard Status
Active
LISTING UPDATED: 04/07/2026 04:09 PM

Property Details for 934-36 Reed Avenue

StatusActive
MLS #260008138
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.14 AC / 6,246 SF
CountySan Diego County

Location

Listing Courtesy of Compass, Seth O'Byrne, DRE #01463479; Compass, Amanda Olivas, DRE #02008883
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Building Information for 934-36 Reed Avenue

Stories2Residences3Year Built1950Building Size-Lot Size0.14 AC / 6,246 SF

Payment Calculator

$13,999 per month

30 year fixed, 6.46% Interest

Principal and Interest

$13,999

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 934-36 Reed Avenue

Summary
Location and General Information
  • Coordinates: -117.251764, 32.793728
  • Latitude: 32.793728
  • Longitude: -117.251764
  • Directions: CrossStreet: Bayard and Cass St.
  • MLS Area Major: Coastal South
  • Water Source: Meter on Property
  • Building Name: N/A
Taxes and HOA
  • Association Fee Includes: N/K
  • Other Fees: $0
  • CFD Mello Roos Fee: $0
  • Monthly Total Fees: $0
Property
Lot Information
  • Building Area Total: 1500.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.14
  • Lot Size Square Feet: 6246.0
  • Lot Size Units: Acres
  • Lot Size: 4,000-7,499 SF
Property and Assessments
  • Parcel Number: 423-123-19-00
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Age Restrictions: N/K
  • Site: West of I-5
  • Year Built: 1950
Farm Information
  • Irrigation Source: N/K
Utilities
  • Sewer: Sewer Connected
  • Utilities: Sewer Connected
  • Heat Source: Natural Gas
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Fencing: Other/Remarks
  • Roof: Other/Remarks
  • Community Features: N/K
  • Security Features: N/K
  • Number Of Buildings: 2
Interior Features
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Stories Total: 2
  • Cooling: N/K
  • Heating: N/K
  • Levels: 2 Story
  • Spa Features: N/K
  • Bedrooms Count: 3
  • Baths Total: 3.0
Multi Family
Income & Expenses
  • Operating Expense: $8,000
  • Other Income Actual: $0
  • Gross Scheduled Income: $73,788
Multi Family Information
  • Unit Numfor Unit1: 936
  • Unit Numfor Unit2: 934
  • Unit Numfor Unit3: 935
  • Num Units w Cooling: 1
  • Number Of Units Total: 3
Rental
Rent Information
  • Tenant Pays: Electricity, Gas/Propane, Water

Property History for 934-36 Reed Avenue

DateEvent & SourcePriceAppreciation
Apr 7, 2026

Listed (Active)

CRMLS #260008138SD

$2,780,000
Apr 7, 2026

Listed (Active)

SDMLS #260008138

$2,780,000
Dec 10, 2024

Expired

SDMLS #240018867

$2,975,000
Dec 9, 2024

Expired

CRMLS #240018867SD

Aug 9, 2024

Listed (Active)

CRMLS #240018867SD

$2,975,000
Aug 9, 2024

Listed (Active)

SDMLS #240018867

$2,975,000
Jul 14, 2023

Sold

CRMLS #230009918SD

$2,350,000
Jul 14, 2023

Sold

SDMLS #230009918

$2,350,000
Jun 16, 2023

Listed (Active)

CRMLS #230009918SD

$2,500,000
Jun 14, 2023

Pending

SDMLS #230009918

May 26, 2023

Expired

SDMLS #230005225

$2,500,000
May 25, 2023

Expired

CRMLS #230005225SD

$2,500,000
May 25, 2023

Listed (Active)

SDMLS #230009918

$2,500,000
Mar 21, 2023

Listed (Active)

CRMLS #230005225SD

$2,500,000
Mar 21, 2023

Expired

SDMLS #230003781

$2,500,000
Mar 21, 2023

Listed (Active)

SDMLS #230005225

$2,500,000
Mar 20, 2023

Expired

CRMLS #230003781SD

$2,500,000
Feb 28, 2023

Listed (Active)

CRMLS #230003781SD

$2,500,000
Feb 27, 2023

Listed (Active)

SDMLS #230003781

$2,500,000
Jun 30, 2021

Sold

SDMLS #210012708

$1,500,000
Jun 30, 2021

Sold

CRMLS #210012708

$1,500,000
May 13, 2021

Pending

SDMLS #210012708

May 13, 2021

Pending

CRMLS #210012708

May 6, 2021

Listed (Active)

SDMLS #210012708

$1,350,000
May 6, 2021

Listed (Active)

CRMLS #210012708

$1,350,000
DateEvent & SourcePrice
04/07/2026

Listed (Active)

CRMLS #260008138SD

$2,780,000
04/07/2026

Listed (Active)

SDMLS #260008138

$2,780,000
12/10/2024

Expired

SDMLS #240018867

$2,975,000
12/09/2024

Expired

CRMLS #240018867SD

08/09/2024

Listed (Active)

CRMLS #240018867SD

$2,975,000
08/09/2024

Listed (Active)

SDMLS #240018867

$2,975,000
07/14/2023

Sold

CRMLS #230009918SD

$2,350,000
07/14/2023

Sold

SDMLS #230009918

$2,350,000
06/16/2023

Listed (Active)

CRMLS #230009918SD

$2,500,000
06/14/2023

Pending

SDMLS #230009918

05/26/2023

Expired

SDMLS #230005225

$2,500,000
05/25/2023

Expired

CRMLS #230005225SD

$2,500,000
05/25/2023

Listed (Active)

SDMLS #230009918

$2,500,000
03/21/2023

Listed (Active)

CRMLS #230005225SD

$2,500,000
03/21/2023

Expired

SDMLS #230003781

$2,500,000
03/21/2023

Listed (Active)

SDMLS #230005225

$2,500,000
03/20/2023

Expired

CRMLS #230003781SD

$2,500,000
02/28/2023

Listed (Active)

CRMLS #230003781SD

$2,500,000
02/27/2023

Listed (Active)

SDMLS #230003781

$2,500,000
06/30/2021

Sold

SDMLS #210012708

$1,500,000
06/30/2021

Sold

CRMLS #210012708

$1,500,000
05/13/2021

Pending

SDMLS #210012708

05/13/2021

Pending

CRMLS #210012708

05/06/2021

Listed (Active)

SDMLS #210012708

$1,350,000
05/06/2021

Listed (Active)

CRMLS #210012708

$1,350,000

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

Schools near 934-36 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 5
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 5

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

934-36 Reed Avenue is a multi-family home for sale in San Diego, CA 92109. This property was listed for sale on April 7, 2026 by Compass, it's currently listed at $2,780,000. It has been on the market for a total of 13 days and was last sold on July 14, 2023. 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. 934-36 Reed Avenue is a 3-bed, 3-bath, 1,500 sqft multi-family home built in 1950.

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.

Listing Courtesy of Compass, Seth O'Byrne, DRE #01463479; Compass, Amanda Olivas, DRE #02008883

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 © 2026 SDMLS®, Inc.