934 Reed Ave

3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
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 Diegos most dynamic beach communities. Approved Coastal Development Permits, complete architectural plans, and construction estimates are in place for two striking contemporary residenceseach paired with a private ADUcreating a versatile, high-demand product profile. All fees for School, Water, and Sewer have been...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 Diegos most dynamic beach communities. Approved Coastal Development Permits, complete architectural plans, and construction estimates are in place for two striking contemporary residenceseach paired with a private ADUcreating a versatile, high-demand product profile. All fees for School, Water, and Sewer have been paid. 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 Beachs 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

    P: (858)-260-4982

  2. Amanda Olivas

    Amanda Olivas

    Alternative Listing Agent

    Compass

    DRE #02008883

    P: (619)-838-3179

Property Details for 934 Reed Avenue

Cross Streets
Bayard and Cass St.
Source Living Area
Assessor
Area
Other (LCOTH)
Lot Size Area
6246
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
423-123-19-00
LISTING UPDATED: 05/24/2026 08:26 AM

Property Details for 934 Reed Avenue

StatusActive
MLS #260012601SD
Days on Market3
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 Reed Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.14 AC / 6,246 SF

Payment Calculator

$14,601 per month

30 year fixed, 6.36% Interest

Principal and Interest

$14,601

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 934 Reed Avenue

Community / Development
Community / Development
  • Complex Name: N/A
  • Number Of Units: 3
  • Amenities: None
  • Association Fees Include: N/K
  • Builders Tract Name: Pacific Beach
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: Yes
  • View Description: Bay, Ocean
  • Security Features: None
  • Water: Meter on Property
  • Sewer: Sewer Connected
  • Water District: CITY OF SAN DIEGO
Contract Info
Contract Info
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $8,000.00
  • Gross Scheduled Income: $73,788
  • Cap Rate: .00%
  • Gross Rent Multiplier: $33.80
  • Other Income1: $.00
  • Total Annual Expense: 8000
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Lot Acreage: 0.14
  • Lot Description: West of I-5
  • Lot Location: Ocean
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Other
  • Fence: Other
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Electricity, Gas/Propane, Water
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Like Units: 1
Unit 3 Information
  • Unit Baths: 1
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108

Property History for 934 Reed Avenue

DateEvent & SourcePriceAppreciation
May 23, 2026

Listed (Active)

CLAW #260012601SD

$2,930,000
May 1, 2026

Withdrawn

CLAW #260008138SD

$2,780,000
Apr 7, 2026

Listed (Active)

CLAW #260008138SD

$2,780,000
DateEvent & SourcePrice
05/23/2026

Listed (Active)

CLAW #260012601SD

$2,930,000
05/01/2026

Withdrawn

CLAW #260008138SD

$2,780,000
04/07/2026

Listed (Active)

CLAW #260008138SD

$2,780,000

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

Schools near 934 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

934 Reed Avenue is a multi-family home for sale in San Diego, CA 92109. This property was listed for sale on May 23, 2026 by Compass, it's currently listed at $2,930,000. It has been on the market for a total of 3 days and was last sold on July 13, 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 Reed Avenue is a 3-bed, 3-bath, 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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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

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