2125 Reed Avenue

2125 Reed Avenue

San Diego, CA 92109

$9,200,000
Price
1
Beds
1
Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
a front view of a house with a yard
a view of a building with sitting area
a view of a house with backyard and sitting area
a front view of a house with a yard porch and outdoor seating
a front view of a house with a yard
a front view of a house with garden
a view of a cars park in front of a house
a view of a house with a patio
a view of entryway
a view of a house with a yard
an aerial view of residential houses with outdoor space
a view of an ocean
a view of a city
an aerial view of a houses with yard
an aerial view of a house with a yard
a front view of a house with garden
a view of living room with washer and dryer
a kitchen with granite countertop white cabinets and a sink
a bathroom with a granite countertop toilet a sink and a mirror
a view of an empty room with wooden floor and a window
a view of empty room with wooden floor
a view of a room with furniture window and wooden floor
a view of a livingroom with furniture and wooden floor
a view of a room with gym equipment

Description

Reed Ave is a 20 unit property comprised of all 1bd/1bt units, located just minutes from the ocean and includes an on site laundry facility. 13 of the 20 units have been remodeled with vinyl flooring, new cabinets and paint along with replacing bathtubs and fixtures as needed. Though currently in good condition, there is upside to increase rents. This amazing cash flow property is nestled between La Jolla and Mission Bay, and Mission Beach with excellent value add opportunities. This wonderful area...Reed Ave is a 20 unit property comprised of all 1bd/1bt units, located just minutes from the ocean and includes an on site laundry facility. 13 of the 20 units have been remodeled with vinyl flooring, new cabinets and paint along with replacing bathtubs and fixtures as needed. Though currently in good condition, there is upside to increase rents. This amazing cash flow property is nestled between La Jolla and Mission Bay, and Mission Beach with excellent value add opportunities. This wonderful area along the San Diego coastline extends approximately 3 miles along the Pacific Ocean and stretches east to Interstate 5.
  1. Listed by Jordan A Concepcion • DRE #01936834 • Brokerage DRE #01524589 • Keller Williams Realty

Property Details for 2125 Reed Avenue

City Postal ID
PACIFIC BEACH (92109)

Location

Listing Courtesy of Keller Williams Realty, Jordan A Concepcion, DRE #01936834
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LISTING UPDATED: 02/20/2024 12:16 PM

Property Details for 2125 Reed Avenue

StatusActive
MLS #240003693
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size0.30 AC / 13,015 SF
CountySan Diego County

Location

Listing Courtesy of Keller Williams Realty, Jordan A Concepcion, DRE #01936834
Add your commute

Building Information for 2125 Reed Avenue

Stories-Residences-Year Built-Building Size-Lot Size0.30 AC / 13,015 SF

Payment Calculator

$57,610 per month

30 year fixed, 7.25% Interest

Principal and Interest

$50,208

Property Taxes

$7,402

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2125 Reed Avenue

Summary Information
Property and Location
  • System ID: 240003693
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 2125
  • Street Name: Reed Avenue
  • Market Area: Coastal South
Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 424-271-04-00
Multi Family Information
Unit 1
  • Unit Furnished: 0
  • Unit Rent: $1798-$2100
  • Unit Rent Total: $38,980
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Number of Bathrooms: 1
Building Details
  • Age: 1962
  • Have: Apartments
  • Motive/Want: Sell
  • SqFt of Improvement: 10,960
  • Tenant Pays Electric: Y
  • Tenant Pays Gas: Y
  • Tenant Pays Water: N

Property History for 2125 Reed Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2125 Reed Avenue

Taxable ValueLand$4,590,000Additions$2,652,000Total$7,242,000
Tax Record2023$88,818 ($7,402 / month)
Home Facts
Total Finished SqFt10,960 SqFtAbove Grade Finished SqFt10,960 SqFtLot Size13,015 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningR-3:RESTRICTECountySAN DIEGOAPN424-271-04-00

Schools near 2125 Reed Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Crown Point Jr Music Academy
Public - K to 5
Pacific Beach Middle School
Public - 6 to 8
Mission Bay High School
Public - 9 to 12
Barnard Elementary School
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.

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More information about 2125 Reed Avenue, San Diego, CA 92109

2125 Reed Avenue is a multi-family home for sale in San Diego, CA 92109. This property was listed for sale on February 20, 2024 by Keller Williams Realty, it's currently listed at $9,200,000. It has been on the market for a total of 67 days and was last sold on September 24, 2021. 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. 2125 Reed Avenue is a 1-bed, 1-bath, multi-family home.

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Listing Courtesy of Keller Williams Realty, Jordan A Concepcion, DRE #01936834

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