2073-79 Reed Ave - Apartments FOR SALE


San Diego, CA 92109- Pacific Beach
$3,200,000 USD
513-600-7498
2073-79 Reed Ave, San Diego, CA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/67
null | 4.4% Cap Rate

2073-79 Reed Ave
San Diego, CA 92109
Pacific Beach


HIGHLIGHTS

  • Beautiful Bay views!
  • 4 Large garages.
  • Fully Fenced, Private Outdoor Yards
  • Premium Corner Lot Location
  • In Unit Washer/Dryers
  • Maximized In Place Rents

OVERVIEW

Premier 4-Unit Investment Opportunity with Bay Views in Pacific Beach! This investment at 2073–79 Reed Ave, is located on a prime corner lot just steps from Mission Bay and a few blocks from the ocean. Situated in a quiet, highly desirable pocket of Pacific Beach, this property offers strong in-place income and excellent long-term upside. Property features a strong unit mix: (1) 3BR/2BA and (3) 2BR/1BA units—each tastefully renovated with modern finishes and great tenant appeal. Four deep garages offer rare potential to add additional units. Major capital improvements include a new roof, updated electrical, foundation upgrades, and complete replacement of all visible cast iron plumbing— Ideal opportunity for investors, owner-users, or Airbnb buyers seeking a clean, high-performing coastal asset in one of San Diego’s most sought-after rental markets. Bay views from select units and unbeatable walkability.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$995 USD /SF

# OF UNITS

4

PRICE/UNIT

$800,000

CAP RATE

4.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2073-79 Reed Ave, San Diego, CA 92109

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM 1-1

APN/PARCEL ID

424-261-12-00

ASK ABOUT THIS PROPERTY

Joey BelcastroKW CommercialMore Info
513-600-7498

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Joey BelcastroKW CommercialMore Info
513-600-7498

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.