2125 Reed Ave - Apartments FOR SALE


San Diego, CA 92109- Pacific Beach
$8,600,000 USD
858-461-9910
2125 Reed Ave, San Diego, CA for Sale
$8,600,000 USD
Apartments - FOR SALE
1/17
null | 3.45% Cap Rate

2125 Reed Ave
San Diego, CA 92109
Pacific Beach


HIGHLIGHTS

  • Prime Pacific Beach Location – Highly desirable coastal neighborhood near Mission Bay
  • Value-Add Opportunity – Potential for rent increases & property upgrades
  • Strong Rental Market – High occupancy rates & increasing rental demand
  • Close to Beach & Bay – Walking distance to Mission Bay, local shops, dining, and entertainment

OVERVIEW

Exceptional 20-unit apartment building in a prime Pacific Beach location at 2125 Reed Ave, featuring all 1-bedroom, 1-bathroom units. This well-maintained property offers tremendous upside in rental income with strong value-add potential. Conveniently located near the beach, Mission Bay, shopping, and dining. An ideal opportunity for investors seeking to capitalize on one of San Diego’s most desirable rental markets.

FOR SALE DETAILS

PRICE

$8,600,000 USD

PRICE/SF

$619 USD /SF

# OF UNITS

20

PRICE/UNIT

$430,000

CAP RATE

3.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shorecrest Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

RM-1-1

APN/PARCEL ID

424-271-04

ASK ABOUT THIS PROPERTY

858-461-9910

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858-461-9910

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