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1517 Reed Ave
San Diego, CA 92109 Pacific Beach

$3,250,000 USD

Apartments For Sale  •  6,251 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,050 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1965
  • Zoning R3
40 Transit Score
60 Walk Score

Highlights

Irreplaceable Crown Point / Pacific Beach Location - Premier coastal San Diego location surrounded by Mission Bay and minutes from Pacific Beach
Highly Desirable 7-Unit Mix; Four 2-bed units, two 1-bed units and one studio, including three rare two-story townhomes and an 2-bed owners unit
±$150,000 Invested in the Past Year - Significant recent capital improvements reduce near-term capital requirements while providing strong returns
Proven Renovation & Value-Add Upside - Select units feature mini-split A/C, upgraded kitchens and bathrooms, new cabinetry and LVP flooring
Exceptional 11-Space Parking Count - Four tandem configurations, two private garages and one additional off-street space provide 11 total spaces
Large ±6,251 SF Coastal Parcel - Substantial land footprint in a supply-constrained coastal market provides long-term intrinsic value

Public Transportation

Commuter RailDriveWalkDistance
San Diego Old Town Transportation Center (Pacific Surfliner - Amtrak) 9 min - 5.5 mi
San Diego - Old Town (COASTER - North County Transit District) 10 min - 6.6 mi
AirportDriveWalkDistance
San Diego International 13 min - 7.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Conor Brennan 720-841-8139 CBRE
Conor Brennan 720-841-8139 CBRE