1566 Reed Ave presents a rare opportunity to acquire a charming three-unit cottage-style property in the highly sought-after Pacific Beach / Crown Point neighborhood of San Diego. The property is comprised of three one-bedroom, one-bathroom units, each offering its own private yard and a unique residential feel that stands out… Read More from typical multifamily product in the area. The property features a strong mix of improvements, including two units with renovated kitchens and baths, as well as a newly constructed unit completed in 2024. All units are equipped with in-unit LG Washtower laundry, stainless steel appliances, and air conditioning, with the new unit featuring a split-system HVAC and the others outfitted with window AC units. Interior finishes include quartz countertops and tiled showers throughout. With its desirable coastal location, private outdoor spaces, and attractive unit upgrades, 1566 Reed Ave offers investors a compelling blend of lifestyle appeal and long-term rental demand. Read Less
Listing Snapshot
Days Online
42
Last Updated
Year Built
1941
MLS Number
260009478SD
Additional Details
Building
Built in 1941, 2 buildings, 1 storey, Levels: One
Community
Park Name: Crown Point Cottages
Cooling
SeeRemarks
Heating
SeeRemarks
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $108,543, Net Operating Income: $67,150
Taxes
Parcel Number: 4231931800
Tenant Pays
SeeRemarks
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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