1141 Reed Ave. , San Diego, CA 92109
$3,225,000
Est. Payment: $17,591.40/mo
9 Bed
6 Bath
Status: Active | Days on site: 2
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SAND-3874 - SAND-651419
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House Description

It is a pleasure to present for sale 1141-47 Reed Avenue, a phenomenally well-located four-unit property in Pacific Beach, within steps to Sail Bay (2.2 blocks), the beach (4.4 blocks), and more recreation options than one could ever tire of, within the coveted Crown Point area. Comprised of: two (2) 2br/1ba units; one (1) 2br/2ba unit; and one (1) 3br/2ba 'owner's' unit with rooftop deck, there are ten total off-street parking spaces, including a 2-car garage and eight (8) surface spaces. All units have in-unit laundry, and an exclusive use outdoor patio/balcony or yard. The front duplex (1145-47 Reed Ave.) features a spacious 3-bedroom/2-bathroom unit on top (1147), boasting vaulted ceilings with high windows and skylights for good natural light, a rooftop deck and private balcony, plus a large master bedroom with double-sided fireplace, a bonus room, and an en-suite bathroom with jacuzzi tub. This unit is ripe with upside potential via a full modernization. Below is a 2-bedroom/2-bathroom unit (1145) with updated kitchen and bathrooms, including white shaker-style cabinetry, granite countertops, stainless steel oven/range, micro-hood, and white dishwasher, with tile flooring throughout (carpeted bedrooms), and radiant heat. Adjacent to unit 1145 is a 2-car garage, with two (2) surface off-street parking spaces in front of it. The rear duplex (1141-43 Reed Ave.) has a 2-bedroom/1-bathroom unit above another 2-bedroom/1-bathroom unit, both updated with stackable washer/dryers, tile flooring, among other upgrades. The roof of this building was just replaced. Residents at 1141-47 Reed Avenue enjoy great proximity to fun in the sand and surf, as well as a charming setting with private outdoor areas at each unit, some small lawn areas and tasteful landscaping throughout, its two large storage sheds plus two private bike and board outdoor storage areas, and a great parking situation. The front building (built in/around 1979) is of wood frame construction upon a concrete on grade foundation, and features a partial pitched roof with composition shingles, and wood siding, while the rear building (built in/around the 1950s or 60s), also on a concrete slab foundation with a pitched (hip) roof and composition shingles, has stucco for its exterior siding. All units are separately metered for gas and electricity, and the property is on city trash/recycling.

Highlights

Listed by Joseph Burrough , 858-352-6472 Palma Commercial , 858-352-6742. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Year Built

1979

County

San Diego

Area

92109 - Pacific Beach

Neighborhood

Pacific Beach

Listing ID

260024035SD

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:9
  • ▪ Bathrooms:6
Appliances:Gas Water Heater
Air Cond:See Remarks
Fireplaces:

Exterior Features

Lot:Sprinkler System,No Land Lease
Garage Capacity:0
Roof:Composition
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$17,591
Taxes
$2,056

Home Price

$3,225,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$645,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,591.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,591.40 $2,055.94 $0.00 $19,647.34
Yearly $211,096.79 $24,671.25 $0.00 $235,768.04
Total $6,332,903.69 $740,137.50 $0.00 $7,073,041.19

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T03:13:44.000Z

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