NOT LISTED FOR SALE

1536 Reed Ave San Diego, CA 92109

Pacific Beach Neighborhood
8 Beds
8 Baths
-- Sq Ft
6,245 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $1,900,000

100 Days on Market

Highlights

  • Partially Fenced Property
  • Crown Point Junior Music Academy Rated A-
  • 4-minute walk to Crown Point Dog Park

About This Home

As of July 2020

A front two bedroom/two bath detached house and a triplex with all two bedroom/two bath apartments mean easy rentals. Two garages are included in rent and seller has used two. Four garages make this asset very desirable to more upscale tenants. Newer exterior paint, dual pane windows and five water heaters. Sloped roofs and concrete driveway means lower maintenance cost. Reed Ave is a low traffic residential street providing quiet surroundings, just a short bike ride away from the beach.

Last Agent to Sell the Property

Terry Moore

ACI Apartments License #00918512 Listed on: 02/11/2020

Last Buyer's Agent

Anni Grimes

Coldwell Banker Realty License #01301792

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 6,245 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 423-193-13-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $87,970

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Ingraham & Haines
  • Neighborhood: Pacific Beach
  • LP / Sq Ft: 20.82
  • Stories: 2 Story
  • Sale Price List Price: 0.95
  • Total Stories: 2
  • Year Built: 1984
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 423-193-13-00
  • Estimated Lot Sq Ft: 6245

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 87970
  • Annual Expense Actual: 32068
  • Annual Expense Projected: 32068
  • Gross Rent Multiplier Actual: 16.0
  • Gross Rent Multiplier Projected: 15.0
  • Gross Sched Income Actual: 125040
  • Gross Sched Income Projected: 133440
  • Number Of Buildings: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 5280
  • Other Income Projected: 5280.0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $1,900,000 -5.0% --
05/22/2020 05/22/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $1,999,000 0.0% --
03/06/2020 03/06/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $1,999,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Terry Moore

    Seller's Agent in 2020

    Terry Moore

    ACI Apartments

    (619) 889-1031

    1 in this area

    52 Total Sales

    Terry Moore
    Section Image

  • A

    Buyer's Agent in 2020

    Anni Grimes

    Coldwell Banker Realty

    (619) 261-1472

    2 in this area

    6 Total Sales

    Anni Grimes
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200006993

San Diego MLS

APN: 423-193-13-00

California San Diego County San Diego 92109 Pacific Beach

1536 Reed Ave, San Diego, CA

This home is located at 1536 Reed Ave, San Diego, CA 92109 since 11 February 2020. This property was built in 1984. 1536 Reed Ave is a home located in San Diego County with nearby schools including Crown Point Junior Music Academy, Pacific Beach Middle, and Mission Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes