NOT LISTED FOR SALE

1561 Reed Ave San Diego, CA 92109

Pacific Beach Neighborhood
4 Beds
2 Baths
1,273 Sq Ft
3,107 Sq Ft Lot

Last Sold November 01, 2024

Last sale price $1,471,000 $1,156 Per Sq Ft

11 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • 4-minute walk to Crown Point Dog Park
  • Crown Point Junior Music Academy Rated A-
  • 1-Story Property

About This Home

As of November 2024

Two freestanding homes in a prime location of PB, approximately 6 blocks to the water in all directions! Walk or bike to Crown Point, surf Pacific Beach, or enjoy the calm waters of Sail Bay. Steps away from boutiques, restaurants and everything the beach lifestyle has to offer. Each unit is equipped with 2 beds/1 bath & private fully fenced yards. Prime location ensures high demand and steady rental income, or live in one and rent the other. Don't miss this opportunity, schedule an appointment today!

Last Agent to Sell the Property

Emily Hill

SD County Realty, Inc License #01489798 Listed on: 09/18/2024

Last Buyer's Agent

Courtney Costello

The Oppenheim Group License #01965993

The Oppenheim Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 3,107 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 423-284-10-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $38,992

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Ingraham
  • Neighborhood: Pacific Beach
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1947
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 423-284-10-00
  • Estimated Lot Sq Ft: 3107
  • Estimated Number of Acres: 0.07
  • Map Code Column: A
  • Map Code Page: 1248
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 38992
  • Gross Rent Multiplier Actual: 39.0
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2024 11/01/24 Sold $1,471,000 -1.9% $1,156 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $1,500,000 -- $1,178 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Emily Hill

    Seller's Agent in 2024

    Emily Hill

    SD County Realty, Inc

    (619) 851-8021

    2 in this area

    23 Total Sales

    Emily Hill
    Section Image
  • Courtney Costello

    Buyer's Agent in 2024

    Courtney Costello

    The Oppenheim Group

    (760) 942-7479

    1 in this area

    25 Total Sales

    Courtney Costello
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240022143

San Diego MLS

APN: 423-284-10-00

California San Diego County San Diego 92109 Pacific Beach

1561 Reed Ave, San Diego, CA

Not Listed for Sale

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