NOT LISTED FOR SALE
7 Beds
4 Baths
3,500 Sq Ft
6,625 Sq Ft Lot

Last Sold January 08, 2024

Last sale price $2,000,000 $571 Per Sq Ft

13 Days on Market

About This Home

As of January 2024

Two detached homes on one large level lot in the heart of Pacific Beach. 1721 Reed (the front house) offers 4BR/2BA, hardwood floors, laundry room, two car garage plus one parking space and a private backyard. 1723 Reed, built in 2008, offers 3BR/2BA, vaulted ceilings, oversized rooms, ample storage, laundry room, rooftop deck with panoramic bay, ocean and City views plus a one car garage and one additional parking space. Ideal opportunity for investment or to live in one and rent the other!

Last Agent to Sell the Property

Kristin Slaughter

Berkshire Hathaway HomeServices California Properties License #01239669 Listed on: 11/27/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kristin Slaughter

Berkshire Hathaway HomeServices California Properties License #01239669 Listed on: 11/27/2023

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 6,625 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Community Details

  • 2 Buildings
  • 2 Units
  • 1721 23 Reed Community

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 424-231-08-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Jewell St
  • Neighborhood: Pacific Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.91
  • Total Stories: 2
  • Year Built: 1995
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Complex Name: 1721-23 Reed
  • Community: PACIFIC BEACH
  • Manager Name: KTB

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 424-231-08-00
  • Estimated Lot Sq Ft: 6625
  • Estimated Number of Acres: 0.15
  • Map Code Column: A
  • Map Code Page: 1248
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 24.3
  • Gross Rent Multiplier Projected: 21.0
  • Gross Sched Income Actual: 90600
  • Gross Sched Income Projected: 104400
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

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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 Change Sq Ft Price
01/08/2024 01/08/24 Sold $2,000,000 -9.1% $571 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $2,200,000 -- $629 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230022989

San Diego MLS