NOT LISTED FOR SALE

1860 Reed Ave Unit 62 San Diego, CA 92109

Pacific Beach Neighborhood
3 Beds
2 Baths
1,110 Sq Ft
5,001 Sq Ft Lot

Last Sold July 18, 2014

Last sale price $755,000 $680 Per Sq Ft

5 Days on Market

Highlights

  • Laundry Facilities
  • Property is Fully Fenced
  • 1-Story Property
  • Crown Point Junior Music Academy Rated A-
  • Level Lot

About This Home

As of July 2014

Opportunity knocks... four blocks from the bay, charm abounds from these two detached units which have been remodeled and upgraded with hardwood floors, beautiful kitchens & baths and offer a solid rental history. Plus, private yard/patio areas, a shared two car garage with alley access and laundry hookups. A true jem ideal for a discerning investor or an owner occupant as pride of ownership is evident. Please do not disturb tenants.

Last Agent to Sell the Property

Kristin Slaughter

Berkshire Hathaway HomeServices California Properties License #01239669 Listed on: 06/12/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Deanne Motsenbocker

John Lemkau License #01724437

John Lemkau

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 5,001 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Parking

  • Alley Access

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 424-172-15

Community Details

Overview

  • 2 Buildings
  • 2 Units

Additional Features

  • Laundry Facilities
  • Net Operating Income $39,586

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Kendall
  • Neighborhood: Pacific Beach
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1936
  • Allow Comments Review: Yes
  • Internet Address Field: No Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: PACIFIC BEACH
  • Complex Features: Laundry Facilities

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 424-172-15
  • Land Use Code: MFD
  • Estimated Lot Sq Ft: 5001
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • 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
  • Actual Net Operating Income: 39586
  • Annual Expense Actual: 4814
  • Gross Rent Multiplier Actual: 17.09
  • Gross Sched Income Actual: 44400
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 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

Range of Values:

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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 Change Sq Ft Price
07/18/2014 07/18/14 Sold $755,000 -0.5% $680 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
06/12/2014 06/12/14 For Sale $759,000 0.0% $684 / Sq Ft
08/17/2013 08/17/13 Rented $2,100 0.0% --
08/17/2013 08/17/13 For Rent $2,100 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kristin Slaughter

    Seller's Agent in 2014

    Kristin Slaughter

    Berkshire Hathaway HomeServices California Properties

    (858) 395-1359

    8 in this area

    44 Total Sales

    Kristin Slaughter
    Section Image

  • D

    Buyer's Agent in 2014

    Deanne Motsenbocker

    John Lemkau

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 140031648

San Diego MLS

APN: 424-172-15-00

California San Diego County San Diego 92109 Pacific Beach

1860 Reed Ave Unit 62, San Diego, CA

This home is located at 1860 Reed Ave Unit 62, San Diego, CA 92109 since 12 June 2014. This property was built in 1936. 1860 Reed Ave Unit 62 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.

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