$1,850,000
$40K PRICE DROP

2134 Reed Ave San Diego, CA 92109

Pacific Beach Neighborhood

Estimated payment $11,707/month

Total Views 9,524
4 Beds
3 Baths
1,824 Sq Ft
$1,014 Price per Sq Ft

Highlights

  • Popular Property
  • Bay View
  • Wood Siding
  • Crown Point Junior Music Academy Rated A-
  • Property is Fully Fenced
  • Gravity Heating System

About This Home

2 Price Reductions! Upleg Found. Bring all offers. We are pleased to present 2134 Reed Avenue, a renovated triplex just two blocks to the bay in the highly popular Pacific Beach neighborhood of San Diego, California. Major upgrades have been made to the complex in the last two years including 2 completely renovated rear 1-bedroom / 1-bath units (approximately 500 SF) and a partially upgraded 2-bedroom cottage (approximately 824 SF). Roofs and fences were just completely rebuilt. Units have received upgraded power, individual washer /dryers and all new kitchens and baths in the rear units. Built in 1947 and restored in 2022, this triplex features prime walkability to the bay, beach, and popular Garnet Avenue shops, stores, restaurants and entertainment. This is an ideal investment for the location-prioritized investor, owner/user, ADU builder, or investor seeking strong cash flow for the price.

Listing Agent

Conor Brennan

Marcus & Millichap License #01918598 Listed on: 08/18/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • Property is Fully Fenced

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Bay Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Complex Community
  • Crown Point Subdivision

Building Details

  • Operating Expense $37,670

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Unit Levels: 2 Story
  • Property Sub Type: Res Income 2-4 Units
  • CapRate: 3.46
  • Co List Office Mls Id: 62951
  • Subdivision Name: CROWN POINT
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Stories: 2

Exterior Features

  • Fencing: Full
  • Roof: Composition
  • View: Bay
  • Construction Type: Wood

Utilities

  • Cooling: Wall/Window
  • Heating: Wall/Gravity
  • Utilities: Sewer Available
  • Water Source: Meter on Property

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 3
  • Annual Operating Expense: 37670.0

Map

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
08/26/2025 08/26/25 Price Changed $1,850,000 -2.1% $1,014 / Sq Ft
08/18/2025 08/18/25 For Sale $1,890,000 +152.0% $1,036 / Sq Ft
07/01/2014 07/01/14 Sold $750,000 0.0% $411 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $750,000 -- $411 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250036594

San Diego MLS

APN: 424-202-19-00

California San Diego County San Diego 92109 Pacific Beach

2134 Reed Ave, San Diego, CA

This home is located at 2134 Reed Ave, San Diego, CA 92109 and is currently priced at $1,850,000, approximately $1,014 per square foot. This property was built in 1947. 2134 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
Conor Brennan
Listing Agent
Conor Brennan
Section Image
Marcus & Millichap
(858) 373-3213