4-Unit Property with Rooftop
New
For Sale
$3,225,000
1141-47 Reed Ave, San Diego, CA 92109
Four residences offer private outdoor areas, in-unit laundry, and a mix of garage and surface parking.
Property Size3,968 SF
Price / SF$812.75
Days on Market4
Property Features for 1141-47 Reed Ave
General Information
Standard status
Active
Size
3,968 SF
Total Parking Spaces
10
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
ripe with upside potential via a full modernization
Units
Unit Mix
2 x 2BR/1BA, 1 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units
4
Additional Details
Utilities to Site
Yes
Amenities
in-unit laundry
private patio/balcony/yard
storage sheds
bike and board storage
rooftop deck
Building Details
Year Built
1979
Buildings
2
Listing Agency:
Palma Commercial
Listed By:
Joseph A Burrough jburrough@palmacommercial.com
Source:
Viewsandiegorealestate
Added: Oct 1
Changed: Oct 4
Last Checked: Oct 4 at 1:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Palma Commercial
Investment Insights
Based on property information with market context.
This four-unit property contains two 2-bedroom/1-bathroom residences, one 2-bedroom/2-bathroom residence, and one 3-bedroom/2-bathroom residence. The largest unit includes vaulted ceilings, skylights, a rooftop deck, a private balcony, a bonus room, and a primary suite with a jacuzzi tub. The 2-bedroom/2-bathroom residence has an updated kitchen and bathrooms; both units in the rear building have also received updates. Every residence has in-unit laundry and its own patio, balcony, or yard. The property includes a 2-car garage, eight surface spaces, two storage sheds, and outdoor bike and board storage. The rear building has a recently replaced roof.
The property is in Pacific Beach’s Crown Point area, 2.2 blocks from Sail Bay and 4.4 blocks from the beach. Buildings date to around 1979 and the 1950s or 1960s. Gas and electricity are separately metered for each unit, and city trash and recycling service is provided.
The property is in Pacific Beach’s Crown Point area, 2.2 blocks from Sail Bay and 4.4 blocks from the beach. Buildings date to around 1979 and the 1950s or 1960s. Gas and electricity are separately metered for each unit, and city trash and recycling service is provided.
Key Highlights
- Four residences: two 2‑bedroom/1‑bathroom, one 2‑bedroom/2‑bathroom, and one 3‑bedroom/2‑bathroom
- Ten off‑street parking spaces, including a 2‑car garage and eight surface spaces
- Largest residence features a rooftop deck, balcony, vaulted ceilings, skylights, and jacuzzi tub
Property Analytics
Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,104
Businesses Nearby
Explore this area
Business Placement
Demographics for 92109, CA
44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer private outdoor areas, in-unit laundry, and a mix of garage and surface parking.
Where is this quadplex located?
The property is located at 1141-47 Reed Ave San Diego, CA.
What is the asking price?
The asking price for this property is $3,225,000.
What are key features of this property?
This property features: Four residences: two 2‑bedroom/1‑bathroom, one 2‑bedroom/2‑bathroom, and one 3‑bedroom/2‑bathroom; Ten off‑street parking spaces, including a 2‑car garage and eight surface spaces; Largest residence features a rooftop deck, balcony, vaulted ceilings, skylights, and jacuzzi tub
