2134 Reed Ave San Diego, CA 92109
Property Features for 2134 Reed Ave
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.07 Acres
Building Details
- Year built
- 1947
Source:
Elliman
Listing Agent: Conor Brennan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Renovated Triplex Near Pacific Beach
Located two blocks from the bay in the Pacific Beach neighborhood of San Diego, California, 2134 Reed Avenue is a renovated triplex with value-add potential. Major upgrades have been made to the complex in the last two years, including two completely renovated rear 1-bedroom / 1-bath units (approximately 500 SF) and a partially upgraded 2-bedroom cottage (approximately 824 SF). The fences were recently rebuilt. The units have 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. New roofs and a new front house foundation have been installed. All major systems have been updated. This is an ideal investment for the location-prioritized investor, owner/user, ADU builder, or investor seeking strong cash flow for the price. Pacific Beach presents a unique opportunity due to its prime coastal location, popular restaurants and stores, and vibrant community atmosphere. The area is known for its beautiful beaches, active lifestyle, and a strong tourism market, attracting both locals and visitors year-round. This consistent influx of people creates a robust demand for various investment properties, including multifamily, retail, restaurants, and hospitality, making it a lucrative environment for investment. Pacific Beach has seen significant development and revitalization efforts, enhancing its appeal and driving property values upward. The strong rental market in Pacific Beach provides investors with the potential for stable cash flow and long term appreciation.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.2298274
- Latitude
- 32.798426
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex with renovated units near the bay and beach.
Where is this triplex located?
The property is located at 2134 Reed Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: - Prime location in highly popular Pacific Beach, just two blocks from the bay and walkable to the beach and Garnet Avenue amenities.; - Recently renovated triplex with significant upgrades, including two fully rehabbed rear units with high-end finishes.; - Major systems updated, including two new roofs and new front house foundation.
