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2134 Reed Avenue San Diego, CA 92109

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For Sale
$1,890,000

Triplex with value-add potential near the bay.

Type:Multifamily
Property size:
1,824 SF
Added:
Oct 3, 2025
Days on Market:
181
Last Refresh:
Mar 16 at 3:48 pm

Property Features for 2134 Reed Avenue

General Information

Standard status
Active
Size
1,824 SF
Property subtype
Multifamily

Building Details

Year Built
1947

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Listing Contact
Conor Brennan

Listing agent Conor Brennan License #01918598

Listing office CBRE - San Diego

Listing date Oct 3, 2025

Source Crexi

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 CBRE - San Diego


Overview

Renovated Triplex Near Pacific Beach

Located in the Pacific Beach neighborhood of San Diego, California, 2134 Reed Avenue is a renovated triplex with value-add potential, situated two blocks from the bay. Constructed in 1947 and restored in 2022, the property includes two completely renovated rear 1-bedroom/1-bath units (approximately 500 SF each) and a partially upgraded 2-bedroom cottage (approximately 824 SF). The complex has undergone major upgrades in the last two years, including updated power, individual washer/dryers, and all-new kitchens and baths in the rear units. New roofs and a new front house foundation have been installed. The fences have also been completely rebuilt. This triplex offers prime walkability to the bay, beach, and the shops, stores, restaurants, and entertainment options on Garnet Avenue. It is suitable for investors, owner/users, ADU builders, or those seeking strong cash flow. The property has a total size of 1824 square feet.
Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
San Diego
County
San Diego
State
California
Longitude
-117.2298274
Latitude
32.798426

FAQs

What type of property is this?
Triplex - Triplex with value-add potential near the bay.
Where is this triplex located?
The property is located at 2134 Reed Avenue 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: Two blocks from the bay in the highly desirable Pacific Beach neighborhood, with excellent walkability to the bay, beach, and Garnet Avenue amenities.; Recent major renovations: Includes **two new roofs, new front house foundation, and fully rehabbed rear units with high‑end finishes.**; Updated systems and amenities: Upgraded power, individual washer/dryers, and all‑new kitchens and baths in the rear units.
More about this property
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