Premier 4-Unit Investment Opportunity with Bay Views in Pacific Beach! This investment at 2073–79 Reed Ave, is located on a prime corner lot just steps from Mission Bay and a few blocks from the ocean. Situated in a quiet, highly desirable pocket of Pacific Beach, this property offers strong in-place income and excellent long-term upside. Property features a strong unit mix: (1) 3BR/2BA and (3) 2BR/1BA units—each tastefully renovated with modern finishes and great tenant appeal. Four deep garages offer rare potential to add additional units. Major capital improvements include a new roof, updated electrical, foundation upgrades, and complete replacement of all visible cast iron plumbing— Ideal opportunity for investors, owner-users, or Airbnb buyers seeking a clean, high-performing coastal asset in one of San Diego’s most sought-after rental markets. Bay views from select units and unbeatable walkability.
For sale
$3,200,000
2073-79 Reed Ave, San Diego, CA 92109
9beds
3,210sqft
Est.:
Res Income 2-4 Units
Built in 1957
-- sqft lot
$3,088,100 Zestimate®
$997/sqft
$-- HOA
What's special
Corner lotBay views
- 20 days
- on Zillow |
- 620 |
- 55 |
Zillow last checked: 7 hours ago
Listing updated: May 27, 2025 at 08:42pm
Listed by:
Joey Belcastro DRE #02141573 513-600-7498,
Keller Williams Realty
Source: SDMLS,MLS#: 250028588

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Included: Tankless Water Heater, Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
- Laundry: Unit 1 Laundry Hookup, Unit 2 Laundry Hookup, Unit 3 Laundry Hookup, Unit 4 Laundry Hookup
Features
- Has fireplace: No
Interior area
- Total structure area: 3,210
- Total interior livable area: 3,210 sqft
Video & virtual tour
Property
Parking
- Parking features: Garage, Garage(Assigned)
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: # of Units w/Patios: 4
- Fencing: Partial
- Has view: Yes
- View description: Bay, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Size: 6,253 Square Feet
Details
- Parcel number: 4242611200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Res Income 2-4 Units
Materials
- Adobe, Stucco
- Roof: Composition
Condition
- Year built: 1957
Community & HOA
Community
- Subdivision: Pacific Beach
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $997/sqft
- Tax assessed value: $444,810
- Annual tax amount: $5,510
- Date on market: 5/27/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cal Vet,Cash,Conventional,1031 Exchange,FHA,VA Loan
- Total actual rent: 9395
- Tenant pays: Electricity, Gas/Propane
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