Properties

San Diego, CA 92109 2136 Reed St

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Presented By: Conor Brennan with Marcus & Millichap;
  • MLS# 250043829SD
  • 11/11/2025
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  • Baths • 1

Home Details

Substantial Price Reduction! 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. 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. Additionally, Pacific Beach has seen significant development and revitalization efforts, enhancing its appeal and driving property values upward. Moreover, the strong rental market in Pacific Beach provides investors with the potential for stable cash flow and long term appreciation. The areaโ€™s demographics, characterized by a mix of young professionals, college students, families, and retirees, support a diverse range of commercial opportunities. With favorable zoning regulations and a supportive local government focused on sustainable development, investors can benefit from a proactive environment for growth. The combination of a thriving economy, desirable lifestyle, and limited available space makes Pacific Beach a compelling choice for anyone looking to invest in the area.
Presented By: Conor Brennan with Marcus & Millichap;

Interior Features for 2136 Reed St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 2136 Reed St

AppliancesGasWaterHeater
Cap Rate3.46
CitySan Diego
Community FeaturesGated
CoolingWallWindowUnits
CountySan Diego
DirectionsCrossStreet: red and noyes
HOA Fee$
HeatingElectric
LevelsTwo
Listing TermsConventional
Lot Size Square Feet3129
Lot Size UnitsSquareFeet
MLS Area92109 - Pacific Beach
Net Operating Income62832
Number Of Units Total3
PostalCitySAN DIEGO
Property TypeResidentialIncome
RoofComposition
Security FeaturesGatedCommunity
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count2
Subdivision NamePacific Beach
Tenant PaysElectricity, Gas
ViewBay
Year Built1947

Exterior for 2136 Reed St

Lot Size Acres0.0718
Lot Size Area3129
Lot Size SourceAssessor
Number of Buildings2
Park Namecomplex
SpaNo
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,850,000
MLS#250043829SD
List Date 11/11/2025
Property Type Single Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
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