
1021 Reed
CSan Diego, CA 92109
Soft Appraisal Value: $2,247,600 · 2.3% above estimate
Beds
4
Baths
2
Sqft
1,408
Year Built
1955
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260017033SD
This property is in San Diego (92109). View neighborhood stats →
About This Property
Completely reimagined from the inside out, this stunning Pacific Beach home offers modern coastal living just two blocks from the Pacific Ocean and two blocks from Sail Bay. Situated on a rare approximately 6,400 sq. ft. lot with alley access, this move-in-ready home features a brand-new interior with 4 bedrooms and 2 beautifully remodeled bathrooms. Thoughtfully redesigned with a bright, open floor plan and high-quality finishes throughout, the home blends contemporary style with effortless functionality. The spacious backyard provides plenty of room for entertaining, relaxing, or future expansion. Solar panels add energy efficiency, while the detached two-car garage offers additional flexibility. An exceptional opportunity for both homeowners and investors, the property includes plans for three ADUs, creating the potential to maximize rental income or establish a multi-unit investment in one of San Diego's most desirable coastal neighborhoods. Located directly across from the Pacific Beach Library and just minutes from the beach, Sail Bay, restaurants, cafés, and shopping, this rare property combines turnkey living with outstanding long-term investment potential in the heart of Pacific Beach. Currently leased through July 2027 for $8250/month.
Mortgage Calculator
Est. Monthly Payment
$14,601
Location
Loading map...
Comparable Properties
5 comps foundThis Property
$6,870
Comp Average
$6,445
1051 Beryl
3bd / 3ba · 1,600 sqft · Townhouse
$1.60M
Est. $6,508/mo
1323 Felspar St
3bd / 2.5ba · 2,025 sqft · Condo
$1.82M
Est. $7,563/mo
4266 Morrell
3bd / 2ba · 1,360 sqft · Single Family
$1.76M
Est. $6,157/mo
976 Sapphire Street
3bd / 3.5ba · 1,300 sqft · Townhouse
$1.79M
Est. $5,998/mo
972 Sapphire Street
3bd / 3.5ba · 1,300 sqft · Townhouse
$1.79M
Est. $5,998/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
Get Expert AnalysisOpen Full Calculator