1021 Reed San Diego
D, CA 92109
Beds
3
Baths
2
Sqft
1,408
Year Built
1955
Days on Market
6
Property Type
Single Family
HOA/mo
N/A
MLS ID
PW26040879
Description
Investors, builders, and visionary buyers rare opportunity on a 50’ x 128’ lot in the heart of Pacific Beach.Located just two blocks from the Pacific Ocean and two blocks from Sail Bay, this house sits on an approximately 6,400 sqft lot with streets on two sides in one of Pacific Beach’s most desirable neighborhoods. Opportunities with this lot width and positioning are increasingly hard to find.The existing 3-bedroom, 2-bath home offers approximately 1,400 sq ft of living space and is ready for renovation, presenting clear value-add potential. Whether you’re looking to remodel into your own coastal retreat, take on a fix-and-flip project, hold as a long-term rental, or explore redevelopment possibilities, this property provides flexibility and upside.This original Pacific Beach home retains charming details including hardwood floors and a fireplace in the rear bedroom, which features a slider opening to the spacious backyard. The generous yard offers ample space to entertain, expand, or design your ideal outdoor setting. Solar panels are already installed on the roof, adding energy efficiency and long-term savings.Additional highlights include a detached two-car garage with alley access and a prime location directly across from the Pacific Beach Library. Enjoy easy access to the beach, bay, local restaurants, shops, and the vibrant PB lifestyle.With its location, lot size, and potential, 1021 Reed Avenue represents a rare chance to create something special in one of San Diego’s most sought-after coastal communities.
Mortgage Calculator
Est. Monthly Payment
$12,690
Comparable Properties
5 comps foundThis Property
$6,352
Comp Average
$3,904
4733 Ingraham St. San Diego
2bd / 1.5ba · 1,300 sqft · Single Family
$1.32M
Est. $4,717/mo
3843 Riviera Dr San Diego
3bd / 2.5ba · 1,735 sqft · Townhouse
$1.40M
Est. $5,378/mo
881 Thomas Ave San Diego
3bd / 2ba · 1,362 sqft · Condo
$1.25M
Est. $2,530/mo
928 Agate Street San Diego
2bd / 2.5ba · 1,280 sqft · Townhouse
$1.30M
Est. $3,317/mo
729 Capistrano Pl San Diego
2bd / 2ba · 858 sqft · Condo
$1.35M
Est. $3,580/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Market Rent Estimate
Rent − PITI − HOA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors