1330 Reed

1330 Reed #2

D

San Diego, CA 92109

$1,089,000
NEW — 1d on market

Beds

3

Baths

2.5

Sqft

1,430

Year Built

1986

Days on Market

1

Property Type

Condo

HOA/mo

$400

MLS ID

PTP2602005

Description

Coastal Living in the Heart of Pacific Beach! Welcome to your perfect beachside retreat. This beautifully maintained condominium offers the ideal blend of comfort, style, and location—just 6 blocks from Mission Bay and 7 blocks from the Pacific Ocean. Step inside to a bright and inviting living space featuring an open layout that connects the living room, dining area, and kitchen. The kitchen includes stainless steel appliances, ample cabinetry, and a breakfast bar with seating—perfect for casual meals or entertaining guests. Natural light fills the home, creating a warm and welcoming atmosphere throughout. The spacious bedrooms offer comfortable retreats with clean finishes and thoughtful design. The primary suite provides a relaxing space to unwind, while additional 2 bedrooms offer flexibility for guests, a home office, or additional living space. Enjoy the ultimate walkable coastal lifestyle. From this prime location you can easily walk or bike to Pacific Beach’s best restaurants, bars, craft breweries, parks, and shops. Spend your mornings at Mission Bay, afternoons at the beach, and evenings enjoying the vibrant PB dining and nightlife scene. Property offers a 1-car garage + 1 driveway parking space, In-unit laundry, Bright, airy interiors with modern coastal touches. Whether you're looking for a primary residence, vacation home, or investment property, this condo offers an incredible opportunity to enjoy San Diego beach living in one of the city's most desirable coastal communities.

Mortgage Calculator

Est. Monthly Payment

$7,313

Principal & Interest$5,507
Property Tax$1,089
Insurance$318
HOA$400
%($217,800)
%

Investment Score

6D
Est. Monthly Rent
$5,695
Monthly Cashflow

Rent − PITIA

$-1,619
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,836

Mortgage (P+I)
$5,507
Cap Rate
1.84%
Cash-on-Cash
-21.13%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$10,677

NOI (Annual)
$20,048
Price-to-Rent

Lower = better for investors

15.9

* 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.

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