1564 Reed Ave
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1564 Reed Ave

D

San Diego, CA 92109

$1,699,999

Soft Appraisal Value: $1,764,800 · 3.7% below estimate

Beds

3

Baths

2

Sqft

1,897

Year Built

1980

Days on Market

57

Property Type

Single Family

HOA/mo

N/A

MLS ID

260006393SD

This property is in San Diego (92109). View neighborhood stats →

About This Property

Highly desirable Beach House in the Braemar neighborhood of Pacific Beach.This 3-bedroom, 2 recently remodeled bathrooms, this home offers a generous 1,897 sq ft of living space. Thoughtfully designed floor plan features a spacious primary suite, a bright open-concept living/kitchen great room perfect for effortless coastal entertaining, and a rare main-level bedroom with full bath ideal for guests, a home office, or multi-gen living. Outdoor living shines with a private courtyard patio surrounded by mature landscaping and trees your peaceful escape for morning coffee, sunny lounging, or evening gatherings. Standout features include a 2-car attached garage, roof replaced in 2023, fresh exterior paint, and a private gated entry. Just minutes from the Pacific Beach sand, Mission Bay, the boardwalk, vibrant cafes, restaurants, and shops, this home puts the best of coastal living at your doorstep. Walk the beach at sunrise, bike the boardwalk, and enjoy ocean breezes and sunset dinners nearby. A rare single-family opportunity in one of Pacific Beach’s most coveted enclaves. Privately situated within the highly sought-after Braemar neighborhood of Pacific Beach, this spacious 3-bedroom, 2-bath coastal retreat offers approximately 1,897 sq ft of living space—an exceptional value for this prime beachside location. Set in a quiet, tucked-away setting, the home provides a rare sense of privacy and tranquility while still being just minutes from the vibrant coastal scene. Thoughtfully designed, the home features a bright open-concept living and kitchen great room, creating a seamless flow ideal for both everyday living and effortless entertaining. The generous primary suite serves as a peaceful retreat, complete with its own sitting area and ample closet space. A rare main-level bedroom and full bath offer flexibility for guests, a home office, or comfortable multi-generational living. Upstairs, additional flexible spaces provide room to work, relax, or create—enhancing the home’s versatility. Outdoor living is equally inviting, with a private courtyard patio and beautifully designed backyard oasis surrounded by mature trees and lush landscaping—perfect for morning coffee, weekend gatherings, or unwinding in a serene coastal setting. A side patio just off the kitchen adds convenient indoor-outdoor flow for casual dining and entertaining. Additional highlights include a rare 2-car attached garage—highly coveted in Pacific Beach—with room for vehicles, bikes, surfboards, and all your beach gear, along with a freshly painted exterior and newer roof. Located just minutes from Pacific Beach and Mission Bay, this home places you close to it all—morning walks along the sand, biking the boardwalk, and enjoying vibrant cafes, restaurants, and boutique shops—while still offering a quiet place to come home to. A rare opportunity to own a spacious, private home in one of San Diego’s most desirable coastal communities—where lifestyle, location, and value come together.

Mortgage Calculator

Est. Monthly Payment

$10,792

Principal & Interest$8,596
Property Tax$1,700
Insurance$496
%($340,000)
%

Location

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Investment Score

12D
Est. Monthly Rent
$6,856
Monthly Cashflow

Rent − PITIA

$-3,936
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,930

Mortgage (P+I)
$8,596
Cap Rate
1.18%
Cash-on-Cash
-24.46%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$15,856

NOI (Annual)
$19,997
Price-to-Rent

Lower = better for investors

20.7

* 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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