$9,200,000
Units: 20
68 Days On Market

Courtesy of Keller Williams Realty.

Property Type: Com-res Income
Status: Active
Neighborhood: Ca
Days On Website: 68

Property Details for 2125 Reed Avenue, San Diego, CA 92109

Reed Ave is a 20 unit property comprised of all 1bd/1bt units, located just minutes from the ocean and includes an on site laundry facility. 13 of the 20 units have been remodeled with vinyl flooring, new cabinets and paint along with replacing bathtubs and fixtures as needed. Though currently in good condition, there is upside to increase rents. This amazing cash flow property is nestled between La Jolla and Mission Bay, and Mission Beach with excellent value add opportunities. This wonderful area along the San Diego coastline extends approximately 3 miles along the Pacific Ocean and stretches east to Interstate 5.

Bedrooms

  • 1 bedroom

Building

  • 1962 years old
  • 2 stories

Expenses

  • Operating expense: $184,199

Listing

  • Source: SDMLS
  • For Sale
  • Listing date: 2024-02-20

Location

  • County: San Diego

Lot

  • Approximately 13,015 lot square feet

Parking

  • 11 total parking spaces

Unit One

  • Individual rent: $1798-$2100
  • Total rent: $38,980
  • 1 bathroom
  • 20 units of this type
  • 1 bedroom

Map View


$9,200,000 - 2125 Reed Avenue, San Diego, CA 92109

Street View


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2125 Reed Avenue
San Diego, CA 92109
County: San Diego