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$1,999,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 1021 Reed
General
- Price: $1,999,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: PW26040879
- Updated: 2/25/2026
- Days on Market: 1 days
- Added to Site: 1 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace: Yes
- Fireplace(s): Primary Bedroom, Gas
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Outside
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Driveway, Garage (Single Door), Off-Street
Location
- County: San Diego
- Subdivision: Pacific Beach
- Driving Directions: reed and cass st
School Information
- School District: San Diego Unified
Community
- Community Features: Biking, Sidewalks
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,408
- Sq. Ft. Source: Assessor
- Year Built: 1955
- Year Built Source: Assessor
Lot Features
- Property View: Park/Greenbelt
- Lot Size (Acres): 0.1469
- Lot Size (Sq. Ft.): 6,400
- Lot Size Source: Estimated
- Lot Dimensions: 50 x 128
- Zoning: RS-1-7
- Lot Description: 0-1 Unit/Acre, Value In Land
Financial Considerations
- Price Per Sq. Ft.: $1,419.74
Disclosures and Reports
- Special Conditions: Standard, Trust
Listed by Coldwell Banker Platinum Prop., Ghazal Shahbazi
Get Pre-Approved Today
Schools
Schools serving 1021 Reed
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Crown Point Jr Music Academy 4033 Ingraham Street, San Diego, CA 92109 | K-5 | 0.6 mi |
Pacific Beach Middle School 4676 Ingraham Street, San Diego, CA 92109 | 6-8 | 0.7 mi |
Mission Bay High School 2475 Grand Avenue, San Diego, CA 92109 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1021 Reed
Date
Details
Price
Change
Source
2/24/2026
Listed
$1,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1021 Reed
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,715
17%
$412,035
4%
2023
$4,885
3%
$396,036
2%
2022
$4,756
1%
$388,272
2%
2021
$4,723
1%
$380,660
1%
2020
$4,666
2%
$376,758
2%
2019
$4,583
7%
$369,372
2%
2018
$4,286
2%
$362,130
2%
2017
$4,184
2%
$355,030
2%
2016
$4,117
2%
$348,069
2%
2015
$4,056
2%
$342,842
2%
2014
$3,993
—
$336,127
—
2013
$3,988
—
$334,609
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1021 Reed
1021 Reed, San Diego, CA 92109 (MLS# PW26040879) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1021 Reed is currently listed for $1,999,000 and was received on February 24, 2026. Want to learn more about 1021 Reed? Do you have questions about finding other Single Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.

