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$2,900,000
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Property Description
For sale 1517 Reed Avenue, a 7-unit residential community perfectly situated on the northern edge of the Crown Point neighborhood of Pacific Beach. Well maintained, 1517 Reed offers a new investor significant immediate rental upside. Built on a 6,251 SF lot, the property features an ideal unit mix of spacious floor plans, including a two-bedroom, two-bath, (3) two-bedroom, one & half bath townhomes, (2) one-bedrooms, and a studio. The property also offers 2 garages, 5 open spaces (4 with tandem potential), and a laundry facility for the tenant's convenience. The garages provide future ADU potential.
Full Property Details
Full Property Details for 1517 Reed
General
- Sold For: $2,900,000
- Status: Closed
- Type: Multi-Family
- Source: SANDICOR
- MLS ID: 250025139
- Added to Site: 270 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
Bedrooms
- Total Bedrooms: 5
Parking
- Total Spaces: 7
- Parking Features: Garages, Spaces
Location
- Area: San Diego (92109)
- County: San Diego
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Stories/Levels: 2
- Square Feet: 5,125
- Sq. Ft. Source: Buyer to Verify
- Living Area: 5,125 Sq. Ft.
Unit Information
- Units in Building: 7
Lot Features
- Lot Size (Sq. Ft.): 6,251
Financial Considerations
- Operating Expenses: $69,250
Disclosures and Reports
- Property ID: 4232840300
Listed by Cbre (858) 546-4600, Philip J Buckley
Sold by Berkshire Hathaway HomeServices California Properties (760) 822-9861, Kristin K Slaughter
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Schools
Schools serving 1517 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 | 0.2 mi |
Pacific Beach Middle School 4676 Ingraham Street, San Diego, CA 92109 | 6-8 | 0.4 mi |
Mission Bay High School 2475 Grand Avenue, San Diego, CA 92109 | 9-12 | 1.1 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 1517 Reed
Date
Details
Price
Change
Source
7/24/2025
Sold
$2,900,000
-3.33%
MLS
4/22/2025
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1517 Reed, San Diego, CA 92109 (MLS# 250025139) is a Multi-Family property that was sold at $2,900,000 on July 24, 2025. Want to learn more about 1517 Reed? Do you have questions about finding other Multi-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.

