2125 Reed Avenue, San Diego

$9,200,000

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0 Bed
0 Bath
.3 Acre
0 Garage

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.

Essential Information

MLS® #
240003693SD
Price
$9,200,000
Bathrooms
0.00
Acres
0.30
Type
Commercial Sale
Sub-Type
Mixed Use
Status
Active

Community Information

Address
2125 Reed Avenue
Area
92109 - Pacific Beach
City
San Diego
County
San Diego
Zip Code
92109
Senior Community
N

Amenities

Parking Spaces
11

Additional Information

Date Listed
February 20th, 2024
Days on Market
76

Listing Details

Agent
Jordan Concepcion
Office
Keller Williams Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of May 6th, 2024 at 1:35am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.