Back to market with two new roofs and new front house foundation! All major systems updated and 2 rear units fully rehabbed to highest end finishes. 2134 Reed Avenue is a renovated triplex with value-add potential just two blocks to the bay in the highly popular Pacific Beach neighborhood of San Diego, California. Major upgrades have been made to the complex in the last two years including 2 completely renovated rear 1-bedroom / 1-bath units (approximately 500 SF) and a partially upgraded 2-bedroom cottage (approximately 824 SF). Fences were just completely rebuilt. Units have received upgraded power, individual washer /dryers and all new kitchens and baths in the rear units. Built in 1947 and restored in 2022, this triplex features prime walkability to the bay, beach, and popular Garnet Avenue shops, stores, restaurants and entertainment. This is an ideal investment for the location-prioritized investor, owner/user, ADU builder, or investor seeking strong cash flow for the price. Pacific Beach presents a unique opportunity due to its prime coastal location, popular restaurants and stores, and vibrant community atmosphere. The area is known for its beautiful beaches, active lifestyle, and a strong tourism market, attracting both locals and visitors year-round. This consistent influx of people creates a robust demand for various investment properties, including multifamily, retail, restaurants, and hospitality, making it a lucrative environment for investment. Additionally, Pacific Beach has seen significant development and revitalization efforts, enhancing its appeal and driving property values upward. Moreover, the strong rental market in Pacific Beach provides investors with the potential for stable cash flow and long term appreciation. The area’s demographics, characterized by a mix of young professionals, college students, families, and retirees, support a diverse range of commercial opportunities. With favorable zoning regulations and a supportive local government focused on sustainable development, investors can benefit from a proactive environment for growth. The combination of a thriving economy, desirable lifestyle, and limited available space makes Pacific Beach a compelling choice for anyone looking to invest in the area.
Property Details
Price:
$1,890,000
MLS #:
250028053SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Pacific Beach
Neighborhood:
92109pacificbeach
Listed Date:
Dec 4, 2025
Lot Size:
3,129 sqft / 0.07 acres (approx)
Year Built:
1947
See this Listing
Schools
Interior
Appliances
GWH
Cooling
WW
Heating
ELC
Exterior
Parking Spots
1
Roof
CMP
Security Features
GC
Financial
Map
Community
- Address2134 Reed Avenue San Diego CA
- SubdivisionPacific Beach
- CitySan Diego
- CountySan Diego
- Zip Code92109
Subdivisions in San Diego
- Bay Park
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casa Dorado 32501
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- CLM
- College Grove
- Crown Point
- Del Cerro
- Downtown
- Downtown Area DOWN
- DWTN
- East San Diego
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Jolla
- La Mesa
- Linda Vista
- Logan Heights
- LV
- Middletown
- Mira Mesa
- Mirador MIRD
- Mirasol MIR
- Mission Beach
- Mission Hills
- Mission Valley
- Mission Village
- Mount Helix
- Normal Heights
- North Park
- NP
- Ocean Beach
- Old Town
- Pacific Beach
- Paradise Hills
- Park Villas PKVL
- Park Vista PV
- Point Loma
- Poway
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- Scripps Ranch
- SD
- Serra Mesa
- Smoke Tree SMTR
- South Sd
- Stonebridge 3700
- Talmadge
- The Lakes LK
- Tierrasanta
- Torrey Highlands
- University City
- University Heights
- Villa Portofino 32283
- Woodcrest WT
Market Summary
Current real estate data for Single Family in San Diego as of Dec 11, 2025
1,286
Single Family Listed
99
Avg DOM
555
Avg $ / SqFt
$1,151,649
Avg List Price
Property Summary
- Located in the Pacific Beach subdivision, 2134 Reed Avenue San Diego CA is a Single Family for sale in San Diego, CA, 92109. It is listed for $1,890,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1947. The average price per square foot for Single Family listings in San Diego is $555. The average listing price for Single Family in San Diego is $1,151,649.
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2134 Reed Avenue
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