We are pleased to present 2134 Reed Avenue, a renovated triplex 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). Roofs and 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.More details
Classic Mid-Century triplex across from Mission Bay & a 5 minute stroll to Crown Point Park and its sandy beaches! Additionally there is a newly remodeled non-conforming studio of apx. 280 sq ft, plus 3 single car garages & 3 off street parking spaces. Massive windows showcase views of the bay, with three of the 4 units recently updated, including new kitchens and baths. Additional updates include: total re-stucco & repainting, resurfaced driveways & patios & upgraded electrical. There is substantial upside potential for additional units/expansion with garage conversions. Note: 2 units have individual washer/dryers. Mix of units: 2, 1br/1ba apx. 625 sq ft with fireplaces, 1, 2 br/2ba apx. 1100 sq ft, 1 non conforming studio unit apx. 280 sq ft. Owner occupies both a 1 bedroom plus the studio unit and both can be shown with appointment.More details
Great opportunity to buy a stabilized asset with 3 units remodeled. New owner can convert the garages to 2 additional 450SF studio ADU's or one big 2 bed 1 bath ADU by right increasing income. With 30 foot height limit in coastal pacific beach the rental market remains strong. Blocks away from Better Buzz, Trader Joes, Jersey Mikes, Vons and close enough to bay and ocean but far enough to avoiding parking issues closer to the water. Also has 4 uncovered parking spots and 4 covered spots.Signed leases starting August 1 2025 for $15,000/month. New owner can Airbnb (back units 2 bed 1.5 baths) all summer(until July 31 2025) to maximize returns. Text listing agent to walk the property.More details
Rare Turnkey Crown Point compound just steps from Sail Bay, delivering projected 10%+ ROI across two separate, fully furnished units in a premier coastal location.Spanning over 2,600 sq ft across two APNs, this high-performing asset includes a 5-bed, 3.5-bath front home designed for short-term rental success—featuring three en-suites, two flex spaces, multiple patios, and a rooftop deck with sweeping views. The open-concept kitchen showcases butcherblock countertops, a farm sink, and stainless steel appliances. The second unit, now approved with a STRO license, sits above a 3-car garage and has been fully remodeled into a modern 2-bed, 1-bath condo with private laundry, a large island kitchen, new appliances, and LVP flooring. Ideal for either long-term or short-term stays, this space offers immediate functionality and flexibility. Outdoor areas are thoughtfully curated for guest appeal, with ample off-street parking, partial bay views, and proximity to major attractions like SeaWorld, Belmont Park, and Paradise Point. Whether you’re seeking strong returns or a versatile owner-user setup, opportunities like this rarely come to market.More details
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