1150 Reed Ave | San Diego, CA 92109
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- LoopNet Team
1150 Reed Ave
San Diego, CA 92109
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Phenomenal Pacific Beach Location - Good Elevation - 4.5 Blocks to the Beach!
- Value Add Property in Ideal Coastal Location, to be sold in As Is Condition - Ripe with Upside Potential
- Several Operating Options: From Long Term Rentals to Short Term Rentals
- 3 Blocks from Sail Bay! Walk to the Best Local Eateries, Bars, Dance Clubs, and a Vast Array of Recreation Options
- Full Lot with Ability to Subdivide into Two, For Example to build Two Adjacent (3-Story) Row Homes
- Develop into Modern Multi-Unit Property with Much More Building Area, or Modernize Existing Units in the Near-Term
Property Facts
| No. Units | 4 | Building Size | 1,850 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1947 |
| Building Class | C | Parking Ratio | 2.16/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | RM-1-1. - Lower density residential. 1DU/3,000 SF of Lot Area by right. | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 1,850 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1947 |
| Parking Ratio | 2.16/1,000 SF |
| Zoning | RM-1-1. - Lower density residential. 1DU/3,000 SF of Lot Area by right. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,188 | 525 |
Property Taxes
| Parcel Number | 423-152-15 | Improvements Assessment | $149,218 |
| Land Assessment | $891,127 | Total Assessment | $1,040,345 |
Property Taxes
Parcel Number
423-152-15
Land Assessment
$891,127
Improvements Assessment
$149,218
Total Assessment
$1,040,345
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