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1566 Reed Ave
Listing Notes
1566 Reed Ave presents the rare opportunity to acquire a charming 3-unit multifamily property in the highly desirable Crown Point neighborhood of Pacific Beach. Located just blocks from Mission Bay, beaches, Trader Joe's, restaurants, cafes, and nightlife, the property offers an exceptional coastal lifestyle with strong and consistent rental demand. The property consists of three private cottage-style 1-bedroom / 1-bathroom units, including a newly constructed rear unit and two newly updated front units featuring modern finishes and thoughtful design. Residents benefit from private fenced yard spaces, in-unit laundry, air conditioning, quartz countertops, stainless appliance package and tiled bathrooms. 1566 Reed Ave offers investors the opportunity to acquire a turnkey coastal asset in one of San Diego's most sought-after and supply-constrained beach communities, positioned for long-term appreciation and continued tenant demand.
Market Insights
$1391/sqft vs a nearby median of $1354/sqft.
- +2.7% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,510 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is well-anchored to the comp picture (+1.1%). Negotiate on terms, not headline price.
- Modern construction+$31k +1.5%
Property Read
The property is close to nearby price-per-square-foot levels, so the decision will likely come down to condition and layout.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 4 days
- Last price change
- No change recorded
- Listed
- May 9, 2026
- Photos
- 24 photos
- Property type
- multi family
- Status
- for sale