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1566 Reed Ave1 / 15 · Click to zoom

About this home

1566 Reed Ave presents a rare opportunity to acquire a charming three-unit cottage-style property in the highly sought-after Pacific Beach / Crown Point neighborhood of San Diego. The property is comprised of three one-bedroom, one-bathroom units, each offering its own private yard and a unique residential feel that stands out from typical multifamily product in the area. The property features a strong mix of improvements, including two units with renovated kitchens and baths, as well as a newly constructed unit completed in 2024. All units are equipped with in-unit LG Washtower laundry, stainless steel appliances, and air conditioning, with the new unit featuring a split-system HVAC and the others outfitted with window AC units. Interior finishes include quartz countertops and tiled showers throughout. With its desirable coastal location, private outdoor spaces, and attractive unit upgrades, 1566 Reed Ave offers investors a compelling blend of lifestyle appeal and long-term rental demand.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$1,287,500 · Oct 2022
📋 Assessed value$1,366,305
💵 Annual tax$17,320
🏫 School districtSan Diego City Unified School District

MLS #260009478SD

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$12,843
Principal & interest$10,366
Property tax$1,879
Home insurance$598
Down payment: $410,000Loan: $1,640,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.