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2134 Reed Ave #361 / 41 · Click to zoom

About this home

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.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$975,000 · Feb 2021
📋 Assessed value$1,076,474
💵 Annual tax$13,771
🏫 School districtSan Diego City Unified School District

MLS #250028053SD

🔥 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

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$11,841
Principal & interest$9,557
Property tax$1,733
Home insurance$551
Down payment: $378,000Loan: $1,512,000

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