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San Diego, CA 92109,934 36 Reed Ave
San Diego, CA 92109,934 36 Reed Ave
San Diego, CA 92109,934 36 Reed Ave
$2,350,000
Est. payment /mo
$2,500,000
6.0%
Est.Price: ?

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SOLD DATE : 07/14/2023

Key Details

Sold Price $2,350,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 230009918SD

Year Built 1950

Property Description

Single family house plus duplex in very desirable Pacific Beach location. House is two bed/1 bath with private yard. Duplex is one bed/one bath above a studio unit. Enough parking on the property for all units. Great rental property, low maintenance, and no HOA. **In Addition** Development Plans for two single family homes with detached companion units on two separate lots! Project is already through full coastal APPROVAL and the architect indicates permits will be ready in 50 days or less. Each single family house is 2195sqft, 4 bed/3.5 bath plus 3rd story penthouse and rooftop deck. Each ADU is 795sqft, 2 bed/2 bath and both properties will have attached subterranean parking garages. Prime Pacific Beach location that is rarely available. Once these developments are complete they can bring in upwards of 28-30K monthly in rental income. Current property has tenants renting on a month-to-month basis. For additional property or development details please call the listing agent.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Interior

Heating Natural Gas, See Remarks

Cooling None, See Remarks

Exterior

Fence Partial

Pool None

View Y/N Yes

Roof Type Composition

Building

Story 2

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by Rob Linton • eXp Realty of California, Inc.
Bought with Chris Wen • Walton Realty Inc.
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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