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, cafés, 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, and updated 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.
For sale
$2,025,000
1566 Reed Ave, San Diego, CA 92109
3beds
--sqft
Multi Family
Built in 1951
-- sqft lot
$2,003,100 Zestimate®
$--/sqft
$-- HOA
What's special
Newly constructed rear unitQuartz countertopsUpdated tiled bathroomsPrivate fenced yard spacesIn-unit laundryAir conditioning
- 3 days |
- 291 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Carson P Trujillo DRE #01974818 859-433-8741,
Whitewater CRE Inc
Source: SDMLS,MLS#: 260015665
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Wall/Window
Interior area
- Total structure area: 1,510
Property
Features
- Levels: 1 Story
- Fencing: Full
Details
- Parcel number: 4231931800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Stucco
- Roof: Composition
Condition
- Year built: 1951
Community & HOA
Community
- Features: Other/Remarks
- Security: Gated Community
- Subdivision: SAN DIEGO
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,339,515
- Annual tax amount: $17,320
- Date on market: 6/26/2026
- Listing terms: Cash,Conventional,Exchange
- Tenant pays: Electricity, Gas/Propane
Estimated market value
$2,003,100
$1.90M - $2.10M
$4,695/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $2,025,000-1.2% |
Source:  SDMLS #260015665 Report a problem | ||
| 6/24/2026 | Listing removed | $2,050,000 |
Source: SDMLS #260011230 Report a problem | ||
| 6/9/2026 | Price change | $2,050,000-2.4% |
Source: SDMLS #260011230 Report a problem | ||
| 5/9/2026 | Listed for sale | $2,100,000-2.3% |
Source: SDMLS #260011230 Report a problem | ||
| 5/6/2026 | Listing removed | $2,150,000 |
Source: SDMLS #260009478 Report a problem | ||
| 4/22/2026 | Listed for sale | $2,150,000+67% |
Source: SDMLS #260009478 Report a problem | ||
| 12/28/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/21/2023 | Price change | $3,200-8.6% |
Source: Zillow Rentals Report a problem | ||
| 11/14/2023 | Listed for rent | $3,500 |
Source: Zillow Rentals Report a problem | ||
| 11/9/2022 | Sold | $1,287,500-0.6% |
Source: Public Record Report a problem | ||
| 10/11/2022 | Pending sale | $1,295,000 |
Source:  CRMLS #NDP2210089 Report a problem | ||
| 10/4/2022 | Listed for sale | $1,295,000+41.5% |
Source: CRMLS #NDP2210089 Report a problem | ||
| 5/1/2018 | Sold | $915,000+14.4% |
Source: Public Record Report a problem | ||
| 4/3/2017 | Sold | $800,000+34.5% |
Source: Public Record Report a problem | ||
| 11/3/2011 | Sold | $595,000-4.8% |
Source: Public Record Report a problem | ||
| 8/20/2009 | Sold | $625,000-6.7% |
Source: Public Record Report a problem | ||
| 5/11/2008 | Listing removed | $670,000 |
Source: Postlets Report a problem | ||
| 12/28/2007 | Listed for sale | $670,000+4.7% |
Source: Postlets Report a problem | ||
| 7/6/2004 | Sold | $640,000+151% |
Source: Public Record Report a problem | ||
| 9/22/2000 | Sold | $255,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,320 +7.2% | $1,339,515 +2% |
| 2024 | $16,163 +2.3% | $1,313,250 +2% |
| 2023 | $15,807 +32.1% | $1,287,500 +31.2% |
| 2022 | $11,967 +0.7% | $981,063 +2% |
| 2021 | $11,885 +1.2% | $961,827 +1% |
| 2020 | $11,741 +2.1% | $951,966 +2% |
| 2019 | $11,498 +19.6% | $933,300 +14.4% |
| 2018 | $9,618 +30% | $815,999 +26.7% |
| 2017 | $7,400 +1.7% | $643,941 +2% |
| 2016 | $7,279 -0.7% | $631,315 +1.5% |
| 2015 | $7,334 +1.6% | $621,833 +2% |
| 2014 | $7,219 | $609,654 +0.5% |
| 2013 | -- | $606,900 +2% |
| 2012 | -- | $595,000 -5.5% |
| 2011 | -- | $629,706 +0.8% |
| 2010 | -- | $625,000 -9.8% |
| 2009 | -- | $692,754 +2% |
| 2008 | -- | $679,172 +2% |
| 2007 | -- | $665,856 +2% |
| 2006 | -- | $652,800 +133.2% |
| 2005 | -- | $279,982 +2% |
| 2004 | -- | $274,493 +1.9% |
| 2003 | -- | $269,463 +2% |
| 2002 | -- | $264,180 +3.6% |
| 2001 | -- | $255,000 |
Find assessor info on the county website
Monthly payment
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Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Pacific Beach
Nearby schools
GreatSchools rating
- 5/10Crown Point Jr Music AcademyGrades: K-5Distance: 0.2 mi
- 10/10Pacific Beach Middle SchoolGrades: 6-8Distance: 0.4 mi
- 9/10Mission Bay High SchoolGrades: 9-12Distance: 1 mi
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