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For sale
  • $1,995,000

    1720 Reed Ave, San Diego, CA 92109

    4beds
    --sqft
    : 
    $12,512/mo
    Get pre-qualified
    Multi Family
    Built in 1945
    -- sqft lot
    $2,161,500 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Rare opportunity in highly desirable Pacific Beach! This unique property features two detached homes on a large, flat 6,242 sq. ft. lot, offering tremendous flexibility and future development potential. The front home features 3 bedrooms and 2 bathrooms, while the rear home offers 1 bedroom and 1 bathroom. Both charming beach homes retain original hardwood floors, adding character and coastal appeal. Even more exciting, the seller has approved plans for a 3rd unit above the rear home and garage, which will be conveyed with the sale. Whether you're looking to expand your investment, create additional rental income, or design a multi-generational living compound, this property offers an exceptional opportunity to add significant value. Located just 10 blocks from the ocean and close to beautiful Sail Bay, this is the quintessential Pacific Beach lifestyle. Walk to the beach, restaurants, coffee shops, Trader Joe's, Sprouts, and countless other amenities. Enjoy everything Pacific Beach has to offer, from coastal recreation and vibrant dining to convenient shopping and entertainment. A rare combination of two detached homes, a generous flat lot, approved plans for a 3rd unit, and an unbeatable beach-area location makes this an opportunity not to be missed!
    13 days
    |
    736
    |
    42
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Keith Roby DRE #01199790 619-602-9570,

    The Roby Company

    Source: SDMLS,MLS#: 260019489MLS LogoOriginating MLS: SDMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Wall/Gravity
      Cooling
      • Wall/Window
      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Features
      • Levels: 1 Story
      • Pool features: N/K
      • Spa features: N/K
      • Fencing: Partial
      • Has view: Yes
      • View description: N/K
      • Frontage type: N/K
      Details
      • Parcel number: 4241621800

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Stucco
      • Roof: Composition
      Condition
      • Year built: 1945

      Utilities & green energy

      • Water: Meter on Property
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Features: N/K
      • Security: N/K
      • Subdivision: PACIFIC BEACH
      HOA
      • Services included: N/K
      Location
      • Region: San Diego

      Financial & listing details

      • Tax assessed value: $1,957,928
      • Date on market: 8/21/2026
      • Listing terms: Cash,Conventional,FHA,VA
      • Tenant pays: Cable TV, Electricity, Gas/Propane, Hot Water, Water

        Estimated market value

        $2,161,500

        $1.92M - $2.44M

        $3,893/mo

        Price history

        DateEventPrice
        8/21/2026Listed for sale$1,995,000+5%
        Source: SDMLS #260019489 Report a problem
        4/21/2026Listing removed$1,900,000+2.7%
        Source: SDMLS #220014108 Report a problem
        3/14/2023Sold$1,850,000
        Source: SDMLS #230001620 Report a problem
        2/10/2023Pending sale$1,850,000
        Source: SDMLS #230001620 Report a problem
        1/25/2023Listed for sale$1,850,000-2.6%
        Source: SDMLS #230001620 Report a problem
        9/5/2022Listing removed--
        Source: SDMLS #220021728 Report a problem
        8/21/2022Listed for sale$1,900,000
        Source: SDMLS #220021728 Report a problem
        8/20/2022Listing removed--
        Source: SDMLS #220014108 Report a problem
        6/6/2022Listed for sale$1,900,000
        Source: SDMLS #220014108 Report a problem
        3/1/2021Listing removed--
        Source: Owner Report a problem
        6/12/2020Listing removed$2,000
        Source: Owner Report a problem
        6/3/2020Listed for rent$2,000
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,957,928 +2%
        2025$24,577 +6.2%$1,919,538 +2%
        2024$23,146 +271.8%$1,881,900 +272.4%
        2023$6,225 +2.7%$505,340 +2%
        2022$6,060 +0.7%$495,432 +2%
        2021$6,018 +1.2%$485,719 +1%
        2020$5,946 +2.4%$480,739 +2%
        2019$5,807 +6.3%$471,314 +2%
        2018$5,460 +2.4%$462,074 +2%
        2017$5,331 +1.6%$453,015 +2%
        2016$5,245 +1.5%$444,133 +1.5%
        2015$5,168 +1.6%$437,463 +2%
        2014$5,087 $428,895 +0.5%
        2013-- $426,958 +2%
        2012-- $418,587 +2%
        2011-- $410,380 +0.8%
        2010-- $407,314 -0.2%
        2009-- $408,283 +2%
        2008-- $400,278 +2%
        2007-- $392,430 +2%
        2006-- $384,736 +2%
        2005-- $377,193 +2%
        2004-- $369,798 +1.9%
        2003-- $363,021 +2%
        2002-- $355,904 +2%
        2001-- $348,926
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Pacific Beach

        Getting around

        87 / 100
        Very Walkable
        44 / 100
        Some Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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