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!
For sale
$1,995,000
1720 Reed Ave, San Diego, CA 92109
4beds
--sqft
Multi Family
Built in 1945
-- sqft lot
$2,161,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 13 days |
- 736 |
- 42 |
Zillow last checked:
Listing updated:
Listed by:
Keith Roby DRE #01199790 619-602-9570,
The Roby Company
Source: SDMLS,MLS#: 260019489
Originating 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
Zestimate®
$2,161,500
Estimated sales range
$1.92M - $2.44M
Rent Zestimate®
$3,893/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $1,995,000+5% |
Source: | ||
| 4/21/2026 | Listing removed | $1,900,000+2.7% |
Source: | ||
| 3/14/2023 | Sold | $1,850,000 |
Source: | ||
| 2/10/2023 | Pending sale | $1,850,000 |
Source: | ||
| 1/25/2023 | Listed for sale | $1,850,000-2.6% |
Source: | ||
| 9/5/2022 | Listing removed | -- |
Source: | ||
| 8/21/2022 | Listed for sale | $1,900,000 |
Source: | ||
| 8/20/2022 | Listing removed | -- |
Source: | ||
| 6/6/2022 | Listed for sale | $1,900,000 |
Source: | ||
| 3/1/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/12/2020 | Listing removed | $2,000 |
Source: Owner Report a problem | ||
| 6/3/2020 | Listed for rent | $2,000 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.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: 0.5 mi
- 9/10Mission Bay High SchoolGrades: 9-12Distance: 0.8 mi
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