$2,350,000
$2,500,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
934 36 Reed Ave San Diego, CA 92109
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
Sold Date 07/14/23
HOA Y/N No
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
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
Pool None
View Y/N Yes
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4231231900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Chris Wen • Walton Realty Inc.