1517 Reed Ave | San Diego, CA 92109
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- LoopNet Team
1517 Reed Ave
San Diego, CA 92109
Build-to-Rent Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- Premier Crown Point neighborhood location in Pacific Beach with significant rental upside
- Walking distance to Sail Bay, the boardwalk, world class restaurants, trendy shopping, cafes, schools, parks, and entertainment
- Private laundry facility, offstreet parking including garages with ADU potential
- Ideal unit mix of spacious floor plans including 2+2, 2+1.5 townhomes, 1’s and a studio
- Extremely competitive housing market ideal for multifamily investment
- Convenient access to Interstate 5 and 8
PROPERTY FACTS
| No. Units | 7 | Property Size | 6,251 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Costar Property Class | C | Parking Allocation | 1.12/1,000 sq ft |
| Total Plot Size | 0.14 ac | ||
| Use Class | R3 - Multi-Family 10 units or less | ||
| No. Units | 7 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.14 ac |
| Property Size | 6,251 sq ft |
| Average Occupancy | 100% |
| No. Floors | 2 |
| Year Built | 1965 |
| Parking Allocation | 1.12/1,000 sq ft |
| Use Class | R3 - Multi-Family 10 units or less |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+2 | 1 | £3,295 | 925 |
| 2+1.5 | 3 | £3,195 | 850 |
| 1+1 | 2 | £2,695 | 600 |
| Studios | 1 | £2,095 | 450 |
PROPERTY TAXES
| Parcel Number | 423-284-03 | Improvements Assessment | £150,340 |
| Land Assessment | £51,301 | Total Assessment | £201,641 |
PROPERTY TAXES
Parcel Number
423-284-03
Land Assessment
£51,301
Improvements Assessment
£150,340
Total Assessment
£201,641
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