2073 79 Reed AVE, San Diego, CA 92109 – NDP2408423 - Paul Ward

$2,250,000

Est. payment -/mo

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6,250 Sqft Lot

SOLD DATE : 10/28/2024

Key Details

Sold Price $2,250,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NDP2408423

Year Built 1957

Lot Size 6,250 Sqft

Property Description

Pacific Beach gem! Awesome cash flow opportunity awaits. First time on market in over 40 years! This large 4 unit property close to the bay is situated on a rare corner lot with 4 garages! Excellent unit mix with 1 three bedroom unit above the garages that features a balcony with views, and 3 two bedroom units on the ground level, each with outdoor yard space. This would make an excellent long term, mid-term, or short term rental property. As of this listing, San Diego still has over 600 Tier 3 Short-Term Residential Occupancy (STRO) permits available! Laundry room with coin-operated machines provides additional revenue opportunity.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Zoning RM-1-1

Interior

Flooring Wood

Laundry Common Area

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking, Preserve/Public Land, Storm Drain(s), Street Lights, Suburban, Sidewalks, Urban, Water Sports, Park

Utilities Available Electricity Connected, Overhead Utilities

View Y/N No

Building

Lot Description Corner Lot, Front Yard, Lawn, Landscaped, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Walkstreet, Yard

Story 2

Sewer Public Sewer

New Construction No

Others

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(k), FHA, Fannie Mae, Freddie Mac, Submit, VA Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(k), FHA, Fannie Mae, Freddie Mac, Submit, VA Loan

Special Listing Condition Trust

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Paul Ward

paul@homeandranchteam.com +1(805) 479-5004

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Trevor Smith • Engel & Volkers Carlsbad • trevor.smith@evrealestate.com
Bought with General NONMEMBER • NONMEMBER MRML

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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