Skip To Content

2125 Reed Avenue

San Diego, CA 92109
  • $8,600,000
  • STATUS: ACTIVE
  • ON SITE: 111 Days
  • ID#: 250021757
UPDATED: 55 min ago
$8,600,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Exceptional 20-unit apartment building in a prime Pacific Beach location at 2125 Reed Ave, featuring all 1-bedroom, 1-bathroom units. This well-maintained property offers tremendous upside in rental income with strong value-add potential. Conveniently located near the beach, Mission Bay, shopping, and dining. An ideal opportunity for investors seeking to capitalize on one of San Diego’s most desirable rental markets.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/161564625
Print Image

2125 Reed Avenue San Diego, CA 92109

  • Price: $8,600,000
  • Status: ACTIVE
  • On Site: 111 Days
  • Updated: 55 min ago
  • ID#: 250021757
1
Beds
1
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Pacific Beach (92109)
County:
San Diego
Area:
Pacific Beach (92109)
Property Description
Exceptional 20-unit apartment building in a prime Pacific Beach location at 2125 Reed Ave, featuring all 1-bedroom, 1-bathroom units. This well-maintained property offers tremendous upside in rental income with strong value-add potential. Conveniently located near the beach, Mission Bay, shopping, and dining. An ideal opportunity for investors seeking to capitalize on one of San Diego’s most desirable rental markets.
Interior Features

Sq Ft Of Improvement 10960 Unit Furnished1 No

Property Features

Actual Cap Rate 3.74 Actual Gross Scheduled Income 505188.0 Actual Operating Expense 174142 Assumable Finance 0 Buildings 1 Gross Equity 8600000 Gross Multiplier 16.82 Have Apts Mandatory Remarks None Known Market Area Coastal South Motive Want Sell Projected Cap Rate 5.03 Projected Gross Multiplier 13.65 Unit Number1 20 Unit Rent Total1 42099 Unit Rent1 $1995-$2220

San Diego MLS logo Listing provided courtesy of Jordan Concepcion of Apartment Realty Group (ARG): 858-461-9910. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_250021757-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_250021757-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_250021757-2.jpg
Logo
Mercer Group | Keller Williams La Jolla
4071 Adams Avenue
San Diego CA, 92116