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Sold for $2,075,000
  • Listing Provided by: 

    Ghazal Shahbazi DRE #01487611 714-418-6876,

    Coldwell Banker Platinum Prop.

    Bought with: Backyard Brokerage Inc.
    $2,075,000

    1021 Reed Ave, San Diego, CA 92109

    3beds
    1,408sqft
    Single Family Residence
    Built in 1955
    6,400 Square Feet Lot
    $2,075,300 Zestimate®
    $1,474/sqft
    $7,093 Estimated rent

    Home value

    $2,075,300

    $1.93M - $2.24M

    $7,093/mo

    Zestimate® history
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    $7,093/mo

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    $12,969/mo

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    $12,969/mo

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    What's special

    Investors, builders, and visionary buyers rare opportunity on a 50’ x 128’ lot in the heart of Pacific Beach. Located just two blocks from the Pacific Ocean and two blocks from Sail Bay, this house sits on an approximately 6,400 sqft lot with streets on two sides in one of Pacific Beach’s most desirable neighborhoods. Opportunities with this lot width and positioning are increasingly hard to find. The existing 3-bedroom, 2-bath home offers approximately 1,400 sq ft of living space and is ready for renovation, presenting clear value-add potential. Whether you’re looking to remodel into your own coastal retreat, take on a fix-and-flip project, hold as a long-term rental, or explore redevelopment possibilities, this property provides flexibility and upside. This original Pacific Beach home retains charming details including hardwood floors and a fireplace in the rear bedroom, which features a slider opening to the spacious backyard. The generous yard offers ample space to entertain, expand, or design your ideal outdoor setting. Solar panels are already installed on the roof, adding energy efficiency and long-term savings. Additional highlights include a detached two-car garage with alley access and a prime location directly across from the Pacific Beach Library. Enjoy easy access to the beach, bay, local restaurants, shops, and the vibrant PB lifestyle. With its location, lot size, and potential, 1021 Reed Avenue represents a rare chance to create something special in one of San Diego’s most sought-after coastal communities.

    Zillow last checked: 7 hours ago

    Listing updated: March 26, 2026 at 10:59pm

    Listing Provided by:

    Ghazal Shahbazi DRE #01487611 714-418-6876,

    Coldwell Banker Platinum Prop.

    Bought with:

    Christopher Luna, DRE #02082702

    Backyard Brokerage Inc.

    Source: CRMLS,MLS#: PW26040879MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Bedroom
    • Features: All Bedrooms Down
    Cooling
    • None
    Appliances
    • Laundry: Outside
    Features
    • All Bedrooms Down
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Gas, Primary Bedroom
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,408 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Door-Single, Driveway, Garage, Off Street
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Deck, Patio
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Park/Greenbelt
    • Waterfront features: Beach Access, Ocean Access, Ocean Side Of Freeway
    Lot
    • Size: 6,400 sqft
    • Dimensions: 50 x 128
    • Features: 0-1 Unit/Acre, Value In Land
    Details
    • Parcel number: 4232540300
    • Zoning: RS-1-7
    • Special conditions: Standard,Trust

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking, Sidewalks
    Location
    • Region: San Diego
    • Subdivision: Pacific Beach

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,1031 Exchange

    Price history

    DateEventPrice
    3/26/2026Sold$2,075,000+3.8%$1,474/sqft
    Source: CRMLS #PW26040879 Report a problem
    3/6/2026Pending sale$1,999,000$1,420/sqft
    Source: CRMLS #PW26040879 Report a problem
    2/25/2026Listed for sale$1,999,000+690.1%$1,420/sqft
    Source: CRMLS #PW26040879 Report a problem
    8/24/2017Listing removed$3,750$3/sqft
    Source: Dunn, REALTORS/Park Pacific #170039941 Report a problem
    8/18/2017Listed for rent$3,750$3/sqft
    Source: Dunn, REALTORS/Park Pacific #170039941 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,715 +14.4%$412,035 +2%
    2024$4,996 +2.3%$403,956 +2%
    2023$4,885 +2.7%$396,036 +2%

    Find assessor info on the county website

    Neighborhood: Pacific Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,075,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,075,300