Skip To Content
    Return to Previous Page

    1504 Reed Ave

    San Diego, CA 92109
    • $1,890,000
    • STATUS: ACTIVE
    • ON SITE: 53 days
    • ID#: 200042175
    $1,890,000
    • 6
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,368
      SQFT
    • $798
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1946
    County:

    School Ratings & Info

    Description

    Actual Gross Annual Scheduled Income is $111,600 based upon current rents. Mid Century Modern in Pacific Beach just steps to Sail Bay and the Pacific Ocean. Included with this property are two separate one bedroom apartments at 4263 Haines Street and 4265 Haines Street, four large garages, and one onsite parking space. Lush landscaping and mature trees provide the perfect balance between sunlight and shade on this large southwest corner lot. The main house lives seamlessly with nature with its Japanese-inspired wood interiors and wraparound glass windows. Additional features of the 4 bedroom, 2 bath detached home include recessed lighting, a large tiled front patio with a wooden front porch, a stylish fireplace, new carpeting, heated floors in two bedrooms, and artistically designed bathrooms with colored glass & etched glass. Elegant hardwood floors exist under the new carpeting. The spacious kitchen flows naturally to the generous backyard oasis where the new owner will enjoy the private spa, patio/deck areas, 6 hidden storage lockers, and extra storage for surfboards, bicycles and other beach toys. The spa features a new cover, pumps and jets. The two apartments on Haines Street are bright and airy with lots of windows and fresh air. They have efficient floor plans with newer bamboo floors, wood burning fireplaces, and walk up decks. The lower unit has a separate yard while the upper unit features gorgeous ocean & bay views. Four garages in this prime Pacific Beach location allow for additional storage because of the height and depth of the spaces. This property also features one additional onsite parking space, a separate laundry room, two additional storage rooms, and an enclosed area next to the garages for trash containers. The four garages are currently leased to offsite residents for a total of $1,050 per month.

    Monthly Payment Calculator

    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/109530052
    Print Image

    1504 Reed Ave San Diego, CA 92109

    • Price: $1,890,000
    • Status: ACTIVE
    • ID#: 200042175
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,368
    SQFT
    $798
    $/SQFT
    1946
    Built
    Neighborhood:
    Pacific Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    Actual Gross Annual Scheduled Income is $111,600 based upon current rents. Mid Century Modern in Pacific Beach just steps to Sail Bay and the Pacific Ocean. Included with this property are two separate one bedroom apartments at 4263 Haines Street and 4265 Haines Street, four large garages, and one onsite parking space. Lush landscaping and mature trees provide the perfect balance between sunlight and shade on this large southwest corner lot. The main house lives seamlessly with nature with its Japanese-inspired wood interiors and wraparound glass windows. Additional features of the 4 bedroom, 2 bath detached home include recessed lighting, a large tiled front patio with a wooden front porch, a stylish fireplace, new carpeting, heated floors in two bedrooms, and artistically designed bathrooms with colored glass & etched glass. Elegant hardwood floors exist under the new carpeting. The spacious kitchen flows naturally to the generous backyard oasis where the new owner will enjoy the private spa, patio/deck areas, 6 hidden storage lockers, and extra storage for surfboards, bicycles and other beach toys. The spa features a new cover, pumps and jets. The two apartments on Haines Street are bright and airy with lots of windows and fresh air. They have efficient floor plans with newer bamboo floors, wood burning fireplaces, and walk up decks. The lower unit has a separate yard while the upper unit features gorgeous ocean & bay views. Four garages in this prime Pacific Beach location allow for additional storage because of the height and depth of the spaces. This property also features one additional onsite parking space, a separate laundry room, two additional storage rooms, and an enclosed area next to the garages for trash containers. The four garages are currently leased to offsite residents for a total of $1,050 per month.
    Exterior Features

    Exterior Wood Fencing Partial Parking Garage Desc Unit1 Detached Parking Garage Desc Unit2 Detached Parking Garage Desc Unit3 Detached Parking Garage Spaces Unit1 2 Parking Garage Spaces Unit2 1 Parking Garage Spaces Unit3 1 Parking Non Garage Desc Unit2 Assigned Roof Composition Site Alley AccessSidewalksWest Of I-5 Spa Yes Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 3 Units With Patios 3 View BayCityEvening Lights

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Forced Air UnitWall/Gravity Heat Source ElectricNatural Gas Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 1 Units With Dryers 1 Units With Fireplaces 3 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 1

    Property Features

    Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association Of Realtors (Sdar) Buildings 3 Cfd Mello Roos Fee 0.0 Community Pacific Beach Complex Features Laundry FacilitiesSpa/Hot Tub Complex Park N/A Cross Streets Pacific Beach Dr Gross Rent Multiplier Actual 16.93 Gross Scheduled Income Actual 111600 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Cable TvElectricityHot Water Terms CashConventional Unit Number For Unit1 1504 Reed Unit Number For Unit2 4263 Haine Unit Number For Unit3 4265 Haine Unit1 Deposit 5200 Unit1 Occupied Tenant Unit1 Rent Actual 4800.0 Unit2 Deposit 2000 Unit2 Occupied Tenant Unit2 Rent Actual 1750.0 Unit3 Deposit 2000 Unit3 Occupied Tenant Unit3 Rent Actual 1700.0 Water Meter On Property

    Listing provided courtesy of Scott & Quinn Real Estate. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_5_200042175-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_5_200042175-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_5_200042175-2.jpg
    Logo
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101