Property Details

1614-20 Reed Ave.

San Diego CA 92109

$3,625,000

Status: Active

Property Details

Description

The property is located on a low traffic street within a mile of the coast and less than three quarters of mile from Mission Bay. Close to everything that makes Pacific Beach so desirable and is within minutes of I-5 and I-8. Four one bedroom and four two bedroom units which is a better unit mix than 70% of buildings between 5-20 units. Rents are currently below market. Property manager reports that all leases are month to month. The property is priced for quick sale. There is no distress and no debt. Most of the units have vinyl flooring, upgraded kitchens and baths, attractive new tile showers, stainless steel appliances, tasteful interior décor, and ceiling fans. Some units have not yet been renovated. Property is being sold As-Is.

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