Brian Yaw

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1504 Reed Ave
Coastal South San Diego 92109

$1,890,000
2-4 Units 6,245 sq. ft. built: 1946

Main Photo: PACIFIC BEACH Property for sale: 1504 Reed Ave in San Diego
Photo 1: PACIFIC BEACH Property for sale: 1504 Reed Ave in San Diego
Photo 2: PACIFIC BEACH Property for sale: 1504 Reed Ave in San Diego
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Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
200042175
Year Built:
1946
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.
Total Floor Area:
6,245 sq. ft.
Lot Size:
4,000-7,499 SF
Number of Buildings:
3
Number of Units:
3
Year Built:
1946
Stories:
1 Story
Total Stories:
1
Market Area:
Coastal South
Community:
PACIFIC BEACH
County:
San Diego
Neighborhood Code:
PACIFIC BEACH
Name of Complex/Subdivision:
N/A
Home Owner Fees:
0.0
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Cable TV, Electricity, Hot Water
Other income:
0
Annual expense actual:
0
Cap Rate.:
0.0
Gross Rent Multiplier:
16.93
Gross scheduled income:
111600
Unit Number for Unit 1:
1504 Reed
Finished Area for Unit 1:
1,360 sq. ft.
Bedrooms for Unit 1:
4
Number of bathrooms for Unit 1:
2
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
5200.0
Total Rent for Unit 1:
4800.0
Total Garage Spaces for Unit 1:
2
Garage for Unit 1:
Detached
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Common
Unit Number for Unit 2:
4263 Haine
Finished Area for Unit 2:
504 sq. ft.
Bedrooms for Unit 2:
1
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
2000.0
Total Rent for Unit 2:
1750.0
Total Garage Spaces for Unit 2:
1
Garage for Unit 2:
Detached
Parking for Unit 2:
Assigned
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Common
Unit Number for Unit 3:
4265 Haine
Finished Area for Unit 3:
504 sq. ft.
Bedrooms for Unit 3:
1
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
2000.0
Total Rent for Unit 3:
1700.0
Total Garage Spaces for Unit 3:
1
Garage for Unit 3:
Detached
Unit 3 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 3:
Common
Number of bathrooms for Unit 4:
0
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.
Pacific Beach Dr
Site Influences:
Alley Access, Sidewalks, West of I-5
Complex Features:
Laundry Facilities, Spa/Hot Tub
Exterior Features:
Wood
View:
Bay, City, Evening Lights
Cooling:
None
Heating:
Forced Air Unit, Wall/Gravity
Heating fuel:
Electric, Natural Gas
Number of Units with Cooling:
0
Number of Units with Dishwashers:
1
Number of Units with Dryers:
1
Number of Units with Fireplaces:
3
Number of Furnished Units:
0
Number of Units with Garages:
3
Number of Units with Patios:
3
Number of Units with Range/Oven:
3
Number of Units with Refrigerators:
3
Number of Units with Washers:
1
Spa:
Yes
Roof:
Composition
Sewer Septic:
Sewer Connected
Water supply:
Meter on Property
Security:
N/K
Fencing:
Partial
Topography:
Level
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional
Parcel Number:
423-193-09-00
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Larger map options:
Data was last updated September 18, 2020 at 01:10 AM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$1,795,000
Min list price:
$750,000
Max list price:
$8,495,000
Avg days on market:
37
Min days on market:
2
Max days on market:
280
Avg price per sq.ft.:
$351.77
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations.
BRIAN  YAW
Brian Yaw
Direct: 619-962-4663
CalDRE License #: 01302422