842 Reed Ave. San Diego, CA 92109

Summary

Pacific Beach – 842 Reed Avenue, an Eight (8) unit apartment property, comprised of five (5) one-bedroom/one-bathroom units and three (3) two-bedroom/one-bathroom units, has closed for $3,335,000.

Buyer, a local investor based in La Jolla, was represented by Joe Burrough of Palma Commercial in Pacific Beach.  

Built around 1970, this two-story building has nine (9) off-street parking spaces (including four garage spaces), as well as a laundry room on-site.  Units are separately metered for gas and electricity, and several have private patios/balconies.   

Agent(s) Involved: Joseph Burrough
Agency/Representation: Buyer

Transaction Details

Status: Closed
COE Date: 2/11/2020
Price: $3,335,000
Units: 8
Year Built: 1970
Bldg. Size: 5,378 SF
Lot Size: 6,275 SF
Price/Unit: $416,875
Price/SF of RBA: $620
Price/SF of GLA: $532