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2138 2140 Reed AveSan Diego, CA 92109

For Sale

$1,999,000

Smart Buyer Rebate $19,990

Opportunity is the name of the game with this remodeled two-unit property in the heart of Pacific Beach. The front unit is a recently remodeled 3-bedroom, 2-bath home featuring open-concept living on the main level with a full bath and laundry. Upstairs, you’ll find all three bedrooms and a second full bath, including a primary suite with bay, SeaWorld, and downtown views plus a private deck to enjoy ocean breezes and sunsets. The rear unit is a charming 2-bedroom, 1-bath bungalow full of classic PB character, complete with an inviting front porch and a back patio perfect for relaxing or storing surfboards and bikes. Both units are equipped with mini-split systems, and the property offers ample parking with three off-street spaces. Ideally located within walking distance to Mission Bay, Kendall-Frost Preserve, Crown Point Park, and Mission Bay Golf Course, plus a short stroll to Campland for live music, food, boating, and summer fun. Whether you’re seeking an investment, second home, or an owner-occupant opportunity with rental income at the beach, this property truly checks all the boxes.

Listed by Scott Booth

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License #01397371

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Compass

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858-775-0280

Listed by Nicole Christensen

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License #01971016

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Compass

Last updated January 28, 2026

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Source: CRMLS #260002133SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodPacific Beach
  • Days on Prevu2

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

01/28/2026
Listed by Compass
$1,999,000

Property Details for 2138 2140 Reed Ave

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Year Built: 1960

Measurements

  • Lot Size Acres: 0.07
  • Lot Size Area: 3,066
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3,066
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 4242021800

Other

Location

  • Subdivision Name: Pacific Beach

Utilities

Equipment

  • Cooling: Zoned
  • Has Cooling: Yes
  • Heating: Electric, Zoned
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2138 2140 Reed Ave.

How does 2138 2140 Reed Ave compare to other multi-family homes in Pacific Beach?

This multi-family home is listed 9% below the average price for multi-family homes in Pacific Beach and has been on the market for 42 less days than the typical home in this area.

2138 2140 Reed Ave is a -bedroom multi-family home for sale in San Diego CA 92109. On Prevu for 2 days at $1,999,000. This home is located in Pacific Beach. The median listing price for multi-family homes in this area is $1,190,000. Additional amenities include parking. Explore more multi-family home listings in San Diego.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.