Deadline for offers is 03/25/2015 at 12pm for seller to review. Calling all Investors!! Prime condo style income property located in coveted Pacific Beach just blocks from the beach. Strong Rental area with strong upside potential. All units are occupied with a current monthly rental income of $9,825. The property consists of 4 units, three 3 Bedroom 2 1/2 Bath units and one 2 Bedroom 2 1/2 Bath unit. Three of the units are 2 Story townhouse style. Each unit has outdoor space, three with private patios and one with a balcony. Plenty of parking with four Garages, entrance is through the rear alley. Three 2 car tandem and one 1 car garage with additional covered space. Direct garage access in one unit. Probate Sale * * * Occupied do not disturb tenants * * * Agents please read private remarks. Buyer to complete their own investigations. Agent makes no warranties and/or representations in regards to this sale.
Deadline for offers is 03/25/2015 at 12pm for seller to review. Calling all Investors!! Prime condo style income property located in coveted Pacific Beach just blocks from the beach. Strong Rental area with strong upside potential. All units are occupied with a current monthly rental income of $9,825. The property consists of 4 units, three 3 Bedroom 2 1/2 Bath units and one 2 Bedroom 2 1/2 Bath unit. Three of the units are 2 Story townhouse style. Each unit has outdoor space, three with private patios an
Deadline for offers is 03/25/2015 at 12pm for seller to review. Calling all Investors!! Prime condo style income property located in coveted Pacific Beach just blocks from the beach. Strong Rental area with strong upside potential. All units are occupied with a current monthly rental income of $9,825. The property consists of 4 units, three 3 Bedroom 2 1/2 Bath units and one 2 Bedroom 2 1/2 Bath unit. Three of the units are 2 Story townhouse style. Each unit has outdoor space, three with private patios and one with a balcony. Plenty of parking with four Garages, entrance is through the rear alley. Three 2 car tandem and one 1 car garage with additional covered space. Direct garage access in one unit. Probate Sale***Occupied do not disturb tenants***Agents please read private remarks. Buyer to complete their own investigations. Agent makes no warranties and/or representations in regards to this sale.
Public Records
May 22, 1989
Sold
$325,000
$62/sq ft
Public Records
Feb 29, 1988
Sold
$275,000
$52/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$27,530 (+5.9%)
$1,448,963 + $748,630
$2,197,593
2024
$25,987 (+2.3%)
$1,420,552 + $733,951
$2,154,503
2023
$25,413 (+2.7%)
$1,392,699 + $719,560
$2,112,259
2022
$24,737 (+0.7%)
$1,365,392 + $705,451
$2,070,843
2021
$24,568 (+1.2%)
$1,338,620 + $691,619
$2,030,239
2020
$24,270 (+1.8%)
$1,312,373 + $678,058
$1,990,431
2019
$23,837 (+7.0%)
$1,298,917 + $671,106
$1,970,023
2018
$22,283 (+2.4%)
$1,273,449 + $657,948
$1,931,397
2017
$21,753 (+1.6%)
$1,224,000 + $632,400
$1,856,400
2016
$21,407 (+24.4%)
$1,224,000 + $632,400
$1,856,400
2015
$17,206 (+1.6%)
$1,200,000 + $620,000
$1,820,000
2014
$16,935 (+0.1%)
$675,370 + $757,913
$1,433,283
2013
$16,913 (+8.5%)
$675,370 + $757,913
$1,433,283
2012
$15,585 (+1.9%)
$672,318 + $754,488
$1,426,806
2011
$15,298 (+1.8%)
$659,136 + $739,695
$1,398,831
2010
$15,031 (−0.3%)
$646,212 + $725,192
$1,371,404
2009
$15,072 (+3.6%)
$641,383 + $719,773
$1,361,156
2008
$14,542
$642,907 + $721,483
$1,364,390
Tax history for 960 Reed Ave
Year
Property tax
Land + Additions
Assessment*
2025
$27,530 (+5.9%)
$1,448,963 + $748,630
$2,197,593
2024
$25,987 (+2.3%)
$1,420,552 + $733,951
$2,154,503
2023
$25,413 (+2.7%)
$1,392,699 + $719,560
$2,112,259
2022
$24,737 (+0.7%)
$1,365,392 + $705,451
$2,070,843
2021
$24,568 (+1.2%)
$1,338,620 + $691,619
$2,030,239
2020
$24,270 (+1.8%)
$1,312,373 + $678,058
$1,990,431
2019
$23,837 (+7.0%)
$1,298,917 + $671,106
$1,970,023
2018
$22,283 (+2.4%)
$1,273,449 + $657,948
$1,931,397
2017
$21,753 (+1.6%)
$1,224,000 + $632,400
$1,856,400
2016
$21,407 (+24.4%)
$1,224,000 + $632,400
$1,856,400
2015
$17,206 (+1.6%)
$1,200,000 + $620,000
$1,820,000
2014
$16,935 (+0.1%)
$675,370 + $757,913
$1,433,283
2013
$16,913 (+8.5%)
$675,370 + $757,913
$1,433,283
2012
$15,585 (+1.9%)
$672,318 + $754,488
$1,426,806
2011
$15,298 (+1.8%)
$659,136 + $739,695
$1,398,831
2010
$15,031 (−0.3%)
$646,212 + $725,192
$1,371,404
2009
$15,072 (+3.6%)
$641,383 + $719,773
$1,361,156
2008
$14,542
$642,907 + $721,483
$1,364,390
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
11
Baths
10
Stories
2
Lot width
—
Lot depth
—
Lot size
6,251
Year renovated
1990
Sq. Ft.
5,241
Year built
1990
Style
Multi-Family (2-4 Unit)
County
San Diego County
APN
4231231600
Parking Spaces
8
Basement
—
Accessible
—
HOA Dues
—
Garage
Yes
Features
—
Last updated by owner on Jan 29, 2025.
RM-1-1
PIOZ- COASTAL-IMPACT
PACIFIC BEACH
PIOZ-BEACH-IMPACT
N-APP-2
CHLOZ
TAOZ
Residential-Multiple Unit Zone
The purpose of the RM zones is to provide for multiple dwelling unit development at varying densities. The RM zones individually accommodate developments with similar densities and characteristics. Each of the RM zones is intended to establish development criteria that consolidates common development regulations, accommodates specific dwelling types, and responds to locational issues regarding adjacent land uses.
Zone overlays
Parking Impact Overlay - Coastal Impact Zone
Parking Impact Overlay - Beach Impact Zone
N-APP-2
Coastal Height Limit Overlay Zone
Transit Area Overlay Zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Recreation
Housing-Mobile home park
Park & open space
Property details
Parking
Garage
Garage
# of Garage Spaces: 7
Parking
# of Parking Spaces (Total): 8
# of Covered Parking Spaces: 8
Interior
Equipment
Other
Heating & Cooling
Other Cooling
Other Heat
Multi-Unit Income
Gross Income: 9825
Multi-Unit Other Financial Information
Scheduled Actual: Actual
Multi-Unit Information
Owner Pays: Other
Unit Type Type: 1, 2, 3, 4
Type Of Units: Attached
# of Buildings: 1
Unit 1 Information
# of Beds: 3
# of Baths: 2.50
Rent: $2,650
Actual Rent: $2,650
# of Units: 1
Unit 2 Information
# of Beds: 3
# of Baths: 2.50
Rent: $2,400
Actual Rent: $2,400
# of Units: 1
Unit 3 Information
# of Beds: 3
# of Baths: 2.50
Rent: $2,500
Actual Rent: $2,500
# of Units: 1
Unit 4 Information
# of Beds: 2
# of Baths: 2.50
Rent: $2,275
Actual Rent: $2,275
# of Units: 1
Exterior
Building Information
Total Floors: 2
Exterior Features
Other Structural Features: Balcony
Property Information
Property Type: Residential Income
Lot Information
Lot Size (Sq. Ft.): 6,251
Zoning: 3
Financial
Assessment Information
Assessed Land Value: $675,370
Assessed Improvement Value: $757,913
Assessor Parcel Number: 423-123-16-00
Location
Community Information
# of Units in Complex (Total): 4
Location Information
Directions: Please refer to Google Maps for accurate driving directions.
Public facts
Beds: 11
Baths: 10.0
Sq. Ft.: 5,241
Stories: 2.0
Parking Spaces: 8
Basement: No
Accessible: No
Lot Size: 6,251 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1990
Year Renovated: 1990
County: San Diego County
APN: 4231231600
HOA Dues: —
Garage: Yes
Features: —
Home facts updated by owner on Jan 29, 2025
Other
Documents & Disclosures
Disclosures: Court Approval Not Required, Probate
Around this home
Schools
Crown Point Junior Music Academy
Public K-5 • Assigned • 0.7mi
5/10
Pacific Beach Middle School
Public 6-8 • Assigned • 0.7mi
10/10
Mission Bay High School
Public 9-12 • Assigned • 1.6mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 84° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
San Diego, CA • 92109
Average low and high temperatures (°F)
66
51
66
53
67
55
65
56
67
59
69
61
72
65
74
64
74
65
71
59
67
54
65
53
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.2 hours in
June and 7.3 hours in December, placing it above the
U.S. average for solar exposure.
8.2 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$3.03M – $3.67M
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