Investors, builders, and visionary buyers rare opportunity on a 50’ x 128’ lot in the heart of Pacific Beach. Located just two blocks from the Pacific Ocean and two blocks from Sail Bay, this house sits on an approximately 6,400 sqft lot with streets on two sides in one of Pacific Beach’s most desirable neighborhoods. Opportunities with this lot width and positioning are increasingly hard to find. The existing 3-bedroom, 2-bath home offers approximately 1,400 sq ft of living space and is ready for renovation, presenting clear value-add potential. Whether you’re looking to remodel into your own coastal retreat, take on a fix-and-flip project, hold as a long-term rental, or explore redevelopment possibilities, this property provides flexibility and upside. This original Pacific Beach home retains charming details including hardwood floors and a fireplace in the rear bedroom, which features a slider opening to the spacious backyard. The generous yard offers ample space to entertain, expand, or design your ideal outdoor setting. Solar panels are already installed on the roof, adding energy efficiency and long-term savings. Additional highlights include a detached two-car garage with alley access and a prime location directly across from the Pacific Beach Library. Enjoy easy acces
MLS #
CRPW26040879
MLS Source
California Regional MLS
Bedrooms
Ground Floor Bedroom
Appliances
Other
Fireplace
Gas Burning, Primary Bedroom
Laundry
Other
Cooling
None
Pool
None
Garage/Parking
Garage, Off-Street Parking, Other, Garage: 2 Car(s)
Elementary District
San Diego Unified
High School District
San Diego Unified
HOA Fee
$0
Zoning
RS-1-7
1021 Reed is a Single Family Residence in San Diego, CA 92109. This 1,408 square foot property sits on a 6,400 Sq Ft Lot and features 3 bedrooms & 2 full bathrooms. It is currently priced at $2,075,000 and was built in 1955. This address can also be written as 1021 Reed, San Diego, CA 92109.
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This listing information is up-to-date as of March 27, 2026. For the most current information, please contact Ghazal Shahbazi