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934-36 Reed Avenue

San Diego, CA 92109
  • $2,780,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: 260008138
UPDATED: 64 min ago
$2,780,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Description

Positioned just blocks from the sand at Sail Bay, this rare Pacific Beach offering presents a fully entitled, shovel-ready opportunity to deliver a modern coastal compound in one of San Diego’s most dynamic beach communities. Approved Coastal Development Permits, complete architectural plans, and construction estimates are in place for two striking contemporary residences—each paired with a private ADU—creating a versatile, high-demand product profile. Each main residence is thoughtfully designed at approximately 2,195 square feet, featuring 4 bedrooms and 3.5 bathrooms, with a penthouse level and rooftop deck that invite ocean breezes and offer the potential for sweeping coastal outlooks. The detached ADUs, approximately 795 square feet with 2 bedrooms and 2 bathrooms, provide exceptional flexibility for income generation or multigenerational use. Subterranean parking for each home enhances both functionality and design integrity. Set within close proximity to the shoreline, surf at Tourmaline, and the energy of Pacific Beach’s shops and dining, this is a unique opportunity to capitalize on a fully approved coastal development in a supply-constrained location.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/174923514
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934-36 Reed Avenue San Diego, CA 92109

  • Price: $2,780,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 64 min ago
  • ID#: 260008138
3
Beds
3
Baths
0
½ Baths
0.14
Acres
1950
Built
Neighborhood:
Pacific Beach
County:
San Diego
Area:
San Diego (92109)
Property Description
Positioned just blocks from the sand at Sail Bay, this rare Pacific Beach offering presents a fully entitled, shovel-ready opportunity to deliver a modern coastal compound in one of San Diego’s most dynamic beach communities. Approved Coastal Development Permits, complete architectural plans, and construction estimates are in place for two striking contemporary residences—each paired with a private ADU—creating a versatile, high-demand product profile. Each main residence is thoughtfully designed at approximately 2,195 square feet, featuring 4 bedrooms and 3.5 bathrooms, with a penthouse level and rooftop deck that invite ocean breezes and offer the potential for sweeping coastal outlooks. The detached ADUs, approximately 795 square feet with 2 bedrooms and 2 bathrooms, provide exceptional flexibility for income generation or multigenerational use. Subterranean parking for each home enhances both functionality and design integrity. Set within close proximity to the shoreline, surf at Tourmaline, and the energy of Pacific Beach’s shops and dining, this is a unique opportunity to capitalize on a fully approved coastal development in a supply-constrained location.
Exterior Features

Construction Materials Stucco Fencing Other/Remarks Roof Other/Remarks Spa Features N/K View BayOcean

Interior Features

Bathrooms Total 3 Cooling N/K Heating N/K Levels 2 Story

Property Features

Age Restrictions N/K Association Fee Includes N/K Building Area Total 1500 CFDMello Roos Fee 0 Community Features N/K Gross Scheduled Income 73788 Heat Source Natural Gas Irrigation Source N/K List AOR San Diego Association of REALTOR Listing Terms CashConventional Lot Size 4000-7499 SF MLSArea Major Coastal South Monthly Total Fees 0 Number Of Unitsw Cooling 1 Operating Expense 8000 Other Fees 0 Property Sub Type Res Income 2-4 Units Sale Rent For Sale Security Features N/K Short Sale False Site West of I-5 Special Listing Conditions N/K Subdivision Name PACIFIC BEACH Tenant Pays ElectricityGas/PropaneWater Utilities Sewer Connected Water Source Meter on Property

San Diego MLS logo Listing provided courtesy of Seth Obyrne of Compass: 858-869-3940. Listing information © 2026 San Diego MLS Inc. Source:


San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.
 
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Compass
7863 Girard Ave. #208
La Jolla CA, 92037