1119 Reed Avenue 2, San Diego, California 92109, San Diego, 92109 - 3 bed, 3 bath
1119 Reed Avenue 2
San Diego, California 92109
Property Price
SUMMARY
Analysis of 1119 Reed Avenue 2, San Diego, California 92109 is currently available with a list price of $1,150,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1985, this 39-year-old property falls within the 25-40 year range for the 'fair' category. While it has been recently 'refreshed' with new carpet and interior paint to ensure it is move-in ready, it lacks a full modern renovation. The kitchen and bathrooms appear functional but dated, and the listing's own analysis suggests a need for further modernization to meet current luxury standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Bird Rock Elementary School (10/10).
- Prime Coastal Location
Situated in the heart of Pacific Beach, this property offers exceptional walkability and proximity to both the beach and Mission Bay, placing residents at the center of San Diego's most vibrant coastal lifestyle.
- Exceptional Parking Provisions
The inclusion of a private garage plus an additional assigned space is a rare and highly valuable asset in Pacific Beach, where parking is notoriously limited and in high demand.
CONSRISKS & DEFICIENCIES
- Absence of Scenic Views
Despite its proximity to the water, the property lacks ocean or bay views, which may be a drawback for buyers specifically seeking the premium aesthetic of a coastal vista.
- Potential for Further Modernization
While recently refreshed with paint and carpet, the 1985 construction and 'virtually staged' presentation suggest that the kitchen and bathrooms may still require significant updates to meet modern luxury standards.
About 1119 Reed Avenue 2
Welcome to 1119 Reed Ave #2, a 3-bedroom, 3-bath condominium in highly desirable San Diego, located in the heart of vibrant Pacific Beach. Offering approximately 1,430 square feet of living space, this home combines comfort, convenience, and an unbeatable coastal location. Recently refreshed with brand-new carpet and fresh interior paint, the interior feels bright, clean, and move-in ready. The functional floor plan features a cozy living and dining area ideal for entertaining, while the bedrooms and multiple bathrooms provide flexibility for guests, roommates, or a home office setup. Parking is a standout feature! Enjoy a private garage, one additional assigned space directly behind the garage, plus street parking for guests, a rare and valuable combination in Pacific Beach. The community offers a low HOA of approximately $300 per month, with amenities such as a courtyard and an area on the front patio for social gatherings. Located just minutes from the beach, Mission Bay, popular restaurants, coffee shops, grocery stores and boutique shopping, this home places you in the center of everything that makes coastal San Diego living so desirable. Certain photos have been virtually staged to help visualize layout and design possibilities.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 6,250 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $300.0 / Month
Neighborhood Insights
San Diego Unified Schools
Crown Point Jr Music Academy
Grades K-5 • 0.5 mi
Pacific Beach Elementary School
Grades K-5 • 1.0 mi
Sessions Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 85% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 1,430 | 940.5 | 83% |
| Lot Size | 6,250 | 3,932.5 | 63% |
| Price | $1.15M | $890.0K | 69% |
| Price per sq ft | $804 | $890 | 31% |
| Built year | 1985 | 1976 | 72% |
| HOA | $300.0 | $470 | 26% |
| Days on market | 21 | 153 | 4% |
Pricing History
Listed for Sale
Feb 14, 2026
$1,150,000
Initial Listing
Sold
Mar 22, 2006
$647,000
Public Record
Sold
Nov 8, 2002
$462,500
Public Record
Sold
Mar 19, 2001
$332,000
Public Record