(619) 977-7777 kevin@reef-realty.com
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$2,780,000
4 Days On Site

934-36 Reed Avenue
San Diego, CA 92109

For Sale|Multi Family|Active
3
Beds
3
Total Baths
3
Full Baths
1,500
SqFt
$1,853
/SqFt
1950
Built
Subdivision:
PACIFIC BEACH
County:
San Diego
Listed by Seth OByrne of Compass (858) 869-3940
Call Now: 619-977-7777
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619-977-7777
934-36 Reed Avenue934-36 Reed Avenue934-36 Reed Avenue934-36 Reed Avenue
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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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Listing Snapshot
Price 
$2,780,000
Days On Site 
4 Days
Bedrooms 
3
Inside Area (SqFt) 
1,500 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1950
MLS® Number 
260008138
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Number Of Stories 
2
Property Sub Type 
Multi Family
SqFt Total 
1500
Utilities 
Sewer Connected
Interior Features
Heating 
Natural Gas
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Exterior Features
Construction Details 
Stucco
View 
BayOcean
Waterview 
BayOcean
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Coastal South
Listed by Seth OByrne of Compass (858) 869-3940



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Last checked 2026

Neighborhood & Commute
Source: Walkscore
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