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1566 Reed Ave
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for purchase in San Diego
- The property consists of three individual residential units
- The investment currently carries a 3.64% cap rate
- Located in the highly accessible 92109 ZIP code area
- Well-suited for residential investors targeting the coastal market
What's Special
This multifamily apartment building at 1566 Reed Ave in San Diego, CA, is currently available for sale and presents a potential addition for investors seeking residential assets in a coastal market. The property consists of 3 units, making it suitable for a focused portfolio strategy or a small-scale real estate investment. Located in the 92109 ZIP code, the asset benefits from its position within a prominent Southern California metro area characterized by high demand for rental housing near the Pacific coast. Investors will note the property operates at a 3.64% cap rate. Given the established nature of the Pacific Beach submarket, the building offers a stable environment for maintaining occupancy within a densely populated urban landscape. This asset functions well as a multi-family holding, allowing for consistent management of residential units in a highly desirable regional economy.
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