1671 Diamond Street

San Diego, CA 92109

$1,750,000
Last Sold Price
5
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

1671-75 Diamond Street consists of three rental on a 6,241 sq ft lot. Each unit is its's own free standing structure with private yards and individual laundry hook-ups. The front home has 3 bedrooms and 2 bathrooms. And the back two buildings are both 1 bedroom 1 bath units. All residents are month to month. Homes are located in walking distance to all the shops, restaurants, and bars. Approximately one mile to the beach too. This property has been held in the same family for decades. Rents are significantly...1671-75 Diamond Street consists of three rental on a 6,241 sq ft lot. Each unit is its's own free standing structure with private yards and individual laundry hook-ups. The front home has 3 bedrooms and 2 bathrooms. And the back two buildings are both 1 bedroom 1 bath units. All residents are month to month. Homes are located in walking distance to all the shops, restaurants, and bars. Approximately one mile to the beach too. This property has been held in the same family for decades. Rents are significantly under market. The complex represents a tremendous opportunity to acquire a value add investment in the highly desired community of Pacific Beach.
  1. Listed by Cody Evans • DRE #01399935 • Brokerage DRE #01419860 • South Coast Commercial, Inc.

Property Details for 1671 Diamond Street

Cross Streets
Jewell
Area
Pacific Beach (PAB)
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
416-422-12-00

Location

Listing Courtesy of South Coast Commercial, Inc., Cody Evans, DRE #01399935

Sold By Compass, Ross Clark, DRE #01830849

Add your commute
LISTING UPDATED: 06/27/2022 12:01 PM

Property Details for 1671 Diamond Street

StatusSold
MLS #210032229SD
Days on Market11
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size-
CountySan Diego County

Location

Listing Courtesy of South Coast Commercial, Inc., Cody Evans, DRE #01399935

Sold By Compass, Ross Clark, DRE #01830849

Add your commute

Building Information for 1671 Diamond Street

Stories1Residences-Year Built1950Building Size-Lot Size-

Payment Calculator

$9,550 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,550

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1671 Diamond Street

Community / Development
Community / Development
  • Complex Name: N/A
  • Number Of Units: 3
  • Builders Tract Name: Pacific Beach
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Financing: Cash
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $26,154.00
  • Gross Scheduled Income: $50,400
  • Cap Rate: 1.70%
  • Gross Rent Multiplier: $29.80
  • Other Income1: $.00
  • Total Annual Expense: 22734
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, Exchange
  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Property History for 1671 Diamond Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1671 Diamond Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Pacific Beach Elementary School
PublicK to 5

Pacific Beach Middle School
Public6 to 8

Mission Bay High School
Public9 to 12

Barnard Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of South Coast Commercial, Inc., Cody Evans, DRE #01399935

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