Joe McLaughlin / Broker Associate

My Office Listings

1671-75 Diamond St
Coastal South San Diego 92109

$2,349,500
2-4 Units 6,241 sq. ft. built: 1950

Main Photo: PACIFIC BEACH Property for sale: 1671-75 Diamond St in San Diego
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Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
220023047
Year Built:
1950
Central location in PB, walking distance to the beach, schools, restaurants & shops. Currently consists of 3 rental units on a 6,241 sqft lot. Each unit is its own free standing building w/laundry and own yard. Seller has plans for a 9 unit development (see renderings in photos), consisting of one 2bd/2ba & eight 1bd/1ba. On the new plan, each unit has a storage area & 4 total parking spots for the lot. Rents are currently significantly under market. BIG Opportunity!
Total Floor Area:
6,241 sq. ft.
Lot Size:
4,000-7,499 SF
Lot Size:
6,098.4 sq. ft.
Number of Buildings:
3
Number of Units:
3
Year Built:
1950
Stories:
1 Story
Total Stories:
1
Market Area:
Coastal South
Community:
PACIFIC BEACH
County:
San Diego
Neighborhood Code:
Pacific Beach
Name of Complex/Subdivision:
N/A
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Cable TV, Electricity, Gas/Propane
Other income:
0
Annual expense actual:
0
Cap Rate.:
0.0
Gross Rent Multiplier:
0.0
Gross scheduled income:
0
Finished Area for Unit 1:
0 sq. ft.
Bedrooms for Unit 1:
1
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
0.0
Total Rent for Unit 1:
750.0
Projected Rent for Unit 1:
1950.0
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Finished Area for Unit 2:
0 sq. ft.
Bedrooms for Unit 2:
1
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
400.0
Total Rent for Unit 2:
1000.0
Projected Rent for Unit 2:
1950.0
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Finished Area for Unit 3:
0 sq. ft.
Bedrooms for Unit 3:
3
Number of bathrooms for Unit 3:
2
Full Bathrooms for Unit 3:
2
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
1500.0
Total Rent for Unit 3:
2450.0
Projected Rent for Unit 3:
4500.0
Unit 3 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 3:
Yes
Number of bathrooms for Unit 4:
0
Front house is a 3 bedroom/2 bathroom house, rear units are 1 bedroom homes. Approximately 1 mile to beach.
Jewell
Exterior Features:
Stucco
Cooling:
None
Number of Units with Cooling:
0
Number of Units with Dishwashers:
0
Number of Units with Dryers:
0
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
0
Number of Units with Patios:
3
Number of Units with Range/Oven:
3
Number of Units with Refrigerators:
3
Number of Units with Washers:
0
Roof:
Other/Remarks
Security:
N/K
Fencing:
Partial
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional
Parcel Number:
416-422-12-00
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Data was last updated October 5, 2022 at 01:10 PM (UTC)
Area Statistics
Listings on market:
32
Avg list price:
$2,095,000
Min list price:
$895,000
Max list price:
$11,950,000
Avg days on market:
105
Min days on market:
5
Max days on market:
608
Avg price per sq.ft.:
$420.37
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations.
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 Multiple Listing Service, Inc. 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 © 2022 San Diego Multiple Listing Service, Inc.