1775 Diamond Street

1775 Diamond Street #1-115

D

San Diego, CA 92109

$359,000

Soft Appraisal Value: $355,100 · 1.1% above estimate

Beds

1

Baths

1

Sqft

420

Year Built

1975

Days on Market

11

Property Type

Condo

HOA/mo

$727

MLS ID

NDP2602549

Description

This coastal modern studio one bedroom condo at The Plaza offers resort-style amenities in the heart of Pacific Beach, just minutes to the ocean. Move-in ready and freshly painted throughout, this ground-floor unit features a bright open layout designed to maximize space & functionality. Kitchen boasts stainless appliances, subway tile backsplash, and breakfast bar overlooking the main living area. Sliding doors open to a private covered patio with pool view. Bathroom includes modern tile flooring, tub/shower combo, and vanity. The gated community provides 24/7 security & on-site staff, four pools & spas, five lighted tennis courts, gym, sauna, library, game room with billiards, laundry facilities, and beautifully maintained grounds with lagoon and BBQ areas. One designated covered space in a secured parking structure, water, and trash are included. Only 10 blocks to the beach, walk to Kate Sessions Park, shops, restaurants, and entertainment, or bike to Mission Bay, Crystal Pier, and the boardwalk. Less than 15 minutes to USD, UCSD, and Mesa College. Enjoy coastal living in one of San Diego's most walkable beach communities.

Mortgage Calculator

Est. Monthly Payment

$3,006

Principal & Interest$1,815
Property Tax$359
Insurance$105
HOA$727
%($71,800)
%

Investment Score

1D
Est. Monthly Rent
$2,091
Monthly Cashflow

Rent − PITI − HOA

$-915
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,695

Mortgage (P+I)
$1,815
Cap Rate
0.40%
Cash-on-Cash
-28.34%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$4,293

NOI (Annual)
$1,439
Price-to-Rent

Lower = better for investors

14.3

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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