1816 Diamond Street
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1816 Diamond Street

D

San Diego, CA 92109

$979,000

Soft Appraisal Value: $2,108,100 · 53.6% below estimate

Beds

2

Baths

1

Sqft

750

Year Built

1979

Days on Market

83

Property Type

Single Family

HOA/mo

$325

MLS ID

260004080SD

This property is in San Diego (92109). View neighborhood stats →

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About This Property

A Diamond on Diamond Located in the heart of Pacific Beach, this 2BR/1BA detached cottage sits at the front of a condominiumized lot, offering future expansion potential and strong upside. The property includes two parking spaces and a fully fenced lot with two large patios, enhancing livability and rental appeal. Ideal for investors, second-home buyers, or those seeking a coastal footprint with room to grow. Just minutes to the Pacific Ocean, shops, dining, and nightlife—this is a prime opportunity to invest in one of San Diego’s most in-demand beach communities.

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Est. Monthly Payment

$6,540

Principal & Interest$4,950
Property Tax$979
Insurance$286
HOA$325
%($195,800)
%

Location

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Investment Score

15D
Est. Monthly Rent
$3,988
Monthly Cashflow

Rent − PITIA

$-2,552
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,285

Mortgage (P+I)
$4,950
Cap Rate
0.82%
Cash-on-Cash
-26.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$9,553

NOI (Annual)
$7,979
Price-to-Rent

Lower = better for investors

20.5

* 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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