1855 Diamond
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1855 Diamond #114

C

San Diego, CA 92109

$399,000
NEW — 1d

Beds

1

Baths

1

Sqft

653

Year Built

1975

Days on Market

1

Property Type

Condo

HOA/mo

$802

MLS ID

260012588SD

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

About This Property

Life’s A Beach!!! The Plaza has one of the best locations in all of Pacific Beach. The beach and bay are only a few blocks away and the restaurants and shopping on Garnet are just outside your doorstep. This complex is loaded with amenities and feels like a beachside resort as you enter! Here you can enjoy multiple pools, spas, saunas, tennis courts, an exercise/weight room, movie room, library, and more. Relax with a book while sitting next to the one of its serene water features and fountains. This well maintained and updated one bedroom unit features a great layout with an open feel in the living room and kitchen. The kitchen has matching stainless steel appliances, bar seating, a dining area with room for a 4-person table and a large pantry. Its west facing balcony off of the living room gets great sunlight and coastal breezes. It has a large bedroom and bathroom with double sinks and plenty of closet space. One of the bonuses of this unit is that it is conveniently located near the laundry room, one of the quieter pools/spas and also stainless-steel gas grills for your summer BBQ’s!

Mortgage Calculator

Est. Monthly Payment

$3,335

Principal & Interest$2,018
Property Tax$399
Insurance$116
HOA$802
%($79,800)
%

Location

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Investment Score

36C
Est. Monthly Rent
$2,339
Monthly Cashflow

Rent − PITIA

$-996
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,866

Mortgage (P+I)
$2,018
Cap Rate
0.46%
Cash-on-Cash
-28.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$4,762

NOI (Annual)
$1,818
Price-to-Rent

Lower = better for investors

14.2

* 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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