1855 Diamond
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1855 Diamond #218

C

San Diego, CA 92109

$499,000
NEW — 3d

Beds

1

Baths

1

Sqft

653

Year Built

1975

Days on Market

3

Property Type

Condo

HOA/mo

$802

MLS ID

NDP2604995

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

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About This Property

Beautifully updated and remodeled home at The Plaza, an iconic building with lush gardens and a tropical flair. Pool View private balcony with serene surroundings. Recently renovated with a modern kitchen and bath, updated flooring and cabintry with large storage closet... live your best life waking up to coffee on the balcony, work out in the well appointed gym or soak in the sun by one of the many pools. Located just minutes from the beach, this home is ideal for those who love the outdoors. Close to everything the iconic city of Pacific Beach has to offer, this is where convenience meets coastal charm. Enjoy 24 hour security, resort-style living with an impressive array of amenities including a grand lobby, fully equipped gym, tennis courts, BBQs and multiple pools. All within a secure, well maintained building. Seller will pay assessment before close of escrow. Welcome to your tropical paradise.

Mortgage Calculator

Est. Monthly Payment

$3,970

Principal & Interest$2,523
Property Tax$499
Insurance$146
HOA$802
%($99,800)
%

Location

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Investment Score

30C
Est. Monthly Rent
$2,635
Monthly Cashflow

Rent − PITIA

$-1,335
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,357

Mortgage (P+I)
$2,523
Cap Rate
0.40%
Cash-on-Cash
-28.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$5,696

NOI (Annual)
$1,993
Price-to-Rent

Lower = better for investors

15.8

* 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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