1855 Diamond St
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1855 Diamond St #5-232

C

San Diego, CA 92109

$399,000
NEW — 0d

Beds

1

Baths

1

Sqft

678

Year Built

1975

Days on Market

0

Property Type

Condo

HOA/mo

$802.48

MLS ID

260013279SD

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

About This Property

Welcome to one of the best-value one-bedroom homes in prime Pacific Beach. This spacious residence is the largest one-bedroom floor plan in the community, offering an incredible opportunity to own top-tier PB real estate at an approachable price point. With only one shared wall and a peaceful pool view, this single-story, elevator-accessible home is thoughtfully updated with dual-pane windows and doors, new plumbing, a new toilet, and a new electrical panel with upgraded wiring—a major upgrade not found in all units. The community delivers true resort-style living, featuring multiple pools, a hot tub, tennis courts, billiards room, movie theater, library, onsite security services/attendant available and more. Whether you’re looking for a primary residence, a low-maintenance alternative to a retirement community, or a flexible second home, this property offers comfort, convenience, and lifestyle. Located just minutes from both the bay and the beach, you’ll enjoy the best of coastal living in one of San Diego’s most sought-after neighborhoods. Mid-term rentals are allowed (rental must be a minimum of 31 days per HOA), and the complex is VA approved, expanding financing options for buyers. A rare combination of size, upgrades, amenities, and location—this is Pacific Beach living done right!

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

39C
Est. Monthly Rent
$2,426
Monthly Cashflow

Rent − PITIA

$-909
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,800

Mortgage (P+I)
$2,018
Cap Rate
0.66%
Cash-on-Cash
-27.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$4,763

NOI (Annual)
$2,616
Price-to-Rent

Lower = better for investors

13.7

* 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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