1855 Diamond St
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1855 Diamond St #5-124

B

San Diego, CA 92109

$609,000
NEW — 3d

Beds

2

Baths

2

Sqft

1,032

Year Built

1975

Days on Market

3

Property Type

Condo

HOA/mo

$878

MLS ID

260015436SD

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

About This Property

Step into this refreshed, sunlit 2-bedroom, 2-bath condo in the heart of Pacific Beach! Enjoy the expansive private balcony where you can savor peaceful mornings or catch SeaWorld fireworks during summer evenings. Designed with dual primary suites positioned on opposite sides for ultimate privacy, each bedroom boasts ample closet space and updated bathrooms. The wood-look flooring flows seamlessly through the home, complementing the bright, neutral galley kitchen with abundant storage. A built-in buffet adds functionality and charm to the main living area. Nestled within the secure and well-maintained Plaza complex, this home offers resort-style amenities that include multiple pools and spas, a fitness center, tennis courts, a billiards room, and a serene lagoon surrounded by lush mature landscaping. The community is securely gated and provides 24/7 security for added peace of mind. With 2 reserved parking spots and convenient shared laundry facilities, this condo is perfectly suited for effortless living. For visualization purposes, some images have been virtually staged to showcase the potential of this space. Located just 10 blocks from the beach and minutes from local favorites like Trader Joe’s, Kate Sessions Park, and an array of eclectic shops and cafes, this condo places you at the heart of vibrant Pacific Beach living. Whether you're biking along Mission Bay, exploring the bustling boardwalk, or relaxing at the nearby parks, this neighborhood delivers the quintessential Southern California lifestyle. Embrace the perfect blend of coastal charm and urban convenience in this vibrant community!

Mortgage Calculator

Est. Monthly Payment

$4,744

Principal & Interest$3,079
Property Tax$609
Insurance$178
HOA$878
%($121,800)
%

Location

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Investment Score

31C
Est. Monthly Rent
$3,350
Monthly Cashflow

Rent − PITIA

$-1,394
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,672

Mortgage (P+I)
$3,079
Cap Rate
0.80%
Cash-on-Cash
-26.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$6,821

NOI (Annual)
$4,884
Price-to-Rent

Lower = better for investors

15.1

* 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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