1855 Diamond St

1855 Diamond St #5-218

D

San Diego, CA 92109

$499,000
NEW — 3d on market

Soft Appraisal Value: $694,900 · 28.2% below estimate

Beds

1

Baths

1

Sqft

653

Year Built

1975

Days on Market

3

Property Type

Condo

HOA/mo

$808

MLS ID

NDP2603191

View on MLS

Description

Beautifully updated and remodeled home at The Plaza, an iconic building with lush gardens and a tropical flair. This home offers a spacious layout with a private balcony, serene pool views and lush tropical surroundings. Recently renovated with a modern kitchen and bath, updated flooring and cabintry, 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 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. Welcome to your tropical paradise.

Mortgage Calculator

Est. Monthly Payment

$3,976

Principal & Interest$2,523
Property Tax$499
Insurance$146
HOA$808
%($99,800)
%

Investment Score

0D
Est. Monthly Rent
$2,260
Monthly Cashflow

Rent − PITIA

$-1,716
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,652

Mortgage (P+I)
$2,523
Cap Rate
-0.31%
Cash-on-Cash
-31.89%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$5,704

NOI (Annual)
$-1,544
Price-to-Rent

Lower = better for investors

18.4

* 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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