1855 Diamond Street
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1855 Diamond Street #126

C

San Diego, CA 92109

$449,900
NEW — 1d

Soft Appraisal Value: $490,600 · 8.3% below estimate

Beds

1

Baths

1

Sqft

653

Year Built

1975

Days on Market

1

Property Type

Condo

HOA/mo

$802

MLS ID

PTP2603540

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

Virtual Tour

About This Property

FULLY UPDATED PACIFIC BEACH CONDO. RESORT STYLE AMENITIES. PRIVATE PATIO. SECURED GARAGE PARKING! PRIME COASTAL LOCATION. Welcome to 1855 Diamond St #126, located in the highly desirable Plaza complex in the heart of Pacific Beach. This beautifully updated one bedroom, one bath condo combines modern upgrades with an unbeatable coastal lifestyle just minutes from the beach, bay, shopping, dining, and entertainment. The home features upgraded flooring, fresh interior paint, and a remodeled kitchen complete with updated countertops, cabinetry, sink, faucet, and stainless steel appliances. The bright and open living space flows seamlessly to a private patio, creating the perfect setup for relaxing or entertaining guests. The bathroom has been tastefully refreshed with modern finishes, while updated lighting throughout the unit adds a clean and contemporary feel. Tucked within a quieter section of the community, Unit #126 offers added privacy and comfort rarely found in Pacific Beach condo living. The Plaza is known for its resort style amenities including secured entry, 24 hour security, multiple pools and spas, tennis courts, a fitness center with sauna, billiards room, movie room, library, barbecue areas, and beautifully maintained indoor and outdoor lounge spaces overlooking the lagoon fountain. The unit also includes an assigned parking space in the secured garage with convenient nearby access.

Mortgage Calculator

Est. Monthly Payment

$3,658

Principal & Interest$2,275
Property Tax$450
Insurance$131
HOA$802
%($89,980)
%

Location

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Investment Score

37C
Est. Monthly Rent
$2,635
Monthly Cashflow

Rent − PITIA

$-1,023
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,004

Mortgage (P+I)
$2,275
Cap Rate
0.72%
Cash-on-Cash
-26.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$5,237

NOI (Annual)
$3,254
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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