1885 Diamond St
1 / 20

1885 Diamond St #2-222

D

San Diego, CA 92109

$369,000
NEW — 2d on market

Soft Appraisal Value: $362,300 · 1.8% above estimate

Beds

1

Baths

1

Sqft

420

Year Built

1975

Days on Market

2

Property Type

Condo

HOA/mo

$726.53

MLS ID

260008481SD

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

Virtual Tour

About This Property

Affordable coastal living in the heart of Pacific Beach. VA approved! Resort-style studio at The Plaza delivers exceptional value w/ a full kitchen, secure parking space #137 in a gated garage & an oversized 5 ft X 7 ft patio overlooking the pool/courtyard on the quiet side of the building. Walk to dining, shopping, nightlife along Garnet Ave. Enjoy easy access to the beach less than 2 miles away. To create immediate financial advantage, w/ a full price offer, Seller offering Buyer $10,000 total credit toward HOA dues & closing costs. (suppl) Inside, the thoughtfully designed layout lives larger than expected, featuring a spacious entry ideal for storage, a full-size kitchen with eat-at bar, and an open living area with flexibility for sleeping, living, and work-from-home zones. Recent upgrades include a new electric panel, updated bathroom with quartz counters and modern finishes, and upgraded lighting throughout. The Plaza is known for its unmatched amenities, including 4 pools, 5 tennis courts, gym, sauna, community theater/ library/ and common area spaces surrounded by beautifully maintained grounds that create a true resort-style environment. Whether you're a first-time buyer, active duty military, investor, or looking for a low-maintenance beach retreat, this is one of the most compelling value opportunities in all of Pacific Beach.

Mortgage Calculator

Est. Monthly Payment

$3,069

Principal & Interest$1,866
Property Tax$369
Insurance$108
HOA$727
%($73,800)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$1,856
Monthly Cashflow

Rent − PITIA

$-1,213
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,948

Mortgage (P+I)
$1,866
Cap Rate
-0.27%
Cash-on-Cash
-31.67%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$4,386

NOI (Annual)
$-983
Price-to-Rent

Lower = better for investors

16.6

* 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.

Get Expert AnalysisOpen Full Calculator