1885 Diamond Street
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1885 Diamond Street #323

D

San Diego, CA 92109

$709,999
NEW — 0d

Soft Appraisal Value: $690,300 · 2.9% above estimate

Beds

2

Baths

2

Sqft

1,033

Year Built

1975

Days on Market

0

Property Type

Condo

HOA/mo

$878

MLS ID

PTP2603704

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

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About This Property

This is the best unit in the entire Plaza! Best location, best layout, and so much natural light. This top-floor unit has 12.5-foot vaulted ceilings, large dual primary bedrooms, and an open floor plan that makes the home feel huge. The location inside the building is one of the quietest, with quick access to all the amenities, the street, and the parking garage. The kitchen is open, with plenty of counter space and cabinetry. The private covered patio overlooks the pool and is large enough for a sitting area to relax. This home includes an in-unit laundry dryer and an attic for extra storage space. The Plaza is known for its resort-style amenities: 4 pools, 4 spas, 5 lighted tennis courts, a fully equipped gym, saunas, a cinema room, a billiards room, multiple grills and outdoor eating areas, its own private lagoon, gated entrance, and security. This home has a Walk Score of 90/100, with the beach, Mission Bay, and Kate Sessions Park all a mile or less away. Walking distance to Vons, Trader Joe's, CVS, and dozens of restaurants. Within 15 minutes to La Jolla, Sunset Cliffs, Downtown, Balboa Park, and the airport. This is the perfect San Diego lifestyle.

Mortgage Calculator

Est. Monthly Payment

$5,385

Principal & Interest$3,590
Property Tax$710
Insurance$207
HOA$878
%($142,000)
%

Location

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Investment Score

24D
Est. Monthly Rent
$3,564
Monthly Cashflow

Rent − PITIA

$-1,821
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,233

Mortgage (P+I)
$3,590
Cap Rate
0.60%
Cash-on-Cash
-27.32%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$7,762

NOI (Annual)
$4,291
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.

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