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834-838 Diamond St
San Diego, CA 92109
MPL Diamond · Build-to-Rent Property For Sale
·
5 Units
PROPERTY FACTS
| No. Units | 5 | Total Plot Size | 0.14 ac |
| Property Type | Build-to-Rent | Property Size | 5,000 sq ft |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Costar Property Class | C | Parking Allocation | 1/1,000 sq ft |
| Use Class | RM-1-1, San Diego | ||
| No. Units | 5 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.14 ac |
| Property Size | 5,000 sq ft |
| No. Floors | 2 |
| Year Built | 1957 |
| Parking Allocation | 1/1,000 sq ft |
| Use Class | RM-1-1, San Diego |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
SITE AMENITIES
- Courtyard
- Laundry Facilities
ABOUT 834-838 DIAMOND ST , SAN DIEGO, CA 92109
VERY RARE OPPORTUNITY – 1 Block to Ocean/5 Units - to purchase a very well maintained 2BR/1BA detached home (perfect for owner residence) w/4 additional units of 2BR/1BA each, w/2 single-car garages + 3 parking spaces. Property is located a few steps from PB Boardwalk, Law St Beach, La Jolla Tourmaline Surf Beach & Crystal Pier. This high-demand rental property in desirous N Pacific Beach neighborhood is walking distance to beaches, pier, restaurants, shopping, entertainment & public transportation – Walk Score of 89! All units recently remodeled. House & downstairs units have hardwood & tile floors. Upstairs units carpeted due to noise considerations. Street appeal & yard maintenance were greatly improved by removing a deteriorated fence, installing artificial grass, flowers, a second curving sidewalk & providing a table/benches for the large community BBQ area. Original 2 car Garage was converted into two separate 1 car Garages. Other Health & safety corrections were instituted. Important mechanical issues were addressed, including, gutters & grading allowing the crawlspace to remain dry, replaced nearly the entire drain system, removed old floor heaters and replaced with wall units, installed all new water conservative toilets. A new washer & dryer were installed, making the units much easier to rent and providing additional $125 average per month income. Existing management/maintenance team ready to continue the success with the new owner. Start receiving income instantly! This is a Prime Investment Opportunity in One of the Best Beach Locations in San Diego!
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 2+1 | 5 | £2,300 | 900 - 1,400 |
PROPERTY TAXES
| Parcel Number | 415-532-16 | Improvements Assessment | £404,085 |
| Land Assessment | £1,706,521 | Total Assessment | £2,110,606 |
PROPERTY TAXES
