For more information on this property, contact Alexander Pfleger at 858-483-4687 or [email protected]

1812 Diamond St
San Diego, California CA 92109
Price: $2,050,000
Listing ID 190002245
Year Built 1995

Property Description:

Incredible luxury duplex property in Pacific Beach! These two spacious detached units are fully furnished, currently professionally operated as high-end vacation rentals. 4BR/2BA front home features a private outdoor yard with seating area and sleeps 10 guests; the rear 5BR/3BA home features an amazing rooftop patio and accommodates up to 13 guests. Both units have in-unit laundry, modern finishes, and garages. ***SELLER FINANCING MAY BE AVAILABLE!***

Primary Features

Neighborhood: n/a
Complex/Park: n/a
Short Sale: no
Net Operating Income Projected: 149408
Number of Buildings: 2
Number of Units: 2
Tenant Pays: Other/Remarks
Security: N/K
Roof: Tile/Clay
Exterior: Stucco
Cooling: N/K

Interior Features

Levels: 2 Story
Total Stories: 2
Unit 1 Estimated SqFt: 1300
Unit 1 Laundry Hook Ups: Yes
Unit 1 Number of Bedrooms: 4
Unit 1 Number of Full Baths: 2
Unit 1 Number Total Baths: 2
Unit 2 Estimated SqFt: 2200
Unit 2 Laundry Hook Ups: Yes
Unit 2 Number of Bedrooms: 5
Unit 2 Number of Full Baths: 3
Unit 2 Number Total Baths: 3

External Features

Entry Only: no
Fencing: Partial
Lot Size: 4,000-7,499 SF
Unit 1 Exclusive Use Yard: yes
Unit 2 Exclusive Use Yard: yes

Location Information

Cross Street(s): Lamont St
Market Area: Coastal South
Water District: CITY OF SAN DIEGO
Zip/Area: PACIFIC BEACH (92109)

Financial Details

Annual Expense Actual: 71036
Annual Expense Projected: 83872
Assessors Parcel Number: 416-442-20
Cap Rate Actual: 5.27
Cap Rate Projected: 7.29
Gross Rent Multiplier Act: 11.45
Gross Rent Multiplier Projected: 8.79
Gross Scheduled Income Actual: 179040
Gross Scheduled Income Projected: 233280
Sale/Rent: For Sale
Terms: Cash, Conventional, Seller May Carry
Unit 1 Deposit: 4400
Unit 1 Projected Rent: 7400
Unit 1 Rent Actual: 9000
Unit 2 Deposit: 10520
Unit 2 Projected Rent: 12040
Unit 2 Rent Actual: 8000


Age Restrictions: N/K
Association ID: San Diego Association of REALTORS (SDAR)
Number of Furnished Units: 2
Number of Units w/Dryers: 2
Number of Units w/Garage: 2
Number of Units w/Patios: 2
Number of Units w/Range/Oven: 2
Number of Units w/Refrigerator: 2
Number of Units w/Washers: 2
Number Units w/Cooling: 2
Number Units w/Dishwashers: 2
Property Type: 2-4 UNITS
Sales Restrictions: N/K
Unit Number for Unit 1: 1812
Unit Number for Unit 2: 1814
Vacation Rental By Owner: yes

Zoning Info

Listing courtesy of Marcus & Millichap
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