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
Status ACTIVE
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

Community: PACIFIC BEACH
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: 4400
Unit 2 Deposit: 10520
Unit 2 Projected Rent: 12040
Unit 2 Rent Actual: 10520

Additional

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
©2019 Sandicor, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from San Diego Multiple Listing Service (SDMLS). The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated on Saturday, March 23rd, 2019 04:03:54 AM.

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