NOT LISTED FOR SALE

2045 Diamond St San Diego, CA 92109

Pacific Beach Neighborhood
6 Beds
3 Baths
2,500 Sq Ft
6,359 Sq Ft Lot

Last Sold January 20, 2021

Last sale price $1,348,000 $539 Per Sq Ft

35 Days on Market

About This Home

As of January 2021

Pacific Beach is San Diego's premier urban beach with its vibrant day and night life. Diamond St captures the great proximity to the beach while being just off the beaten path to offer the queit enjoyment of a suburban location. This triplex is being offerred "as is, where is" for a new owner to come in move the property in the direction they want. The house up front has both a large front and back yards. Time to bring the yards into the full living experience. The house also has a garage. The garage for the front house has a washer/dryer as well. The back duplex are identical except for where the front door enters. The downstairs was cleaned up with original kitchens and bathroom and looks great. That tenant has a huge exclusive use yard area. This could be enhanced - maybe a trellis for shade and a gas hookup for a bbq. Each back unit has one car parking off the alley. Maybe change those to tandem spots? Bring your creativity and create a great property to hold.

Last Agent to Sell the Property

Rick Thornton

Cal-Prop Realty, Inc. License #00961311 Listed on: 09/29/2020

Last Buyer's Agent

Rick Thornton

Cal-Prop Realty, Inc. License #00961311 Listed on: 09/29/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,359 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 416-541-07-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $48,468

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Morrell
  • Neighborhood: Pacific Beach
  • Supplement: The garage for the front house has a washer/dryer as well. The back duplex are identical except for where the front door enters. The downstairs was cleaned up with original kitchens and bathroom and looks great. That tenant has a huge exclusive use yard area. This could be enhanced - maybe a trellis for shade and a gas hookup for a bbq. Each back unit has one car parking off the alley. Maybe change those to tandem spots? Bring your creativity and create a great property to hold.
  • LP / Sq Ft: 27.05
  • Stories: 2 Story
  • Sale Price List Price: 0.93
  • Total Stories: 2
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Community: PACIFIC BEACH
  • Manager Name: Cal-Prop
  • Manager Phone: 858-227-7767

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 416-541-07-00
  • Estimated Lot Dimensions: 50X125
  • Estimated Lot Sq Ft: 6359
  • Estimated Number of Acres: 0.14

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 48468
  • Annual Expense Actual: 20772
  • Annual Expense Projected: 32000
  • Gross Rent Multiplier Actual: 20.9
  • Gross Rent Multiplier Projected: 16.9
  • Gross Sched Income Actual: 69240
  • Gross Sched Income Projected: 85560
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $1,348,000 -7.0% $539 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $1,449,000 -- $580 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rick Thornton

    Seller's Agent in 2021

    Rick Thornton

    Cal-Prop Realty, Inc.

    (858) 922-3177

    3 in this area

    37 Total Sales

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Map

Source: San Diego MLS

MLS Number: 200046814

San Diego MLS

APN: 416-541-07-00

California San Diego County San Diego 92109 Pacific Beach

2045 Diamond St, San Diego, CA

This home is located at 2045 Diamond St, San Diego, CA 92109 since 29 September 2020. This property was built in 1950. 2045 Diamond St is a home located in San Diego County with nearby schools including Sessions Elementary School, Pacific Beach Middle, and Mission Bay High School.

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