1816 Diamond Street, San Diego, California 92109, San Diego, 92109 - 2 bed, 1 bath
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San Diego, California 92109
This 2BR/1BA Coastal Detached Cottage represents a strategic entry into Pacific Beach, listed at $979,000. While the price is positioned relative to its $911,767 Fair Market Value, the valuation reflects the property's Significant Value-Add Potential and rare detached status on a condominiumized lot. Boasting a Condition Rating of 3, the home is move-in ready with Wide-Plank Flooring and Stone Countertops. Families benefit from Top-Rated Bird Rock Elementary (10/10) and Sessions Elementary (9/10). With Two Large Patios and a Motivated Seller, this is a perfect fit for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1816 Diamond Street Subject | $979,000* List Price | 2 | 1 | 750 | $1,216 | - |
A 1733 Hornblend St Sold | $999,000 | 2 | 1 | 868 | $1,151 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, featuring several key updates that elevate it above a 'fair' rating. The bathroom has been fully renovated with a modern vanity, contemporary lighting, and updated wall tile. The interior features newer wide-plank flooring and fresh paint throughout. While the kitchen retains older oak-style cabinetry and white appliances, it is functional and includes upgraded stone countertops. Additionally, the exterior has been significantly enhanced with artificial turf and modern hardscaping, meeting the criteria for a well-maintained home with updated components.
Elementary School: Bird Rock Elementary School (10/10).
Situated in the heart of Pacific Beach, the property offers exceptional proximity to the ocean, dining, and nightlife, ensuring high rental demand and long-term desirability.
As a detached cottage on a condominiumized lot with expansion potential, this property provides a rare opportunity for investors to increase square footage and build equity.
With only 750 square feet of interior space for a two-bedroom layout, the home may feel restrictive for buyers accustomed to more traditional single-family proportions.
The property is subject to a $325 monthly association fee and shared lot governance, which may impose more restrictions and costs than a standard fee-simple detached residence.
Price Reduced – Motivated Seller | Bring All Offers! Pacific Beach Value-Add Opportunity Located in the heart of Pacific Beach, this 2BR/1BA detached cottage sits at the front of a condominiumized lot, offering future expansion potential and strong upside. The property includes two parking spaces and a fully fenced lot with two large patios, enhancing livability and rental appeal. Ideal for investors, second-home buyers, or those seeking a coastal footprint with room to grow. Just minutes to the Pacific Ocean, shops, dining, and nightlife—this is a prime opportunity to invest in one of San Diego’s most in-demand beach communities.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 3.0 | 11% |
| Square foot | 750 | 1,909 | 4% |
| Lot Size | - | 4,667.5 | 24% |
| Price | $979.0K | $2.25M | 3% |
| Price per sq ft | $1.3K | $1.2K | 57% |
| Built year | 1979 | 1970 | 57% |
| HOA | $325.0 | $0 | 97% |
| Days on market | 61 | 154 | 17% |
Apr 4, 2026
$979,000
$985,000
-1% Price Drop
Initial Listing
Mar 15, 2026
$985,000
$995,000
-1% Price Drop
Initial Listing
Feb 20, 2026
$995,000
Initial Listing
Jun 10, 2021
$2,250,000
Public Record
Dec 23, 1994
$320,000
Public Record