1885 Diamond 308, San Diego, California 92109, San Diego, 92109 - 1 bed, 1 bath
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1885 Diamond 308
San Diego, California 92109
ACTIVE
CONDITION: FAIR
1Beds
1Baths
678Sq Ft
428,219Lot Size
Property Price
LIST PRICE$335,000
EST. MARKET VALUE
$350,337
4% BelowMARKET VALUE
SUMMARY
This Condominium Asset represents a Strong Value Opportunity, listed at $399,000—positioned well below the $400,986 Fair Market Value by 0.5%. Featuring a Fair Condition Rating, this top-floor unit offers significant potential for cosmetic modernization. Residents enjoy resort-style amenities including swimming pools, hot tubs, and tennis courts in a prime Pacific Beach location. With its proximity to retail hubs and coastal access, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add entry into the San Diego market.
Estimated Market Value
$350,337+$15,337 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Diego.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1885 Diamond 308 Subject | $335,000* List Price | 1 | 1 | 678 | $517 | - |
A 1855 Diamond St 301 Sold | $350,000 | 1 | 1 | 653 | $536 | - |
B 1801 Diamond St 324 Pending | $384,000 List Price | 1 | 1 | 653 | $588 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1975 (49 years old) and the listing description lacks any mention of recent interior renovations or upgrades to the kitchen and bath. While the complex is well-maintained, the unit is likely dated and requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in the heart of Pacific Beach, this property offers exceptional walkability to both the ocean and bay, as well as immediate access to major retail hubs like Trader Joe's and Garnet Street.
- Premium Unit Positioning
As a top-floor end unit featuring south-facing clerestory windows, the home enjoys superior natural light, enhanced privacy, and pleasant views overlooking the resort-style courtyard.
- Extensive Resort Amenities
The Plaza Condominiums provide a comprehensive lifestyle package including multiple swimming pools, tennis courts, a gym, and 24-hour secured parking, which adds significant value for residents.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $802.48 is notably high for a one-bedroom unit, which may deter budget-conscious buyers and impact overall monthly affordability.
- Vintage Construction
Built in 1975, the property may require interior modernizations to meet contemporary aesthetic standards and could face higher long-term maintenance needs associated with older infrastructure.
About 1885 Diamond 308
Needs new flooring and paint. Top floor unit overlooking court 2 pool. Great location within the resort style Plaza Condominiums. Very spacious end unit with south facing clerestory windows, lots of storage space and 1 secured parking space. The Plaza boasts many amenities including swimming pools, hot tubs, gym, tennis courts, billiards room, resident lounge, BBQs, mature well maintained landscaping, and secured parking. Located in the heart of Pacific Beach, The Plaza is walking distance to the ocean and bay. The condo is also literally just steps to Garnet St. and great retail such as Trader Joe's, Von’s, Starbucks, restaurants, shopping and more.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1975
- Lot Size
- 428,219 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $802.48 / Month
Neighborhood Insights
San Diego Unified Schools
Crown Point Jr Music Academy
Grades K-5 • 0.7 mi
7/10
Pacific Beach Middle School
Grades 6-8 • 0.3 mi
6/10
Mission Bay High School
Grades 9-12 • 0.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 678 | 1,002.307 |
| Lot Size | 428,219 | 75,574.68 |
| Price | $335.0K | $596.0K |
| Price per sq ft | $494 | $612 |
| Built year | 1975 | 1985 |
| HOA | $802.48 | $529 |
| Days on market | 37 | 55 |
Pricing History
Listed for Sale
Sep 5, 2026
$335,000
$399,000
-16% Price Drop
Initial Listing
Price Change
Aug 4, 2026
$399,000
Initial Listing
Price Change
Aug 3, 2026
$389,000
Initial Listing
Sold
Apr 27, 1995
$83,000
Public Record