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1885 Diamond St 235, San Diego, California 92109, San Diego, 92109 - 1 bed, 1 bath

1885 Diamond St 235, San Diego, California 92109 home-pic-0
ACTIVE$380,000
1885 Diamond St 235, San Diego, California 92109
1Bed
1Bath
653Sqft
428,219Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Location: Situated in desirable Pacific Beach, offering excellent walkability to local restaurants and shopping, enhancing lifestyle and convenience.
Top Cons:
Substantial Monthly Association Fee: The $707.0 monthly association fee is relatively high for a 1-bedroom unit, impacting overall affordability and cash flow for owners.

Compared to the nearby listings

Price:$380.0K vs avg $872.5K ($-492,500)3%
Size:653 sqft vs avg 938.5 sqft27%
Price/sqft:$582 vs avg $9091%

More Insights

Built in 1975 (50 years old).
Condition: The property, built in 1975, is move-in ready due to significant recent updates. It features new luxury vinyl plank flooring throughout and newer kitchen appliances (fridge and stove). The bathroom also shows updated mirrors and lighting. While the kitchen cabinets, countertops, and bathroom vanity/shower retain a more dated style, their condition appears clean and functional, indicating a well-maintained unit with key cosmetic and functional improvements, aligning with the 'Good' score criteria for properties with some recent updates but not a full, extensive renovation.
Year Built
1975
Close
-
List price
$380K
Original List price
$465K
Price/Sqft
$582
HOA
$707
Days on market
-
Sold On
-
MLS number
250039206SD
Home ConditionGood
Features
Good View: Pool
Deck
Pool
Spa
ViewPool

About this home

VA Approved! Selling furnished. Owner is selling with furniture which is hardly used and no value given to furniture in purchase price. Priced at rock bottom. Unbiased appraisal within the year at $460k. Owner not returning to San Diego. Was used as a second home and owner hardly came. Claim your spot in wonderful Pacific Beach within walking distance to restaurants and shopping in this resort style gated parking complex at The Plaza! Large 1 bedroom with lots of light and pool views from living room and bedroom. New luxury vinyl plank throughout. Newer fridge and stove. This is a great place to call home and or place to get away and visit San Diego in this gated community. Minimum 30 day rentals. Amenities to include lake & water features, billiard, ping pong, library, theatre, club room, gym, spa, 5 tennis courts, 4 pools and spas through out complex. Community offers lots of extracurricular community building events. Everyone needs to live in Pacific Beach at least once in their life!

Nearby schools

7/10
Crown Point Jr Music Academy
Public,•K-5•0.7mi
6/10
Pacific Beach Middle School
Public,•6-8•0.3mi
6/10
Mission Bay High School
Public,•9-12•0.7mi
Condition Rating
Good
The property, built in 1975, is move-in ready due to significant recent updates. It features new luxury vinyl plank flooring throughout and newer kitchen appliances (fridge and stove). The bathroom also shows updated mirrors and lighting. While the kitchen cabinets, countertops, and bathroom vanity/shower retain a more dated style, their condition appears clean and functional, indicating a well-maintained unit with key cosmetic and functional improvements, aligning with the 'Good' score criteria for properties with some recent updates but not a full, extensive renovation.
Pros & Cons

Pros

Exceptional Location: Situated in desirable Pacific Beach, offering excellent walkability to local restaurants and shopping, enhancing lifestyle and convenience.
Comprehensive Resort-Style Amenities: The complex boasts an impressive array of amenities including multiple pools, spas, tennis courts, gym, and various recreational facilities, fostering a resort-like living experience.
VA Approved & Furnished Offering: The property is VA approved, broadening the buyer pool, and comes furnished, providing immediate move-in readiness or rental convenience.
Recent Interior Upgrades: Features modern updates such as new luxury vinyl plank flooring throughout and newer kitchen appliances (fridge and stove), reducing immediate renovation needs.
Strong Investment & Value Proposition: Allows for minimum 30-day rentals, offering income potential, and is currently priced significantly below a recent unbiased appraisal of $460k, indicating potential for immediate equity.

Cons

Substantial Monthly Association Fee: The $707.0 monthly association fee is relatively high for a 1-bedroom unit, impacting overall affordability and cash flow for owners.
Building Age: Constructed in 1975, the building is older, which may imply potential for future maintenance or capital improvement costs for common areas, despite interior updates.
Limited Unit Size: As a 1-bedroom, 653 sqft unit, it caters to a specific demographic, potentially limiting its market appeal compared to larger properties.

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