1812 Diamond St

    San Diego, CA 92109
    • $2,050,000
    • STATUS: ACTIVE
    • ON SITE: 69 days
    • ID#: 190002245
    UPDATED: 43 min ago
    $2,050,000
    • 9
      BEDS
    • N/A
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 3,500
      SQFT
    • $586
      $/SQFT
    Neighborhood:
    N/A
    Type:
    Multi-Family
    Built:
    1995
    County:

    School Ratings & Info

    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!***

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/90769838

    1812 Diamond St San Diego, CA 92109

    • Price: $2,050,000
    • Status: ACTIVE
    • Updated: 43 min ago
    • ID#: 190002245
    9
    Beds
    5
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,500
    SQFT
    $586
    $/SQFT
    1995
    Built
    Neighborhood:
    N/A
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    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!***
    Exterior Features

    Exterior Stucco Fencing Partial Roof Tile/Clay Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 2 Units With Patios 2

    Interior Features

    Cooling N/K Furnished Units 2 Half Baths Unit1 0 Half Baths Unit2 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 3 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

    Property Features

    Actual Cap Rate 5.27 Age Restrictions N/K Annual Expense Actual 71036 Annual Expense Projected 83872 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0 Community Pacific Beach Complex Park N/A Cross Streets Lamont St Gross Rent Multiplier Actual 11.45 Gross Rent Multiplier Project 8.79 Gross Scheduled Income Actual 179040 Gross Scheduled Income Project 233280 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 149408 Other Fees 0 Other Income Actual 0 Projected Cap Rate 7.29 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Other/Remarks Terms CashConventionalSeller May Carry Unit Number For Unit1 1812 Unit Number For Unit2 1814 Unit1 Deposit 4400 Unit1 Occupied Tenant Unit1 Projected Rent 7400 Unit1 Rent Actual 4400 Unit2 Deposit 10520 Unit2 Occupied Tenant Unit2 Projected Rent 12040 Unit2 Rent Actual 10520 Vacation Rental By Owner Yes Water District City Of San Diego

    Listing provided courtesy of Marcus & Millichap. Listing information © 2019 San Diego MLS, Inc.
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101