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    2045-49 Diamond St

    San Diego, CA 92109
    • $1,449,000
    • STATUS: ACTIVE
    • ON SITE: 24 days
    • ID#: 200046814
    $1,449,000
    • 6
      BEDS
    • 0.14
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,500
      SQFT
    • $580
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    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.

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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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/110503804
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    2045-49 Diamond St San Diego, CA 92109

    • Price: $1,449,000
    • Status: ACTIVE
    • ID#: 200046814
    6
    Beds
    3
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,500
    SQFT
    $580
    $/SQFT
    1950
    Built
    Neighborhood:
    Pacific Beach
    County:
    San Diego
    Area:
    Pacific Beach (92109)
    Property Description
    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.
    Exterior Features

    Exterior Stucco Fencing Full Lot Dimensions Approx 50X125 Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 0

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 0

    Property Features

    Actual Cap Rate 3.3 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 20772 Annual Expense Projected 32000 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Pacific Beach Complex Park None Cross Streets Morrell Gross Rent Multiplier Actual 20.9 Gross Rent Multiplier Project 16.9 Gross Scheduled Income Actual 69240 Gross Scheduled Income Project 85560 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 53560 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 3.7 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 2045 Unit Number For Unit2 2047 Unit Number For Unit3 2049 Unit1 Deposit 1500 Unit1 Occupied Tenant Unit1 Projected Rent 2750.0 Unit1 Rent Actual 2000.0 Unit2 Deposit 1990 Unit2 Occupied Tenant Unit2 Projected Rent 2190.0 Unit2 Rent Actual 1990.0 Unit3 Deposit 1660 Unit3 Occupied Tenant Unit3 Projected Rent 2190 Unit3 Rent Actual 1780.0

    Listing provided courtesy of Cal-Prop Realty, Inc.. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101