1065 Diamond St, San Diego, CA 92109

Property Description

Pacific Beach, The best urban beach in Southern California, from Tourmaline Surfing Beach to Mission Beach lies three miles of boardwalk and beach with a year round access to the unparalleled San Diego weather. The activities are too many to list from surfing and boogie boarding, volleyball and Frisbee to wakeboarding/jet skiing/kayaking on Mission Bay or biking the recently completed around the 19 mile Mission Bay bike path. Check out Belmont Park, ride the Giant Dipper, take a . . . short trip to La Jolla, Mission Beach or Ocean Beach or just walk the Garnet shopping district or wait for sunset to walk Crystal Pier or walk to dabble in the night life! Great near beach location with fantastic unit mix for beach area tenants. Front cottage is quaint and folksy and tenants like having no common walls with others. The back building has a vintage two bedroom upstairs with load of light, modern styling and a private deck that expands the space of the unit. Two lower units are studios and studios in the beach are in the highest demand to accommodate the variety of beach workers, students and others looking to maximize lifestyle on a budget. • This is a great buy and hold. The demographic surge for the next fifteen years will make all apartment properties and anything close to the beach very valuable. • Renovate the units to maximize rental income and tenant quality. • Great low priced four-plex this close to the beach. One parking per unit. • New high quality staircase for the back upstairs unit. New fence on the east side. • Low to NO maintenance yard keeps expenses down. Pitch roof on the back building. New roof on front cottage in 2010. • Owner will accommodate rent increases in escrow per Buyer’s schedule after deposit is hard. These are four legal units. There is NO garage conversion. Neighborhoods: Pacific Beach Exterior: Wood/Stucco Other Fees: 0 Unit # for Unit 1: 1065 Unit # for Unit 2: 1067 Unit # for Unit 3: 1065.5 Unit # for Unit 4: 1067.5 Num...