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Jenn Smart

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1562 Diamond St , San Diego, CA 92109
$3,300,000
Est. Payment: $7,333.33/mo
0.22 Acres
Status: active | Days on site: 1
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SAND-992394 - SAND-669992
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House Description

The Palms on Diamond is a distinctive 1980-built, six-unit multifamily property located at 1562 Diamond Street in the heart of Pacific Beach. Situated on an oversized 9,375-square-foot lot, the property consists of four spacious two-bedroom/two-bath residences complemented by two one-bedroom/one-bath cottage-style units. The four larger residences have been remodeled and feature in-unit laundry, while the two cottages are well maintained and offer future modernization potential. One cottage is incorporated into the primary structure, while the second is a standalone residence, enhancing the property's residential character. Records indicate approximately 5,068 square feet of total building area. Private outdoor areas and abundant parking further distinguish the property. Five of the six residences enjoy private decks or patios, while parking includes eight rear surface spaces, two front spaces, and a double garage. Recent capital improvements include extensive exterior wood replacement and repairs, a new roof, and a contemporary black-and-white exterior paint scheme. Additional features include a completed SB 721 inspection and a six-unit condominium plan with accompanying CC&Rs recorded in 1980. Located west of Ingraham Street, The Palms on Diamond offers convenient access to the beach, shopping, dining, and neighborhood amenities, including nearby Trader Joe's and Vons.

Highlights

Listed by Dylan Wright , 619-255-3233 MD Real Estate, Inc , CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.22

County

San Diego

Area

92109 - Pacific Beach

Listing ID

260026986SD

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Interior Features

Exterior Features

Lot:No Land Lease
Garage Capacity:12
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$7,333
Taxes
$2,104

Home Price

$3,300,000

Loan Details

30 yrs
0%

Down Payment

20%
$660,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,333.33 $2,103.75 $0.00 $9,437.08
Yearly $88,000.00 $25,245.00 $0.00 $113,245.00
Total $2,640,000.00 $757,350.00 $0.00 $3,397,350.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

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Data last updated: 2026-11-15T17:36:11.000Z

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