17
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$1,699,000
Est. payment /mo
6,300 Sqft Lot
New
1367 Diamond #1 San Diego, CA 92109
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Pacific Beach
MLS Listing ID 260021723
Lot Size 6,300 Sqft
Property Sub-Type Lots/Land
Property Description
PRIME DEVELOPMENT GEM at the Heart of Pacific Beach! 4-UNIT! PERMITS PENDING! Unrivaled yield potential! Exceptional opportunity for infill developers and savvy investors to capitalize on maximum coastal density with a massive head start. All heavy lifting and upfront holding costs have been eliminated: old structure demolished, site cleared, premium architectural plans engineered and submitted, pending permit approval! Designed for maximum rental yield and marketability, the masterfully proposed project features 4 total units across two sleek duplexes, 975 sq ft each; and each duplex has an ADU of 830 st ft, yielding 4 highly desirable 2BR/2.5BA units with 9ft ceilings, open-concept layouts, and 4 dedicated on-site parking spaces via alley access. Per zoning guidelines, 1 unit will be designated as affordable housing, unlocking incredible local density incentives while still delivering three market-rate units primed for top-tier coastal rents. Prime flat lot with street and alley access, located just minutes, couple blocks to Trader Joe's, PB Rec Center, Garnet Ave shops & dining, Sail Bay, and the ocean. Bypass 12–18+ months of entitlement delays and demo hassles—bring your builder and hit the ground running on day one! Rare opportunity!
Location
State CA
County San Diego
Area Coastal South
Direction PB area; nearest major intersection Diamond & Gresham.
Interior
Fireplace No
Exterior
Fence Full
Utilities Available Cable TV, Electric, Natural Gas, Telephone
View Y/N No
Present Use Residential
Others
Senior Community No
Tax ID 416-481-09-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Emma Thao Buchman, DRE#01875090 Coldwell Banker Realty
NEARBY SCHOOL & BUSINESS
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