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$ 3,300,000
Est. payment | /mo
10 Beds
10 Baths
5,068 SqFt
$ 3,300,000
Est. payment | /mo
10 Beds
10 Baths
5,068 SqFt
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,068 sqft
Price per Sqft $651
MLS Listing ID 260026986
Bedrooms 10
Full Baths 10
Lot Size 9,375 Sqft
Property Sub-Type Com-Res Income
Property 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.
Location
State CA
County San Diego
Area Coastal South
Interior
Fireplace No
Exterior
View Y/N No
Total Parking Spaces 12
Building
Story 2
Others
Senior Community No
Tax ID 416-402-12-00

Listed by Dylan E Wright, DRE#01411216 MD Real Estate, Inc
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