Sold
870 Diamond
Pacific Beach CA, 92109
$11,250,000
$641.14 per sqft
Sold
4 Beds
17,547 sqft
Commercial
Pleased to offer for sale, for the first time ever since its construction, 870 Diamond Street, a 22 unit apartment property located just 2 blocks from the beach in desirable Pacific Beach, within its coveted northwest quadrant. Attractive Seller Financing is offered with this sale. Built in 1972, held and meticulously maintained by the same family as its original architect and developer (Henry F. Bugenhagen) for over fifty years since, this is a very rare opportunity. The unit mix consists of: 13 x 1Br/1Ba units; 3 x 1Br/1.5Ba units; and 6 x 2Br/2Ba units, each with its own generously sized private patio or balcony, some with peek ocean views. There are twenty two (22) off-street parking spaces, six of which are covered. Many units have been updated with vinyl plank flooring in kitchens and bathrooms, newer cabinetry, quartz countertops, and newer white appliances (incl. dishwasher). The building is serviced by a central elevator, two stairwells, and there are multiple controlled access ground floor entry points. Each floor (3) has its own laundry room with owned equipment. Interior hallways have a fire monitoring system and fresh air duct system. Electricity for the building is separately metered, while gas is on a master meter that powers the central recirculating boiler and hot water tank.
240012492
MLSⓇ ID
June 3, 2024
Listed
August 23, 2024
Updated
Map
870 Diamond
Pacific Beach CA, 92109
Interior Features
Total Stories
3
Bedrooms
4
Appliances
Dishwasher, Range, Refrigerator
Laundry Description
Owned
Floor Description
Concrete, Vinyl, Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Radiant
Exterior/Building Features
Roof
Tar/Gravel
Other Property Details
Area Name
Coastal South
Days on Market
22
Garage
No
Parking
Carport, Spaces
Parking Total
22
View
No
County
San Diego
Pool
No
Zoning
RM-1-1
Listing History
Date | Event | Price |
---|---|---|
8/9/2024 | Sold | $11,250,000 |
6/22/2024 | Pending | — |
Listed by Palma Commercial, Joseph A Burrough,
Listing Contact: 858-822-9222
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