1760 DIAMOND ST San Diego CA 92109-3391

MAJOR PRICE IMPROVEMENT!!! & VALUE ADD POTENTIAL!!! New Pro Forma Cap Rate of 4.05%(Current 3.13%) Many of the units are currently under market rent, allowing new owner to capture additional rental increases from new tenants. Best unit mix in Pacific Beach, consisting of 10 units, (6 - 3 bedrooms, 2.5 Baths) and ( 4 - 2 bedrooms, 2 baths)

This is a rare opportunity for an investor to enjoy a stream of income in a highly desirable area, the best location in Pacific Beach. Centrally located and close to Beach, Bay & shopping. Dedicated garage parking for every unit. All units have washers and dryers and storage.

Pacific Beach, generally known as the best urban beach in Southern California, from Tourmaline Surfing Beach to Mission Beach has three miles of boardwalk and beach with a year round access to the unparalleled San Diego weather. Activities are too many to list from surfing and boogie boarding, volleyball and Frisbee to wakeboarding/Jet skiing/sailing/kayaking on Mission Bay or Ocean Beach or just walk the Garnet Shopping District or waiting for sunset to walk Crystal Pier. Bike the recently completed 19 mile Mission Bay path or simply enjoy the nightlife.