1367 Diamond , San Diego, CA 92109
$1,599,000
Est. Payment: $8,722.06/mo
0.14 Acres
Status: Active | Days on site: 21
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House Description

PRIME DEVELOPMENT GEM at the Heart of Pacific Beach! Build your dream coastal home or assume the curren 4-UNIT plan with 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! Location! Location! PRIME DEVELOPMENT GEM at the heart of Pacific Beach in San Diego. Immense flexibility! Build your dream coastal home or assume the current 4-unit plan. ATTENTION DEVELOPERS: CYCLE 1 IS 100% COMPLETED! Eliminate the coastal permitting wait. This is an expedited multi-family play with massive momentum. Official City DSD Project Review Status reports (dated Sept 10, 2026) confirm that Cycle 1 is fully finished with critical structural milestones already achieved. Fire-Plan Review, DSD-Noise, and DSD-Historic have officially SIGNED OFF and are completely cleared. Preliminary design is finalized, initial square-footage and master plan fees are fully paid, and the CEQA Notice of Exemption was formally filed on August 3, 2026, completely removing environmental lawsuit risk.The project under Master Construction Record PRJ-1159449 is currently in a routine "Resubmittal Required" state. The City has provided its clear, administrative correction "to-do list" for the final structural loops, expect final building permit issuance soon!

Highlights

Listed by Emma Thao Buchman , 858-335-2086 Coldwell Banker Realty , 949-385-8900. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
0.14

County

San Diego

Area

92109 - Pacific Beach

Neighborhood

Pacific Beach

Listing ID

260021723SD

Questions about this listing?

Contact Agent

Interior Features

Exterior Features

Lot:Level,No Land Lease
Garage Capacity:0
Others:
  • ▪ Additional:Has ADU
Principal Interest
$8,722
Taxes
$1,019

Home Price

$1,599,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$319,800
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:
$8,722.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,722.06 $1,019.36 $0.00 $9,741.42
Yearly $104,664.73 $12,232.35 $0.00 $116,897.08
Total $3,139,942.02 $366,970.50 $0.00 $3,506,912.52

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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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.

IDX service by Blueroof 360

Data last updated: 2026-10-05T01:13:22.000Z

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