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Sold for $2,200,000
  • Listed by: Compass • Kurtney Wolters Noonan • Contact: 619-508-5878
    Bought with: PROPR Real Estate Inc.
    $2,200,000

    2048-50 Diamond St, San Diego, CA 92109

    21beds
    15baths
    2,568sqft
    Multi Family
    Built in 1957
    -- sqft lot
    $2,510,200 Zestimate®
    $857/sqft
    $3,994 Estimated rent

    Home value

    $2,510,200

    $2.28M - $2.76M

    $3,994/mo

    Zestimate® history
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    $13,941/mo

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    What's special

    Highly upgraded 3-unit property in the heart of Pacific Beach with a current annual income of $158,100. Rarely available SINGLE LEVEL tri-plex on the coast within walking distance to the beach, bay, dining, shops, and more! Beautiful units ALL WITH THEIR OWN PRIVATE-GATED YARDS, new kitchens, baths, windows, doors, flooring, designer paint, lighting, and off-street parking for 4 + cars. Incredible investment opportunity with $13,175 a month rental income at $158,100 a year. The front detached house at 2050 Diamond offers 3/2 luxury living (rented at $5225 a month) + attached furnished studio (rented at $3200 a month) + back detached home 2048 Diamond with 3/2 living (rented at $4750 a month)! This is a GEM of a property - a perfectly positioned investment for the most discriminating buyer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kurtney Wolters Noonan DRE #01315797 619-508-5878,

    Compass,

    Erin Johnson DRE #02031813 858-603-3018,

    Compass

    Bought with:

    Jeremy Dentt, DRE #01476724

    PROPR Real Estate Inc.

    Source: CRMLS,MLS#: NDP2304074MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 15
    Heating
    • Electric
    Appliances
    • Included: Freezer, Refrigerator
    • Laundry: Inside
    Features
    • Has fireplace: No
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 2,568
    • Total interior livable area: 2,568 sqft

    Property

    Parking
    • Total spaces: 4
    • Uncovered spaces: 4
    Features
    • Entry location: Front
    • Pool features: None
    Lot
    • Size: 6,250 Square Feet
    • Features: Front Yard
    Details
    • Parcel number: 4164602100
    • Zoning: R3 - Restricted Multiple
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Curbs, Dog Park, Park, Sidewalks
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $857/sqft
    • Tax assessed value: $2,264,400
    • Annual tax amount: $28,898
    • Date on market: 5/31/2023
    • Listing terms: Cash,Conventional,1031 Exchange
    • Total actual rent: 158100

    Price history

    DateEventPrice
    11/17/2023Sold$2,200,000-0.9%$857/sqft
    Source: Agent Provided Report a problem
    8/30/2023Sold$2,220,000-7.3%$864/sqft
    Source: CRMLS #NDP2304074 Report a problem
    8/17/2023Pending sale$2,395,000$933/sqft
    Source: CRMLS #NDP2304073 Report a problem
    8/1/2023Price change$2,395,000-9.3%$933/sqft
    Source: CRMLS #NDP2304073 Report a problem
    7/6/2023Price change$2,640,000-7.4%$1,028/sqft
    Source: CRMLS #NDP2304073 Report a problem
    6/1/2023Listed for sale$2,850,000+179.4%$1,110/sqft
    Source: CRMLS #NDP2304073 Report a problem
    5/5/2004Sold$1,020,000+137.2%$397/sqft
    Source: Public Record Report a problem
    3/6/2000Sold$430,000$167/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,898 +5.8%$2,264,400 +2%
    2024$27,304 +59.5%$2,220,000 +59.3%
    2023$17,116 +2.7%$1,393,902 +2%
    2022$16,660 +0.7%$1,366,572 +2%
    2021$16,546 +1.2%$1,339,778 +1%
    2020$16,346 +2.1%$1,326,041 +2%
    2019$16,016 +6.7%$1,300,041 +2%
    2018$15,008 +2.4%$1,274,551 +2%
    2017$14,651 +1.6%$1,249,561 +2%
    2016$14,419 +1.5%$1,225,061 +1.5%
    2015$14,206 +1.6%$1,206,661 +2%
    2014$13,982 $1,183,025 +0.5%
    2013-- $1,177,679 +2%
    2012-- $1,154,588 +2%
    2011-- $1,131,950 +0.8%
    2010-- $1,123,491 -0.2%
    2009-- $1,126,161 +2%
    2008-- $1,104,080 +2%
    2007-- $1,082,432 +2%
    2006-- $1,061,208 +2%
    2005-- $1,040,400 +123.8%
    2004-- $464,836 +1.9%
    2003-- $456,318 +2%
    2002-- $447,372 +2%
    2001-- $438,600
    Find assessor info on the county website

    Neighborhood: Pacific Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,510,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,510,200