1367 Diamond 1, PACIFIC BEACH, CA

$1,699,000

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About 1367 Diamond 1

PRIME DEVELOPMENT GEM at the Heart of Pacific Beach! 4-UNIT! 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!

Features of 1367 Diamond 1

MLS® # 260021723
Price $1,699,000
Type Land
Sub-Type Lots/Land
Status Active

Community Information

Address 1367 Diamond 1
Area San Diego (92109)
Subdivision PACIFIC BEACH
City PACIFIC BEACH
County San Diego
State CA
Zip Code 92109

Amenities

Utilities Cable TV,Electric,Natural Gas,Telephone
Is Waterfront No
Has Pool Yes

Interior

Fireplace Yes

Additional Information

Date Listed September 8th, 2026
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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