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1367 Diamond San Diego, CA 92109
6,298 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Pacific Beach
MLS Listing ID 260021723SD
HOA Y/N No
Lot Size 6,298 Sqft
Property Description
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! Location! Location! Location! PRIME DEVELOPMENT GEM at the heart of Pacific Beach in San Diego. 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!
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Interior
Fireplace No
Exterior
Utilities Available Cable Available, Natural Gas Available, Phone Available
View Y/N No
Present Use Residential,Single Family
Building
Lot Description Level
Others
Senior Community No
Tax ID 4164810900
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/260021723
Listed by Emma Thao Buchman Coldwell Banker Realty #01875090