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813-15 Diamond Street comprises a multifamily apartment building containing two units in San Diego, California. Situated in the 92109 zip code, the property sits within a coastal submarket characterized by high demand and proximity to the Pacific Ocean. This asset type serves as a primary vehicle for investors seeking residential rental income in a stable metropolitan environment. The density of the Pacific Beach neighborhood supports consistent occupancy for apartment dwellings, appealing to both short-term and long-term tenant profiles looking for accessibility to the urban core and regional transit corridors. The structure provides a straightforward footprint for residential property management and potential value-add strategies in a competitive Southern California market. Given its location, the asset remains well-positioned for those targeting residential portfolio expansion within the San Diego region.
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