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!