Diamond Terrace Condos for Sale in East Village

A 14-story tower in East Village

The view from Diamond Terrace’s 14th-floor deck is reason enough to take a closer look. Diamond Terrace is a 14-story condominium tower at 427 9th Avenue in East Village, in Downtown San Diego’s 92101 zip code. Completed in 2005 by Park View LTP, its 113 homes take in city views and sit a short walk from Petco Park.

Diamond Terrace is one of the best seats in the house for baseball season. An outdoor deck looks out toward Petco Park, and a top-floor community room gives residents a place to gather with a view. Homes come in easy-to-live-in sizes: studios of about 484 square feet, one-bedrooms of about 840 square feet and two-bedrooms of about 1,090 square feet. Residents also share a fitness center and BBQ area, with gated security, storage for every home, and pets welcome under the HOA’s rules.

East Village puts game days, weekend brunch and an evening at a local brewery a short walk away, with parks and dog-friendly streets for everyday life. For buyers who want high-rise living with all of downtown within walking distance, Diamond Terrace is well worth a look.

Street Address: 427 9th Avenue
HOA Fees: $900–$1,000/mo (2026 data)
Storage: Yes
Pets: Yes
Pool: No
Spa: No
Year Built: 2005
Units: 113
Stories: 14
Guest Suites: No
Exercise: YEs
BBQ: Yes
Concierge: No
Security: gated community
Guest Parking: No
Lease Restrictions: 30-day minimum
Builder: Park View LTP
Notes: 14th Floor Outdoor Deck and Community Room
HOA Management Group: Menas Realty
HOA Phone Number: 858-270-7870 x 35 Emergency After Hours: 619-744-9883

Diamond Terrace condos for sale

Diamond Terrace market snapshot, October 2026

6 homes are for sale at Diamond Terrace, listed from $400,000 to $680,000, and 1 is in escrow.

Over the past 12 months, 9 homes sold at a median price of $608,000 ($675 per square foot), ranging from $412,000 to $1,060,000. The typical home sold in 51 days.

Based on MLS data compiled by The Neuman Team. Updated October 5, 2026. Information deemed reliable but not guaranteed.

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Floor plans at Diamond Terrace

Lifestyle in Diamond Terrace, San Diego

Is Diamond Terrace right for you?

Diamond Terrace suits buyers who want high-rise views and city living without paying for a full-service lobby, while still enjoying the fitness center and BBQ area. Pets are welcome under the HOA’s rules, a plus for dog and cat owners. For anyone who wants restaurants, coffee and nightlife within a few blocks, the location is hard to beat.

What to weigh before you buy

Dues run $900–$1,000 a month (based on 2026 sales and listings), covering the fitness center, BBQ area, gated security and common-area upkeep. There is no pool, concierge or guest parking, so visitors use nearby street or public parking. The association is managed by Menas Realty.

Leases must be at least 30 days, so nightly rentals aren’t allowed, but monthly and longer rentals are.

Buying or selling at Diamond Terrace

The Neuman Team has represented buyers and sellers of Downtown San Diego condominiums since 1981, with more than 7,400 closed sales, and has been #1 in 92101 for homes sold since 2000. Contact us to see which homes at Diamond Terrace are available, or to find out what your unit could sell for today.

Frequently Asked Questions

Does Diamond Terrace allow pets?

Yes. Diamond Terrace allows pets. Owners and tenants must follow the HOA’s pet rules, so check the current policy for any limits on number, size or breed before you buy.

What are the HOA fees at Diamond Terrace?

HOA dues at Diamond Terrace were about $940 per month in 2026 closed sales. Dues cover the fitness room, BBQ areas, gated security, the 14th-floor deck and community room, and common-area upkeep. The association is managed by Menas Realty. Ask us for current dues on any unit.

Can I rent out my Diamond Terrace condo?

Yes, with limits. Diamond Terrace requires a 30-day minimum lease, so nightly and weekly short-term rentals such as Airbnb aren’t allowed. Monthly and longer rentals are permitted under the HOA’s rules.

What amenities does Diamond Terrace have?

Diamond Terrace offers a 14th-floor outdoor deck and community room, a fitness room, BBQ areas, gated security and storage. There is no pool, spa or concierge.

Where is Diamond Terrace in Downtown San Diego?

Diamond Terrace is at 427 9th Avenue in East Village, close to Petco Park and the Gaslamp Quarter. The 14-story building of 113 homes was completed in 2005.