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Sandro Natale

bigblocksandro@gmail.com +1(858) 255-0135

$ 2,795,000

Est. payment | -/mo

5 Beds

3 Baths

Save Virtual Tour

$ 2,795,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision Crown Point (Cp)

MLS Listing ID 260021283

Bedrooms 5

Full Baths 3

Year Built 1948

Property Sub-Type Res Income 2-4 Units

Property Description

RARE RIVIERA DRIVE OPPORTUNITY! Rarely does a property become available on exclusive Riviera Drive, one of Crown Point's most coveted streets, located directly across from Mission Bay. Situated on a desirable 5,052 SF corner lot, this unique three-unit property offers an exceptional combination of location, income, land and flexibility. The property features three extremely spacious apartments, each with private outdoor space. The unit mix includes a 1BR/1BA plus office, historically used as a 2BR/1BA and currently leased month-to-month for $3,630/month; a spacious 2BR/1BA apartment becoming available at the end of September 2026; and a 1BR/1BA apartment generating $2,800/month on a month-to-month lease. Three single-car garages, an additional off-street parking space and laundry facilities complete the offering. The possibilities are endless. Hold as a long-term investment in a premier coastal location with virtually endless rental demand and significant appreciation potential. Owner-occupy the soon-to-be-vacant 2BR while generating income from the other two units. Or explore maximizing revenue through short-term rental opportunities, subject to applicable regulations and approvals. Properties on Riviera Drive rarely come to market. This is an opportunity to own on one of San Diego's most desirable waterfront streets while benefiting from multiple income and ownership strategies. Whether your goal is appreciation, cash flow, owner occupancy or a combination of all three, this property delivers the flexibility to make it your own.

Location

State CA

County San Diego

Area Coastal South

Interior

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 423-411-11-00

Acceptable Financing Cash, Conventional, Exchange, FHA, Other/Remarks, VA

Listing Terms Cash, Conventional, Exchange, FHA, Other/Remarks, VA

Virtual Tour https://www.propertypanorama.com/instaview/snd/260021283

Listed by Josh Browar, DRE#01824454 The Browar Group

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4001-4005 Riviera Drive San Diego, CA 92109