$5,998,000
- Beds
- Unknown
- sq ft
- Unknown
3874 Riviera Dr, San Diego, CA 92109
3874 Riviera Dr
San Diego, CA 92109
- 60 days on market
REFRESHED AND IMPROVED! Incredible once-in-a-lifetime opportunity to acquire a six-unit trophy property directly on the sand in Sail Bay. The property exudes the pride of ownership, meticulously maintained over the last 18 years. The main unit boasts water views from every main living area, tons of natural light, 4 bedrooms and 2.5 bathrooms. Plenty of entertainment space with multiple balconies, patio, grass space, 3 living rooms/ family rooms and direct sand access to enjoy water activities. This one-of-a-kind property also includes (1) 2 bed/2.5 bath and (4) 1 bed/1 bath units, currently rented below market value rents. There is potential to increase the NOI by bringing all rents to market rates. The main 4 bed/2.5 bath unit is an extremely successful vacation rental, continuously booked year-round. Additional income from the laundry machines on the property. Each unit is individually metered for electricity, with a new roof installed in 2021. This property has been self-managed for the last 18 years by the current owners, ensuring exceptional care. This rare offering presents a unique opportunity to add a highly sought-after asset to your commercial real estate portfolio. Don't miss out on this chance to acquire a well-maintained property in a prime location.
Details
Property type
Lot size
Unknown
Price per sq ft
Unknown
Year built
Unknown
Price History
05/02/2024
![SanDiego](/_next/static/media/sanDiegoLogo.387eb7a6.png)
SanDiego #240009671
Listed
$5,998,000
Schools & Community
Neighborhood:
Mission Bay Park
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 07/01/2024 at 7:40 AM
Listing updated: 05/13/2024 at 5:45 PM
Listed by: Jim McInerney, eXp Realty of Southern California, Inc. Phone #: (888) 294-1415
MLS: SanDiego #240009671
![SanDiego logo](/_next/static/media/sanDiegoLogo.387eb7a6.png)
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