San Diego, CA 92109 3874-80 Riviera Dr.

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Presented By: eXp Realty of Southern California, Inc.;
  • MLS# 240009671
  • 05/02/2024
  • Request Tour
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  • BedBeds • 10
  • BathBaths • 8

Home Details

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.
Presented By: eXp Realty of Southern California, Inc.;

Interior Features for 3874-80 Riviera Dr.

Bedrooms

Bedrooms in Unit 14
Bedrooms in Unit 22
Bedrooms in Unit 31
Bedrooms in Unit 41
Bedrooms in Unit 51
Bedrooms in Unit 61

Bathrooms

Baths in Unit 12.5
Baths in Unit 22.5
Baths in Unit 31.0
Baths in Unit 41.0
Baths in Unit 51.0
Baths in Unit 61.0

Other Interior Features

# of Units w/Garage

General for 3874-80 Riviera Dr.

# of Units (1)1
# of Units (2)1
# of Units (3)1
# of Units (4)1
# of Units (5)1
# of Units (6)1
ConstructionStone
CoolingCentral Forced Air Gas
Days on Market11
HeatingCentral Forced Air Gas
Sale/RentFor Sale
Stories2 Story
Tenant Pays ElectricY
Total Units6

Exterior for 3874-80 Riviera Dr.

Number of Buildings1

Additional Details

Price History

1527188455

First Team Client Services

Price $5,998,000
MLS#240009671
List Date 05/02/2024
Property Type Income
Phone 714.964.3311
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Request Info
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