4001-4005 Riviera Dr , San Diego, CA 92109
$2,795,000
Est. Payment: $15,245.88/mo
5 Bed
3 Bath
2300 Sqft
Status: PENDING | Days on site: 12
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7927 - 651703
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House 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.

Highlights

Listed by Josh Browar , 858-414-4398 The Browar Group , 858-414-4398. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Year Built

1948

County

San Diego

Area

Coastal South

Neighborhood

Crown Point (CP)

Listing ID

260021283

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Air Cond:N/K
Fireplaces:

Exterior Features

Roof:Composition
Principal Interest
$15,246
Taxes
$1,782

Home Price

$2,795,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$559,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,245.88

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,245.88 $1,781.81 $0.00 $17,027.69
Yearly $182,950.55 $21,381.75 $0.00 $204,332.30
Total $5,488,516.53 $641,452.50 $0.00 $6,129,969.03

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-10-05T00:00:59.000Z

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