3874-80 Riviera,  San Diego  (92109)

$5,998,000

8 bedrooms 8   8 bathrooms 8
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PROPERTY DETAILS

Address: view address
San Diego, CA 92109
Map Location
Features: Air Conditioning, Forced Air, Multi-level
Bedrooms:8Bathrooms:8 (full: 6, half: 2)
Lot Size:8187.0Year Built:1970
Views:BayProperty Type:Res Income 2-4 Units
Community:PACIFIC BEACHNeighborhood:Sail Bay
County:San DiegoList Date:2024-04-04
Listing Number:240007371Listed By:eXp Realty of Southern California, Inc.
Virtual Tour:Click Here

PROPERTY DESCRIPTION

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.

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Interior

Features

Laundry Features:Common AreaLaundry:Yes

Cooling & Heating

Cooling features:Central AirHeating features:Natural Gas, Forced Air
Heating:Yes

Exterior

Exterior and Lot

Lot features:LevelConstruction Materials:Stone
Roof:Composition

Property and Lot Details

View

Views:Bay, OceanHas View:Yes

Building Information

Year Built:1970Stories:2

Lot

Lot Dimensions:8187.0

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

Loading Data...

Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.

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Listed By: eXp Realty of Southern California, Inc.