3810 Riviera Dr, San Diego, CA 92109

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Kobe Zimmerman

kobezimmerman@bhhscal.com +1(858) 753-3353

$9,495,000

Est. payment - /mo

13 Beds

7 Baths

1,800 SqFt

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UPDATED:

12/15/2024 02:00 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $5,275

Subdivision Pacific Beach

MLS Listing ID 240028485

Bedrooms 13

Full Baths 7

HOA Y/N No

Year Built 1965

Lot Size 6,278 Sqft

Lot Dimensions 54x118

Property Description

14 BR + 8 BA of almost, 6000 esf of Water Front Trophy Real Estate + 12 Car Parking Spots on site! Attention Legacy Trophy Waterfront Buyers, Multi Family Investors, Luxury Rentals, Multi-Generational Living Compound Buyers or Create Your Water Front Dream Compound. This rare, breathtaking Waterfront Property in Pacific Beach on Sail Bay with Panoramic Ocean, Sunset & Bay Views has almost 55Ft of unobstructed Water & Sand Frontage rising 4 stories over the water. The Remarkable 4-5 unit Water Front SINGLE LEVEL UNITS consist of TWO 4BR/2BA top floor units, ONE 3BR/2BA middle unit, ONE 2BR/1BA in back and one bonus room 1BR/1BA water front guest room all with high income, history & endless potential upside that can be sold turnkey furnished with tenants in place. For the first time on the market in almost 30 years, seize this once-in-a-generation opportunity to own an iconic 4-5 UNIT legacy water front property on the coveted Riviera Shores with waterfront sand access with the iconic boardwalk bringing every ounce of coastal walkability or bike-ability to your doorstep.
This almost 6,000 esf waterfront gem boasts four high-end luxury rental units plus a bonus 1BR/1BA guest suite, offering unparalleled rental versatility and value, OR an unbelievable canvas for a luxury multi-generational owner compound or condo conversion project. Four of the units feature unobstructed, panoramic views of the Bay, Ocean, and breathtaking sunsets, making this property a standout addition to any real estate portfolio or coastal real estate investor. OTHER: 1) Newer Roof in the last few years 2) Common Waterfront Patio on sand for Entertaining, BBQs or Beach Access 3) Common Laundry Room for Tenants/Rentals 4) Some units have Fireplaces and in unit Washer/Dryer 5) 12 car parking = 6 tandem parking spaces. Ideal walkability from each unit! Easy access to SD Airport, Downtown, La Jolla & all the major coastal attractions & freeways in San Diego

Location

State CA

County San Diego

Community Pacific Beach

Area Pacific Beach (92109)

Building/Complex Name 3810-14 Rivera Drive Bay Front

Zoning R-3:RESTRI

Interior

Heating Natural Gas

Fireplaces Number 3

Appliance Forced Air Unit

Exterior

Exterior Feature Stucco

Fence Full

Community Features Beach Rights

Complex Features Beach Rights

View Bay, City, Evening Lights, Ocean, Panoramic, Panoramic Ocean, Other/Remarks

Roof Type Rolled/Hot Mop

Building

Lot Description West of I-5

Story 4

Lot Size Range 4000-7499 SF

Water Meter on Property

Level or Stories 4 Story

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $8,000

Listing Terms Cash, Conventional, Exchange

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Listed by Trevor Pike • Compass

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