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Sold for $5,930,000
  • $5,930,000

    3874-80 Riviera Dr, San Diego, CA 92109

    10beds
    8baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $4,817,500 Zestimate®
    $--/sqft
    $4,939 Estimated rent

    Home value

    $4,817,500

    $4.05M - $5.73M

    $4,939/mo

    Zestimate® history
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    $37,516/mo

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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jim McInerney DRE #01334502 858-480-9945,

    eXp Realty of Southern CA,

    Cade J Silva DRE #02008551 858-210-5206,

    eXp Realty of Southern CA

    Bought with:

    Voltaire Lepe, DRE #01422464

    Lepe Tendwell Properties

    Source: SDMLS,MLS#: 240009671MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    Heating
    • Central Forced Air Gas
    Cooling
    • Central Forced Air Gas
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: 2 Story
    • Stories: 2
    Details
    • Parcel number: 4234100700

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stone

    Community & HOA

    Location
    • Region: San Diego

    Financial & listing details

    • Date on market: 5/2/2024

    Price history

    DateEventPrice
    10/31/2025Listing removed$6,295,000+6.2%
    Source: SDMLS #230007880 Report a problem
    9/24/2024Sold$5,930,000-1.1%
    Source: SDMLS #240009671 Report a problem
    7/15/2024Pending sale$5,998,000
    Source: SDMLS #240012105 Report a problem
    5/30/2024Listed for sale$5,998,000
    Source: SDMLS #240012105 Report a problem
    5/30/2024Listing removed--
    Source: SDMLS #240007371 Report a problem
    4/6/2024Listed for sale$5,998,000-4.7%
    Source: SDMLS #240007371 Report a problem
    9/19/2023Listing removed--
    Source: SDMLS #230007880 Report a problem
    5/12/2023Pending sale$6,295,000
    Source: SDMLS #230007880 Report a problem
    4/29/2023Listed for sale$6,295,000
    Source: SDMLS #230007880 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Pacific Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,817,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,817,500