4001-4005 Riviera Drive San Diego, CA $ 2,795,000
4001-4005 Riviera Drive
$ 2,795,000
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4001-4005 Riviera Drive

San Diego, CA, 92109
$ 2,795,000
Bedrooms5 Baths3.0

Monthly Estimate*

$ 17,648

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Multi-Family Home for sale in San Diego, CA

for $2,795,000 with 5 bedrooms and 3 full baths. This home was built in 1948.

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.

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Multi-Family Active

Price

$ 2,795,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Res Income 2-4 Units

Year Built

1948

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260021283

Features
General
Cooling N/K
Roof Composition
Security Features Other/Remarks
Construction Materials Stucco
Year Built 1948
Tenant Pays Cable TV Electricity Other/Remarks
Levels 2 Story
Property Subtype Res Income 2-4 Units
Building Name 0
County San Diego
Operating Expense 55022.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name Crown Point (CP)
Full Baths 3
Status ACTIVE
City San Diego
Senior Community Y/N N
Number Of Units Total 3
MLS Area Coastal South
Lot Size Units Acres
Property Attached Y/N N
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 2.5
Freehold IDX
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Exterior
Fencing Partial
Lot Size Area 0.0
Number of Buildings 1
Building Area Total 2300.0
Waterfront Y/N N
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Interior
Total Stories 2
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 5
Total Baths 3
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* Excluded Features
List By
Josh Browar

Listing Agent

The Browar Group

Broker

(858) 414-4398

Phone

Affordability Calculator

$17,648
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,648
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/31/2026$2,795,000 Listed Price

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4001-4005 Riviera Drive, San Diego, CA, 92109 is a Multi-Family Home for sale at $2,795,000. 4001-4005 Riviera Drive has 5 bedrooms, 3.0 baths, and was built in 1948. The property's zip code is 92109 which is in San Diego, CA