$3,495,000
OPEN SAT 12PM - 2PM

3721-25 Riviera Dr San Diego, CA 92109

Pacific Beach Neighborhood

Estimated payment $23,002/month

Total Views 1,461
6 Beds
5 Baths
2,700 Sq Ft
$1,294 Price per Sq Ft

Highlights

  • Property is Fully Fenced
  • Crown Point Junior Music Academy Rated A-
  • 1-Story Property

About This Home

This turnkey triplex in Crown Point is a rare investment opportunity, offering exceptional short-term rental and long-term cash flow potential. Completely upgraded with modern finishes and featuring exterior and interior renovations throughout, this property is move-in ready and optimized for maximum rental income. The front detached 3-bed, 2-bath home along Riviera Drive provides the perfect owner-occupant opportunity while generating passive income from the two additional units in the back. A two-level 2-bed, 2-bath unit and a single-level 1-bed, 1-bath unit sit behind, both boasting Mission Bay views and highly desirable layouts for vacationers and long-term tenants alike. The property’s recent updates enhance both aesthetic appeal and functionality, making it a high-demand rental in one of San Diego’s most sought-after coastal neighborhoods. With two enclosed two-car garages, parking is never an issue—a major advantage in this beachside community. The prime location places residents just steps from the bay, allowing easy access to water activities, scenic bike paths, and local hotspots. Crown Point remains one of San Diego’s strongest rental markets, attracting both year-round tenants and high-dollar vacation renters. This multi-unit property delivers turnkey convenience, modern upgrades, and exceptional investment upside, making it a must-see for any savvy investor looking to capitalize on the beach and bay lifestyle.

Listing Agent

Amber Anderson

Pacific Sotheby's Int'l Realty License #01423536

Pacific Sotheby's Int'l Realty

Co-Listing Agent

Brandon White

Pacific Sotheby's Int'l Realty License #01864163

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,002 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 423-442-09-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Net Operating Income $192,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Moorland Drive
  • Neighborhood: Crown Point, Sail Bay
  • Miscellaneous: Dog Run
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1965
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 423-442-09-00
  • Estimated Lot Sq Ft: 5002

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 192940
  • Annual Expense Actual: 60500
  • Gross Rent Multiplier Actual: 18.0
  • Gross Sched Income Actual: 316800
  • Number Of Buildings: 1
  • Number Of Furnished Units: 3
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2025 04/21/25 For Sale $3,495,000 -- $1,294 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250024477

San Diego MLS

California San Diego County San Diego 92109 Pacific Beach

3721-25 Riviera Dr, San Diego, CA

Homes for Sale in San Diego, CA

This home is located at 3721-25 Riviera Dr, San Diego, CA 92109 and is currently priced at $3,495,000, approximately $1,294 per square foot. This property was built in 1965. 3721-25 Riviera Dr is a home located in San Diego County with nearby schools including Crown Point Junior Music Academy, Pacific Beach Middle, and Mission Bay High School.

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Amber Anderson
Listing Agent
Amber Anderson
Section Image
Pacific Sotheby's Int'l Realty
(619) 840-3400