San Diego & Coronado Property SearchHere you will have direct access to the latest San Diego Real Estate For Sale. Featuring detailed real estate information for San Diego including Coronado Cays, Coronado Shores, Coronado Village, Rancho Santa Fe, Del Mar, La Jolla, Solana Beach, and all Luxury San Diego Beach Communities. Property for sale: 3874-80 Riviera Dr. in San Diego3874-80 Riviera Dr. San Diego
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.
Listed by eXp Realty of Southern California, Inc.
Data was last updated May 23, 2024 at 05:10 PM (UTC)
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Equal Housing Opportunity.