4071 Riviera Drive San Diego, CA 92109

$3,150,000
5
Beds
4.5
Baths
0.08
Acres
2,644
SQFT
1191
$/SQFT
$3,150,000
5
Beds
4.5
Baths
2,644   sf
$1191 / sf
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Rare Crown Point Opportunity with Income Potential. Just steps from Sail Bay, this beautifully curated property spans over 2,600 sq ft across two separate APNs, offering the perfect blend of coastal lifestyle and income opportunity. Live in one home while generating income from the other, with projected annual revenue of $360,000 and potential for 10%+ ROI. The front structure is a 5-bed, 3.5-bath retreat designed for short-term rental, featuring three en-suites, two flex spaces, multiple patios, and a rooftop deck with panoramic views. The custom kitchen is finished with butcher block countertops, a farm sink, and stainless steel appliances—offering the charm and functionality of coastal living. The second structure, on its own APN, is a fully remodeled 2-bed, 1-bath condo perched above a 3-car garage. It boasts a brand-new kitchen with a large island, new appliances, LVP flooring throughout, private laundry, and a sunny deck—perfect for long-term rental, guests, or extended family. Thoughtfully designed shared outdoor areas, ample off-street parking, and proximity to Seaworld, Belmont Park, Ski Beach, Paradise Point, and local shops and restaurants make this a truly unique offering. Whether you’re looking to live, rent, or both—this is a rare Crown Point opportunity that delivers flexibility, lifestyle, and long-term value.

Rare Crown Point Opportunity with Income Potential. Just steps from Sail Bay, this beautifully curated property spans over 2,600 sq ft across two separate APNs, offering the perfect blend of coastal lifestyle and income opportunity. Live in one home while generating income from the other, with projected annual revenue of $360,000 and potential for 10%+ ROI. The front structure is a 5-bed, 3.5-bath retreat designed for short-term rental, featuring three en-suites, two flex spaces, multiple patios, and a rooftop deck with panoramic views. The custom kitchen is finished with butcher block countertops, a farm sink, and stainless steel appliances—offering the charm and functionality of coastal living. The second structure, on its own APN, is a fully remodeled 2-bed, 1-bath condo perched above a 3-car garage. It boasts a brand-new kitchen with a large island, new appliances, LVP flooring throughout, private laundry, and a sunny deck—perfect for long-term rental, guests, or extended family. Thoughtfully designed shared outdoor areas, ample off-street parking, and proximity to Seaworld, Belmont Park, Ski Beach, Paradise Point, and local shops and restaurants make this a truly unique offering. Whether you’re looking to live, rent, or both—this is a rare Crown Point opportunity that delivers flexibility, lifestyle, and long-term value.

Listed by:
Compass

Source:
CRMLS

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Property details

Community Features

  • No HOA
  • Not Age Restricted

View

  • Water view
  • Ocean view

Exterior features

  • Deck
  • Has garage
  • No Pool
  • Patio
  • Porch
  • Parking

Interior Features

  • Carpet Floors
  • Wood Floors
  • Heat Gas
  • Main Floor Bedroom
  • Tile - Floors
  • Bonus Room

Style

  • Multi Level
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