3745 Riviera Dr.

3745 Riviera Dr. #1

D

San Diego, CA 92109

$1,089,000
NEW — 0d on market

Beds

2

Baths

2

Sqft

1,090

Year Built

1974

Days on Market

0

Property Type

Condo

HOA/mo

$778

MLS ID

260008107SD

View on MLS

Description

Located just steps from the bay in the highly sought-after Crown Point neighborhood, this beautifully updated 2-bedroom, 2-full bathroom condo offers the perfect blend of comfort, convenience, and coastal living. Situated directly across the street from public access to Sail Bay and the scenic Bayside Walk, you can enjoy waterfront living just moments from your front door. Just a couple blocks from iconic Rocky’s Crown pub and other local dining, this location offers exceptional walkability. Thoughtfully updated throughout, the open-concept kitchen, dining, and living area creates a bright and functional space that flows seamlessly to a west-facing balcony - ideal for enjoying afternoon light and ocean breezes. Both bedrooms are generously sized—an uncommon find in this area—with a particularly spacious primary suite featuring a walk-in closet and ample room for a full bedroom setup plus additional seating or workspace. The second bedroom features direct access to a quiet, secure 2nd patio area, offering a semi-private outdoor extension of 780sqft, perfect for relaxing or entertaining. Additional features include W/D hookups located in unit and additional machines in community laundry room. Other highlights include secure tandem parking for 2 vehicles in the underground garage, ample bike and general secured storage, and a well-maintained community. Building exterior, entrance, lobby, and hallways all have recently been renovated and upgraded, enhancing the property’s overall appeal. With no stairs or elevators required, the layout is both convenient and accessible. HOA fee includes building maintenance, water, limited insurance, see additional details. Whether you’re looking for a new primary home by the water, vacation property, long-term or short-rental this is a must see!”

Mortgage Calculator

Est. Monthly Payment

$7,691

Principal & Interest$5,507
Property Tax$1,089
Insurance$318
HOA$778
%($217,800)
%

Investment Score

0D
Est. Monthly Rent
$3,708
Monthly Cashflow

Rent − PITIA

$-3,984
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,744

Mortgage (P+I)
$5,507
Cap Rate
-0.26%
Cash-on-Cash
-31.65%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$11,168

NOI (Annual)
$-2,848
Price-to-Rent

Lower = better for investors

24.5

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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