3843 Riviera Dr San Diego

3843 Riviera Dr San Diego

D

, CA 92109

$1,395,000

Beds

3

Baths

2.5

Sqft

1,735

Year Built

1989

Days on Market

41

Property Type

Townhouse

HOA/mo

$297

MLS ID

260001548SD

View on MLS

Description

Welcome to 3843 Riviera Drive, a beautifully updated townhome offering nearly 1,800 square feet of light-filled living space in one of San Diego’s most desirable coastal enclaves—just steps from Mission Bay and Sail Bay. This home features dual primary suites, a spacious loft, and a vaulted ceiling in the main living area, creating an open and airy feel throughout. The living space is highlighted by Brazilian cherry hardwood floors, double-pane vinyl windows with custom casings, and abundant natural light—perfect for entertaining or relaxing evenings at home. The kitchen is both stylish and efficient, showcasing cherry cabinetry, granite countertops, stainless steel appliances, and energy-efficient 6W LED lighting. Each bedroom is outfitted with ceiling fans and micro smoke alarms for added comfort and peace of mind. The primary suite offers a serene retreat with a walk-in closet and spa-style bathroom, while two additional bedrooms and full baths provide flexible living options for families, guests, or remote work. Enjoy coastal living with a private patio, ideal for catching ocean breezes and sunset unwinding. The home is located in a quiet, well-maintained complex with low HOA fees, a private garage, and additional assigned parking. Just moments from the bay, beach, and local cafés, this exceptional townhome offers the perfect blend of comfort, convenience, and coastal lifestyle.

Mortgage Calculator

Est. Monthly Payment

$9,153

Principal & Interest$7,054
Property Tax$1,395
Insurance$407
HOA$297
%($279,000)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$5,378
Monthly Cashflow

Rent − PITI − HOA

$-3,775
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,174

Mortgage (P+I)
$7,054
Cap Rate
0.76%
Cash-on-Cash
-16.24%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$9,153

NOI (Annual)
$10,555
Price-to-Rent

Lower = better for investors

21.6

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

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