3888 Riviera Drive
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3888 Riviera Drive #202

D

San Diego, CA 92109

$1,195,000
NEW — 2d

Soft Appraisal Value: $867,200 · 37.8% above estimate

Beds

1

Baths

1

Sqft

889

Year Built

1975

Days on Market

2

Property Type

Condo

HOA/mo

$716

MLS ID

260012536SD

This property is in San Diego (92109). View neighborhood stats →

About This Property

The most heavenly Crown Point & Sail Bay panoramic westerly sunset views! Unit 202 is a 1 bedroom 1 bath condo in the short-term-rental-friendly Riviera Villas community of Crown Point Pacific Beach. Situated directly on Sail Bay, this coastal bright and breezy home is ready to impress you. Features include: full kitchen w/ dishwasher and separate wet bar plumbing, living room gas fireplace, large bathroom, coastal breeze on demand, private balcony w/ room for 3 chairs, 1 secure garage parking space, w/ 3 storage lockers for bikes and your favorite beach toys. Community has: 4 shared laundry rooms (1 per floor), ground floor deck, outdoor shower, and more! Riviera Villas Community allows short term vacation rentals // HOA fee includes water, hot water, trash, sewer, fireplace gas, common area landscaping, window washing twice/year, & maintenance. // There is an app-paid community community laundry room on each floor of complex, you'd share your floor's units w/ the 5 neighbors on your floor // There is no community pool // Gas or electric BBQ grills are allowed on balcony // Pets allowed w/ reasonable HOA restrictions

Mortgage Calculator

Est. Monthly Payment

$8,302

Principal & Interest$6,043
Property Tax$1,195
Insurance$349
HOA$716
%($239,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,675
Monthly Cashflow

Rent − PITIA

$-4,628
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,469

Mortgage (P+I)
$6,043
Cap Rate
-0.43%
Cash-on-Cash
-32.48%
DSCR

Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$12,076

NOI (Annual)
$-5,113
Price-to-Rent

Lower = better for investors

27.1

* 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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