3923 Riviera Drive San Diego

3923 Riviera Drive San Diego

D

, CA 92109

$1,059,000
NEW — 4d on market

Beds

2

Baths

2

Sqft

1,052

Year Built

2006

Days on Market

4

Property Type

Condo

HOA/mo

$250

MLS ID

260004643SD

Description

Grab your beach chair and towel! From your front door to toes in the water, you are just a straight shot and a few steps away to Sail Bay and the boardwalk. This light and bright mint condition move in ready single-level condo features an inviting open living and dining area great for entertaining. Enjoy your outdoor patio to soak in the amazing weather. Designed for easy “lock-and-leave” convenience, this home is ideal as a primary residence, vacation home, or income-producing investment property. A rare and highly desirable bonus is the direct access attached one-car garage, full size laundry area, PLUS an additional assigned parking space. This prime Crown Point location offers the best of San Diego living with walking, biking, rollerblading, paddle boarding, kayaking, and boating right at your fingertips. Stroll to Fanuel Street Park, Crown Point Shores & Park, the iconic Catamaran Resort Hotel & Spa, beaches, restaurants, and more.

Mortgage Calculator

Est. Monthly Payment

$6,973

Principal & Interest$5,355
Property Tax$1,059
Insurance$309
HOA$250
%($211,800)
%

Investment Score

11D
Est. Monthly Rent

Market Rent Estimate

$5,445
Monthly Cashflow

Rent − PITI − HOA

$-1,528
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,663

Mortgage (P+I)
$5,355
Cap Rate
1.92%
Cash-on-Cash
-8.66%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$6,973

NOI (Annual)
$20,306
Price-to-Rent

Lower = better for investors

16.2

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

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