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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.
Address |
4071 Riviera Dr
San Diego, CA 92109 |
Listing Status | ACTIVE |
Asking Price | $3,049,000 - $3,150,000 |
Original Listing | $3,150,000 @ 2025-04-20 |
Terms | Cash,Conventional |
Age Restriction | N/K |
Property Type | Fee Simple |
Property Restrictions | None Known |
Sales Restrictions | N/K |
Mello-Roos Fee | $0 |
HOA Fee | $0 |
Square Footage | 2644 sf |
Flooring | Carpet, Tile, Wood |
Bedrooms | 5 + 2 optional |
Full Bathrooms | 4 |
Half Baths | 1 |
Family Room | 9x15 |
Living Room | 23x13 |
Dining Room | Combo |
Kichen | 12x8 |
Master Bedroom | 12x14 |
2nd Bedroom | 16x12 |
3rd Bedroom | 11x12 |
4th Bedroom | 11x12 |
5th Bedroom | 11x12 |
Directions | Not Provided |
Cross Street | Pacific Beach Drive |
Market Area | Coastal South |
Community Area | CROWN POINT |
Neighborhood | CROWN POINT |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 423-401-02-00 |
Zoning | RM2-5 |
Nothing Found | The exact location of this property could not be determined from its listed address. Location features such as the Map, Containing Areas, Highway Locator, Google Street View, and Ocean Distance are not available. |
Year Built | 1992 |
Laundry Location | Laundry Room |
Elevator | Not Listed |
Cooling | N/K |
Heating | Natural Gas Forced Air Unit |
Sewer/Septic | Sewer Connected |
Fireplaces | Not Listed |
Equipment | Dishwasher, Microwave, 6 Burner Stove, Gas Range |
Platform | SDMLS |
AOR | San Diego Association of REALTORS (SDAR) |
MLS Number | 250025014 |
Courtesy of | Compass |
https://www.californiatophomes.com/250025014
Style | Detached Other/Remarks |
Material | Brick,Stucco |
Lot Size | 1-3,999 SF ~ 3,400 sf |
Fencing | Full |
Topography | Level |
Roof | Tile/Clay |
Swimming Pool | N/K |
Patio | Balcony, Deck, Patio, Roof Top, Porch, Terrace, Wood |
Parking |
Detached
Total Spaces: 5
Garage Spaces: 3
Non-Garage Spaces:
2 -
Covered Parking
|
View | Ocean, Panoramic, Water |