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$ 3,215,000
$ 3,495,000 8.0%
Est. payment | /mo
6 Beds
5 Baths
$ 3,215,000
$ 3,495,000 8.0%
Est. payment | /mo
6 Beds
5 Baths
Key Details
Sold Price $3,215,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Pacific Beach
MLS Listing ID 250024477
Sold Date 06/03/25
Bedrooms 6
Full Baths 5
Year Built 1965
Property Sub-Type Res Income 2-4 Units
Property Description
This turnkey triplex in Crown Point is a rare investment opportunity, offering exceptional short-term rental and long-term cash flow potential. Completely upgraded with modern finishes and featuring exterior and interior renovations throughout, this property is move-in ready and optimized for maximum rental income. The front detached 3-bed, 2-bath home along Riviera Drive provides the perfect owner-occupant opportunity while generating passive income from the two additional units in the back. A two-level 2-bed, 2-bath unit and a single-level 1-bed, 1-bath unit sit behind, both boasting Mission Bay views and highly desirable layouts for vacationers and long-term tenants alike. The property's recent updates enhance both aesthetic appeal and functionality, making it a high-demand rental in one of San Diego's most sought-after coastal neighborhoods. With two enclosed two-car garages, parking is never an issue—a major advantage in this beachside community. The prime location places residents just steps from the bay, allowing easy access to water activities, scenic bike paths, and local hotspots. Crown Point remains one of San Diego's strongest rental markets, attracting both year-round tenants and high-dollar vacation renters. This multi-unit property delivers turnkey convenience, modern upgrades, and exceptional investment upside, making it a must-see for any savvy investor looking to capitalize on the beach and bay lifestyle.
Location
State CA
County San Diego
Area Coastal South
Interior
Heating Forced Air Unit
Fireplace No
Exterior
Fence Full
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 423-442-09-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Amber Anderson Pacific Sotheby's Int'l Realty
Bought with Brandon White Pacific Sotheby's Int'l Realty
Bought with Brandon White Pacific Sotheby's Int'l Realty
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Patrick Cohen
REALTOR® | Lic# 1936110