3850 Riviera Drive 3b, San Diego, California 92109, San Diego, 92109 - 3 bed, 2 bath
ACTIVE$1,510,000
3850 Riviera Drive 3b, San Diego, California 92109
3Beds
2Baths
1,534Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Bird Rock Elementary School (10/10).
Top Cons:
Land Lease Structure: The property is on a land lease, which, despite intentions for a buyout and 38 years remaining, introduces complexity, potential future costs, and may affect financing options.
Compared to the nearby listings
Price:$1.51M vs avg $890.0K (+$620,000)85%
Size:1,534 sqft vs avg 954 sqft86%
Price/sqft:$984 vs avg $91958%
More Insights
Built in 1960 (65 years old).
Condition: The property, built in 1960, has undergone significant interior renovations, particularly in the kitchen and bathrooms, which appear to be updated within the last 5-15 years. The kitchen features modern dark wood cabinetry, stainless steel appliances, light countertops, and a subway tile backsplash. Bathrooms also show modern updates with subway tile surrounds and contemporary vanities. Flooring is a mix of wood-look and tile, all in good condition. The presence of a mini-split AC unit indicates a modern cooling/heating system. While the building itself is older, the interior is move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria.
Year Built
1960
Close
-
List price
$1.51M
Original List price
$1.2M
Price/Sqft
$984
HOA
$770
Days on market
-
Sold On
-
MLS number
250018703SD
Home ConditionGood
Features
Excellent View:
Deck
Pool
View-
About this home
Top floor Beach and Bay front condo on the Bay. Beautiful sunsets, direct access to the beach on the bay and ocean breezes is what you’ll be able to enjoy from this bay front condo! 3 bedrooms, 2 baths, in suite washer and dryer, an oversized living room with bay views, private deck and TWO parking spaces are what this amazing home has to offer. The complex is on the boardwalk and features a pool, large common area and huge view veranda, perfect for people watching during the summer and enjoying our beautiful sunsets. Property is on a land lease but is intended to be bought out. Current lease does not expire for 38 more years estimated. Perfect spot for a vacation hideaway or has been primary home for 10 years of current owners. Raising 2 children in 3 bedroom condo on the beach.
Nearby schools
7/10
Crown Point Jr Music Academy
Public,•K-5•0.3mi
9/10
Sessions Elementary School
Public,•K-5•1.5mi
7/10
Pacific Beach Elementary School
Public,•K-5•1.5mi
7/10
Toler Elementary School
Public,•K-5•2.0mi
10/10
Bird Rock Elementary School
Public,•K-5•2.1mi
8/10
Cadman Elementary School
Public,•K-5•2.8mi
9/10
La Jolla Elementary School
Public,•K-5•3.9mi
6/10
Pacific Beach Middle School
Public,•6-8•0.9mi
5/10
Marston Middle School
Public,•6-8•2.7mi
8/10
Muirlands Middle School
Public,•6-8•3.4mi
6/10
Mission Bay High School
Public,•9-12•1.3mi
5/10
Clairemont High School
Public,•9-12•2.5mi
8/10
La Jolla High School
Public,•9-12•3.5mi
Condition Rating
Good
The property, built in 1960, has undergone significant interior renovations, particularly in the kitchen and bathrooms, which appear to be updated within the last 5-15 years. The kitchen features modern dark wood cabinetry, stainless steel appliances, light countertops, and a subway tile backsplash. Bathrooms also show modern updates with subway tile surrounds and contemporary vanities. Flooring is a mix of wood-look and tile, all in good condition. The presence of a mini-split AC unit indicates a modern cooling/heating system. While the building itself is older, the interior is move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Great Schools: Elementary School: Bird Rock Elementary School (10/10).
Unbeatable Waterfront Location: The condo boasts a prime, top-floor, beach and bay front location on the boardwalk in Crown Point, offering direct access to the bay and ocean breezes.
Panoramic Bay Views & Sunsets: Enjoy beautiful sunsets and expansive bay views from the oversized living room and private deck, enhancing the property's appeal and lifestyle.
Generous Unit Size & Amenities: With 3 bedrooms, 2 baths, an in-suite washer and dryer, and a private deck, the unit offers ample space and convenience suitable for a primary residence or vacation hideaway.
Exclusive Parking: The inclusion of two dedicated parking spaces is a significant and valuable asset in a high-demand coastal area like San Diego.
Resort-Style Complex Amenities: The complex features a pool, large common area, and a huge view veranda, providing excellent recreational and social opportunities for residents.
Cons
Land Lease Structure: The property is on a land lease, which, despite intentions for a buyout and 38 years remaining, introduces complexity, potential future costs, and may affect financing options.
Age of Building: Built in 1960, the condominium may have older infrastructure or require updates to systems and common areas, potentially leading to future special assessments or renovation costs.
High Monthly Association Fee: A monthly association fee of $770.0 is substantial and could impact the overall affordability and long-term ownership costs for potential buyers.