3850 Riviera Drive 3b, San Diego, California 92109, San Diego, 92109 - 3 bed, 2 bath
3850 Riviera Drive 3b
San Diego, California 92109
Property Price
SUMMARY
Analysis of 3850 Riviera Drive 3b, San Diego, California 92109 is currently available with a list price of $1,468,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1960, the interior of this condo has undergone significant and tasteful renovations, particularly in the kitchen and bathrooms. The kitchen features modern stainless steel appliances, updated cabinetry, solid surface countertops, and a contemporary tile backsplash. Both bathrooms are also updated with modern fixtures, tile work (subway tile in one, marble-look and pebble in the other), and vanities, including a convenient in-suite washer and dryer. Flooring throughout the living areas and bedrooms appears to be well-maintained hardwood or laminate, complemented by recessed lighting and modern ceiling fans. The property is move-in ready with no immediate renovations required, aligning with the 'Good' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Bird Rock Elementary School (10/10).
- Unbeatable Waterfront Location & Views
This top-floor unit boasts a prime beach and bay front location, offering direct access to the bay, stunning sunset views, and refreshing ocean breezes from an oversized living room.
- Comprehensive Complex Amenities
The complex provides resort-style living with direct boardwalk access, a community pool, expansive common areas, and a large view veranda perfect for relaxation and people-watching.
CONSRISKS & DEFICIENCIES
- Land Lease Structure
The property is subject to a land lease, which, despite intentions for a buyout and 38 years remaining, can complicate financing, impact long-term appreciation, and introduce future uncertainties regarding lease terms.
- Substantial Monthly Association Fees
A high monthly association fee of $770 significantly adds to the total cost of ownership and should be carefully considered in a buyer's budget.
- Building Age & Potential Updates
Constructed in 1960, the building's age may imply older infrastructure or a potential need for future updates and renovations to meet modern aesthetic and functional standards.
About 3850 Riviera Drive 3b
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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1960
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $770.0 / Month
Neighborhood Insights
San Diego Unified Schools
Crown Point Jr Music Academy
Grades K-5 • 0.3 mi
Sessions Elementary School
Grades K-5 • 1.5 mi
Pacific Beach Elementary School
Grades K-5 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 85% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,534 | 940.5 | 89% |
| Lot Size | - | 1,950.5 | 50% |
| Price | $1.47M | $890.0K | 83% |
| Price per sq ft | $957 | $897 | 57% |
| Built year | 1960 | 1975 | 3% |
| HOA | $770.0 | $472 | 81% |
| Days on market | 388 | 160 | 99% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,468,000
$1,488,000
-1% Price Drop
Initial Listing
Price Change
Jan 28, 2026
$1,488,000
$1,510,000
-1% Price Drop
Initial Listing
Price Change
Oct 30, 2025
$1,510,000
Initial Listing
Price Change
Feb 12, 2025
$1,195,000
Initial Listing