3850 RIVIERA DRIVE #3B San Diego CA 92109 MLS #250018703SD

3850 RIVIERA DRIVE #3B
San Diego, CA, 92109
$1,398,000
3 Beds
2 Baths
1,534 SqFt
0 Acres
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MLS #250018703SD image #0
Top floor Beach and Bay front condo on the Bay. Beautiful ocean views, 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 and master bedroom with bay views, private deck and TWO separate parking spaces are what this amazing home has to offer. Rare opportunity to purchase prior to fee simple conversion. Buyer captures $600k+ equity gap once conversion completes. Neighboring waterfront condos without land leases have recently sold between $1,300–$1,400 per sq ft, placing the potential post-conversion value of this home near $2M+. With the land buyout confirmed and in contract, and being less than $500k, buyers purchasing now can capture substantial equity upside as the building converts to full ownership. Land lease additional cost will be saved by locking in a lower tax rate prior to the increase in value. Once the land purchase closes, opportunities to buy in this building may disappear for years. Seller will review offers prior to the next price adjustment as the land conversion progresses. 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

Price:
$1,398,000
MLS #:
250018703SD
Status:
Active
Beds:
3
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Crown Point
Neighborhood:
92109pacificbeach
Listed Date:
Feb 12, 2025
Finished Sq Ft:
1,534
Year Built:
1960
92109 – Pacific Beach92109pacificbeachCrown Point

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Schools

Interior

Appliances
DW, GD, ES, EO, ER, ELC
Bathrooms
2 Full Bathrooms
Cooling
ES
Heating
ELC, FA
Laundry Features
ELC
Levels
A

Exterior

Construction Materials
CON
Garage Spaces
2
Parking Spots
2
Parking Total
2
Roof
COM

Financial

HOA Fee
$770
HOA Fee Frequency
MO

Map

Community

Market Summary

Current real estate data for Condo in San Diego as of Apr 23, 2026
1,550
Condo Listed
57
Avg DOM
689
Avg $ / SqFt
$751,180
Avg List Price

Property Summary

    Located in the Crown Point subdivision, 3850 RIVIERA DRIVE #3B San Diego CA is a Condo for sale in San Diego, CA, 92109. It is listed for $1,398,000 and features 3 beds, 2 baths, and has approximately 1,534 square feet of living space, and was originally constructed in 1960. The current price per square foot is $911. The average price per square foot for Condo listings in San Diego is $689. The average listing price for Condo in San Diego is $751,180. To schedule a showing of MLS#250018703sd at 3850 RIVIERA DRIVE #3B in San Diego, CA, contact your Pacific Sotheby’s International Realty agent at 6193633000.

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3850 RIVIERA DRIVE #3B
San Diego, CA