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4001 Riviera Dr - Riviera Drive Apartments 3 Unit Apartment Building Offered at $2,795,000 at a 2.49% Cap Rate San Diego, CA 92109
Investment Highlights
- Legacy Location - Steps to Bay
- 3 Garages, Off Street Parking, Laundry Facilities
- One 2br Unit vacating 9/30/26
- Spacious Units with Strong Unit Mix (1-1Br/1Ba, 2-2Br/1Ba)
- All Units have Spacious Private Outdoor Space
- Dynamic Investment (Owner Occ, STR Play, Long Term Appreciation)
Property Facts
| Price | $2,795,000 | No. Units | 3 |
| Price Per Unit | $931,667 | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 2,298 SF |
| Cap Rate | 2.49% | No. Stories | 2 |
| Gross Rent Multiplier | 21.8 | Year Built | 1948 |
| Price | $2,795,000 |
| Price Per Unit | $931,667 |
| Sale Type | Investment |
| Cap Rate | 2.49% |
| Gross Rent Multiplier | 21.8 |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 2,298 SF |
| No. Stories | 2 |
| Year Built | 1948 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
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4001 Riviera Dr - Riviera Drive Apartments