- 3 Beds
- 2 Baths
- 1,534 Sqft
- 389 DOM
3850 Riviera Drive # 3b
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.
Essential Information
- MLS® #250018703SD
- Price$1,448,000
- Bedrooms3
- Bathrooms2.00
- Full Baths2
- Square Footage1,534
- Acres0.00
- Year Built1960
- TypeResidential
- Sub-TypeCondominium
- StatusActive
Community Information
- Address3850 Riviera Drive # 3b
- Area92109 - Pacific Beach
- SubdivisionCrown Point
- CitySan Diego
- CountySan Diego
- Zip Code92109
Amenities
- UtilitiesWater Available
- Parking Spaces2
- # of Garages2
- Has PoolYes
- PoolIn Ground
Amenities
Gas, Hot Water, Maintenance Grounds, Trash, Utilities
Parking
Assigned, Community Structure, Direct Access, Garage, Gated
Garages
Assigned, Community Structure, Direct Access, Garage, Gated
Interior
- Interior FeaturesEat-in Kitchen
- HeatingElectric, Forced Air
- # of Stories1
- StoriesOne
Appliances
Dishwasher, Disposal, Electric Cooking, Electric Cooktop, Electric Oven, Electric Range
Cooling
ENERGY STAR Qualified Equipment
Exterior
- ExteriorConcrete
- RoofCommon Roof
- ConstructionConcrete
Additional Information
- Date ListedFebruary 12th, 2025
- Days on Market389
- HOA Fees770
- HOA Fees Freq.Monthly
Listing Details
- AgentCraig Bauman
- OfficeCraig J. Bauman
Price Change History for 3850 Riviera Drive # 3b, San Diego, (MLS® #250018703SD)
| Date | Details | Change | |
|---|---|---|---|
| Price Reduced from $1,468,000 to $1,448,000 | |||
| Price Reduced from $1,488,000 to $1,468,000 | |||
| Price Reduced from $1,510,000 to $1,488,000 | |||
| Price Reduced from $1,560,000 to $1,510,000 | |||
| Price Reduced from $1,610,000 to $1,560,000 | |||
| Show More (2) | |||
| Price Reduced from $1,680,000 to $1,610,000 | |||
| Price Increased from $1,195,000 to $1,680,000 | |||
Craig Bauman, Craig J. Bauman.
Based on information from California Regional Multiple Listing Service, Inc. as of March 28th, 2026 at 2:30am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.