Property Detail
Description
Rare eight-unit coastal income property in Riviera Village, half a block from the Esplanade and less than 0.1 mile to the sand. Five of the eight units enjoy ocean views. Four 2BD/1BA and four 1BD/1BA units averaging approximately 828 SF, on an approx. 9,000 SF lot with covered parking and on-site laundry. Unit 4, a two-bedroom, will be delivered vacant: renovate it to your own standard and lease at market, or occupy it yourself. Offered at a 4.12% cap rate and 15.67 GRM on current rents (vacant unit at market), with renovated rents supporting a 5.15% cap and 13.34 GRM. Most windows have been replaced, the electrical has been updated and the SB 721 balcony inspection is complete. No local rent control (AB 1482 only), and all tenancies are month-to-month. Steps to Riviera Village dining and shopping.
Map Location
Listing provided courtesy of Gianluca Jacoli of Shield CRE, Inc.. Last updated 2026-10-13 08:11:02.000000. Listing information © 2025 CRMLS.
San Diego Office:
6904 Federal Blvd.
Lemon Grove, CA 91945
(619) 825-9560
Temecula/Murrieta Office:
29910 Murrieta Hot Springs Rd. Ste E
Murrieta, CA 92563
(951) 677-0083
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
Destiny Six Financial
Destiny Six Financial is a family-owned and operated, real estate and mortgage company. We have been serving Southern California for over 20+ years. At Destiny Six Financial, we strive to treat every client with the respect and personal service that you deserve. We understand the big commitment you are making in buying or selling a home, refinancing a mortgage, or cashing out your home equity, and we are here to make that journey an easy process for you.
Call us today at one of our convenient locations:
San Diego Office: 619.825.9560
Temecula/Murrieta Office: 951.677.0083
San Diego: 6904 Federal blvd. Lemon Grove ca. 91945
Temecula: 29910 Murrieta Hot Springs Rd. Ste E. Murrieta ca 92563
CA DRE# 1271639
Corporate DRE #02215045
NMLS Individual #326258
NMLS Corporate #2524339
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.
© 2025 Destiny Six Financial - All rights Reserved. Privacy Policy | Sitemap
Powered by: 
