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Status: ACTIVE

3243 Columbia St 
San Diego, CA 92103

$2,975,000

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How often do you get an opportunity to have your cake and eat it too? Check out this one-of-a-kind opportunity to own a luxury resort in the middle of the city AND earn a hefty six figure income guaranteed. (new par) Turnkey Luxury Vacation Rental Villa with Guaranteed $300,000 Annual Gross Income Incredibly Rare Opportunity! Discover the ultimate investment in San Diego with this stunning 5-bedroom, 3-bath villa, already a top-performing licensed vacation rental. Nestled in the heart of the city, this property offers a seamless blend of luxury living and proven profitability, making it perfect for investors or those seeking a dream home with income and tax saving potential. Guaranteed Income: Keep the current management company and enjoy a guaranteed gross income of $300,000 per year for two years. The property comes fully furnished with high end decor, is licensed by the city of San Diego, and is designated as a Guest Favorite on Airbnb with average review score of 4.94/5.0 (https://www.airbnb.com/rooms/45786328). Luxury Features include: Heated pool and hot tub with waterfall, Stainless Steel Japanese soaking tub, Game room with pool table, arcade, skeeball, darts, and more, and top of the line furnishings throughout. Panoramic observation deck with breathtaking 230 degree views of downtown San Diego, the harbor, and beyond Separate Studio Apartment: Includes a kitchen, bath, and private entranceideal for added privacy or additional rental income (this unit is rented along with the main home, but can be used by owner as needed). Prime Location Located within walking distance to iconic attractions like Balboa Park, Little Italy, and the San Diego Zoo, and just minutes from beaches, downtown, and Coronado Island. This propertys central location ensures consistent demand from vacationers year-round. Why This Property? This home is more than just a residenceits a thriving business opportunity. With an established Airbnb presence and rave reviews (4.94/5 stars), it offers both luxury living and reliable cash flow. Based on the current P&L the property offers a 5.2% CAP Rate, among the strongest of any property currently listed in in San Diego. You will also enjoy tax benefits that come with accelerated depreciation on short term rental FF&E. Combine that with a 2-year revenue guarantee, and wont find another deal like this anywhere.
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Bedrooms
5
Baths
3
House Size
2,419 sqft
Year Built
1938
Lot Size
0.11 ac
School District
San Diego Unified School Distric

Location

Market Insights

In the last 30 days, homes for sale in 92103, San Diego, CA were on the market for a median of 37 days and 21.43% of homes sold above list price.

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Interior Information

cooling
Central Air
fireplace
Family Room
Outside
heating
Zoned
Natural Gas

Exterior Information

patio and porch
Patio
pool
Private

Property Information

architectural style
Ranch
community
Curbs
sewer
Public Sewer
subdivision name
Mission Hills
water source
Public
  • Listed By Carl Wuestehube
  • Carl@HomeListers.org
  • (949) 276-7325
  • Tri-Star Realty
  • (800) 621-4258
  • Carl@Homelisters.org
  • MLS OC25199204

Monthly Payments Calculator

Estimated Monthly Cost

$18,454

30 year fixed·6.9% interest rate
Principal & Interest
$15,675
Property Taxes
$2,479
Home Insurance
$300
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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