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$3,190,000
27 Days On Site

3243 Columbia Street
San Diego, CA 92103

For Sale|Single Family Residence|Active
5
Beds
3
Full Baths
0
Partial Baths
2,419
SqFt
$1,319
/SqFt
1938
Built
Subdivision:
Mission Hills
County:
San Diego
Listed by Carl Wuestehube of Tri-Star Realty [email protected]

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

3243 Columbia Street3243 Columbia Street3243 Columbia Street3243 Columbia Street
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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 entrance—ideal 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 property’s central location ensures consistent demand from vacationers year-round. Why This Property? This home is more than just a residence—it’s 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 won’t find another deal like this anywhere.

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Listing Snapshot
Price 
$3,190,000
Days On Site 
27 Days
Bedrooms 
5
Inside Area (SqFt) 
2,419 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
0.1148 Acres
Year Built 
1938
MLS® Number 
OC25048282
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.1148
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
2
Parking 
Attached
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
Two
Style 
Ranch
Water Source 
Public
Zoning 
RM-2-5
Interior Features
Cooling 
Central Air
Fireplace 
Yes
Fireplace Features 
Family RoomOutside
Flooring 
StoneTileWood
Heating 
Natural GasZoned
Interior 
Walk-In Closet(s)Master Downstairs
Laundry Features 
Laundry Room
Main Level Bedrooms 
5
Spa 
Yes
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Exterior Features
Construction Details 
Stone
Lot Features 
Back YardFront Yard
Patio And Porch 
DeckPatio
Pool Features 
Private
Private Pool 
Yes
Spa 
Yes
Spa Features 
Private
Community Features
Building Access 
1
Community Features 
Curbs
Financing Terms Available 
CashConventional
MLS Area 
92103 - Mission Hills
School District 
San Diego Unified
Schools
School District
San Diego Unified
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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