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3243 Columbia Street
San Diego, CA, 92103
$3,190,000
5 Beds
3 Baths
2,419 SqFt
0.11 Acres
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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&#38'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&#38'E. Combine that with a 2-year revenue guarantee, and won’t find another deal like this anywhere.

Property Details

Price:
$3,190,000
MLS #:
OC25048282
Status:
Active
Beds:
5
Baths:
3
Address:
3243 Columbia Street
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Mission Hills
Neighborhood:
92103missionhills
City:
San Diego
Listed Date:
Mar 5, 2025
State:
CA
Finished Sq Ft:
2,419
ZIP:
92103
Lot Size:
5,001 sqft / 0.11 acres (approx)
Year Built:
1938
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Thank you for visiting my website. I am Leanne Lager. I have been lucky enough to call north county my home for over 22 years now. Living in Carlsbad has allowed me to live the lifestyle of my dreams. I graduated CSUSM with a degree in Communications which has allowed me to utilize my passion for both working with people and real estate. I am motivated by connecting my clients with the lifestyle of their dreams. I joined Turner Real Estate based in beautiful downtown Carlsbad Village and found …

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Schools

School District:
San Diego Unified

Interior

Cooling
Central Air
Fireplace Features
Family Room, Patio
Flooring
Stone, Tile, Wood
Heating
Combination, Natural Gas, Zoned

Exterior

Community Features
Curbs
Garage Spaces
2.00
Lot Features
Back Yard, Front Yard
Parking Spots
2.00
Pool Features
Private
Sewer
Public Sewer
Spa Features
Private
Stories Total
2
View
Back Bay
Water Source
Public

Financial

Association Fee
0.00

Map

Community

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3243 Columbia Street
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