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  • MLS#: OC25048282 ( Single Family Residence )
  • Street Address: 3243 Columbia Street
  • Viewed: 4
  • Price: $3,190,000
  • Price sqft: $1,319
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1938
  • Bldg sqft: 2419
  • Bedrooms: 5
  • Total Baths: 3
  • Full Baths: 3
  • Garage / Parking Spaces: 2
  • Days On Market: 108
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92103
  • Subdivision: Mission Hills
  • District: San Diego Unified
  • Provided by: Tri-Star Realty
  • Contact: Carl Carl
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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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Features
Architectural Style
  1. Ranch
Assessments
  1. Unknown
Association Fee
  1. 0.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Central Air
Country
  1. US
Fireplace Features
  1. Family Room
  2. Patio
Flooring
  1. Stone
  2. Tile
  3. Wood
Garage Spaces
  1. 2.00
Heating
  1. Combination
  2. Natural Gas
  3. Zoned
Laundry Features
  1. Individual Room
Levels
  1. Two
Living Area Source
  1. Seller
Lockboxtype
  1. None
Lot Features
  1. Back Yard
  2. Front Yard
Parcel Number
  1. 4516120200
Patio And Porch Features
  1. Deck
  2. Patio
Pool Features
  1. Private
Property Type
  1. Single Family Residence
School District
  1. San Diego Unified
Sewer
  1. Public Sewer
Spa Features
  1. Private
Subdivision Name Other
  1. Mission Hills
View
  1. Back Bay
Water Source
  1. Public
Year Built
  1. 1938
Year Built Source
  1. Assessor
Zoning
  1. RM-2-5