3243 45 Columbia Street, San Diego, CA 92103
-
Listed Price :
$3,190,000
-
Beds :
5
-
Baths :
3
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Property Size :
2,419 sqft
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Year Built :
1938
Property 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 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.
Interior Features
| Laundry Information |
| Location(s) |
Laundry Room |
| Bedroom Information |
| Features |
Bedroom on Main Level |
| Bedrooms |
5 |
| Bathroom Information |
| Bathrooms |
3 |
| Flooring Information |
| Material |
Stone, Tile, Wood |
| Interior Information |
| Features |
Bedroom on Main Level, Walk-In Closet(s) |
| Cooling Type |
Central Air |
| Heating Type |
Combination, Natural Gas, Zoned |
Listing Information
| Address |
3243 45 Columbia Street |
| City |
San Diego |
| State |
CA |
| Zip |
92103 |
| County |
San Diego |
| Listing Agent |
Carl Wuestehube DRE #00634943 |
| Courtesy Of |
Tri-Star Realty |
| List Price |
$3,190,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
2,419 |
| Lot Size |
5,001 |
| Year Built |
1938 |
Listing information courtesy of: Carl Wuestehube, Tri-Star Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 10th, 2025 at 7:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
