#PTP2405435, Bryen Beglinger, Listing Office: eXp Realty of California, Inc

324345 Columbia St San Diego, CA 92103
Property details
About 324345 Columbia St
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.
Highlights
Summary
- MLS Number: OC25048282
- MLS Name: CRMLS
- Office Name: Tri-Star Realty
- Office Phone: (714) 791-6026
- Listing Agent: Carl Wuestehube
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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Last updated on: 3/14/2025, 7:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$3,190,000
324345 Columbia St
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Price information
Property sales
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Tax history
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Nearby schools
5
Florence Elementary School
Public District KG-5
1.0 mi
•3914 1st Ave
6
Dewey Elementary School
Public District KG-4
1.6 mi
•3251 Rosecrans St
3
Washington Elementary School
Public District KG-5
1.6 mi
•1789 State St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,271. The most common annual income of people living in San Diego, CA is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
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Frequently asked questions
About 324345 Columbia St
This home is located at 324345 Columbia St in San Diego, CA and zip code 92103 in the Midtown neighborhood. This 2,419 square foot home, which was built in 1938, sits on a 0.11 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $3,190,000.
In February 2025 more than 47 listings in San Diego, CA were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 66 were sold below. The number of homes for sale in San Diego, CA increased by 8.9% between January and February 2025. In February 2025, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $949,203.