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 di
Total Floor Area:
2,419 sq. ft.225 m2
Price Per SqFt:
1318.73
Lot Size:
4,000-7,499 SF
Lot Size:
5,001 sq. ft.465 m2
Total Bedrooms:
5
Bedrooms:
5
Bathrooms:
3.0
Full Bathrooms:
3
Half Bathrooms:
0
Fireplace Details:
FP in Family Room, Patio/Outdoors
Architecture:
Ranch
Residential Style:
Detached
Stories:
2 Story
Num Stories:
2
Total Stories:
2
Entry Level Unit:
1
Residential Unit Location:
No Common Walls
Year Built:
1938
Total Parking Spaces:
2
Market Area:
OTHER
County:
San Diego
Community:
MISSION HILLS
Home Owner Fees:
0.0
Mello Roos Fee:
0.0
Terms:
Cash, Conventional
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.
Elementary School:
San Diego Unified School District
Middle School:
San Diego Unified School District
High School:
San Diego Unified School District
Site Influences:
Curbs
Directions:
Laurel to Sassafras St (north) to Columbia St (east) Cross Street: Sassafras.
View:
Back Bay
Parcel Number:
4516120200
Heating:
Zoned Areas, Combination Heating
Heating fuel:
Natural Gas
Cooling:
Central Forced Air
Pool:
Private
Spa:
Private
Rooms:
Bedroom Entry Level, Den, Family Room, Walk-In Closet
Data was last updated April 25, 2025 at 07:10 PM (UTC)
Area Statistics
Listings on market:
44,343
Avg list price:
$705,000
Min list price:
$100
Max list price:
$150,000,000
Avg days on market:
51
Min days on market:
1
Max days on market:
2,818
Avg price per sq.ft.:
$445.13
These statistics are generated based on the current listing's property type
and located in
OTHER. Average values are
derived using median calculations.
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2025 San Diego Multiple Listing Service, Inc.
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