3243 45 Columbia Street Unit 45
San Diego, CA 92103
- 5 beds
- 3 baths
- 2,419 sqft
- 5,001 sqft lot
- $1,318 per sqft
- 1938 build
- – on site
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.
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Last updated Mar 5, 2025
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MLS# OC25048282 —
The Building
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Year Built:1938
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:2
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Unit Number:45
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Architectural Style:Ranch
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Structure Type:House
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Stories Total:2
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Entry Level:1
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Patio And Porch Features:Deck, Patio
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Patio:1
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Common Walls:No Common Walls
Interior
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Levels:Two
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Entry Location:1
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Flooring:Stone, Tile, Wood
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Room Type:Den, Family Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
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Living Area Units:Square Feet
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Living Area Source:Seller
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Fireplace:Yes
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Fireplace:Family Room, Patio
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Laundry:Individual Room
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Laundry:1
Room Dimensions
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Living Area:2419.00
Location
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Directions:Laurel to Sassafras St (north) to Columbia St (east) Cross Street: Sassafras.
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Latitude:32.73755300
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Longitude:-117.17475900
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:RM-2-5
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Lot Features:Back Yard, Front Yard
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Lot Size Area:5001.0000
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Lot Size Acres:0.1148
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Lot Size SqFt:5001.00
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Lot Size Source:Assessor
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View:1
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View:Back Bay
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:61.00
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Tax Tract:CC1...
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Tax Lot:3
Beds
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Total Bedrooms:5
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Main Level Bedrooms:5
Baths
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Total Baths:3
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Full & Three Quarter Baths:3
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Main Level Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4516120200
Heating & Cooling
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Heating:1
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Heating:Combination, Natural Gas, Zoned
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:San Diego Unified
The Community
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Subdivision:Mission Hills
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Subdivision:Mission Hills
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Features:Curbs
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Association:No
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Pool:Private
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Senior Community:No
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Spa:1
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Private Pool:Yes
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Spa Features:Private
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking Spaces:2.00
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Attached Garage:Yes
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Garage Spaces:2.00
Monthly cost estimate
Asking price
$3,190,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$17,081
|
| Taxes | N/A |
| Insurance | $877 |
| Utilities | $227 See report |
| Total | $18,185/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/5/25
Mar 5, 2025
|
Listed / Active | CRMLS_CA | $3,190,000 |
