Are you thinking about San Diego investment properties? Airbnb San Diego is the way to go. Here are the best neighborhoods in San Diego for Airbnb real estate properties.
San Diego Real Estate Market – Real Estate Analytics
Numbers drive everything we do in real estate investing. Knowing the numbers and understanding them makes all the difference in achieving a good deal. Why should you invest in San Diego real estate? Why should you go for Airbnb San Diego investment properties?
Because the numbers say so. Investing in vacation home rentals anywhere in the California real estate market is usually a safe bet seeing as the Golden State is where everyone wants to spend their vacation.
With the popularity of Airbnb on the rise, investing in Airbnb San Diego properties is the way to go. According to Airdna, Airbnb investment property in San Diego is realizing a 44% annual rental growth. Airbnb San Diego properties also achieved an occupancy rate of 86% last month.
This is all very impressive on its own, but we’re here to give you a neighborhood analysis of how Airbnb San Diego rental properties have been performing.
Related: The Ultimate Guide to the Airbnb Investment Property
Mashvisor conducts a nationwide data analysis by collecting data from reliable sources like MLS, Airbnb, Redfin, and more. Using our algorithms, we are able to make projections for nationwide areas. Mashvisor can also provide a neighborhood and property investment analysis for any city of your choosing.
Do you want to get your hands on this instantly available data? Start your free trial now! To start out your 7-day free trial with Mashvisor, click here.
Our Airbnb profit calculator has provided us with the following data on the San Diego real estate market.
Related: Airbnb Profit Calculator: The Ultimate Real Estate Investment Tool
Airbnb San Diego – City-Level Data
- Median Property Price: $823,342
- Monthly Airbnb Rental Income: $3,625
- Average Airbnb Cap Rate: 1.8%
- Average Airbnb Cash on Cash Return: 1.8%
The first thing you notice is the median property price. Believe it or not, this is acceptable for San Diego real estate property. If you’re investing anywhere in the California real estate market, price shouldn’t be your determining factor. San Diego real estate investors know this.
Airbnb investors are drawn to the San Diego real estate market because of low vacancy rates and a diversified economy. That’s what should be drawing you there as well.
The average city-level cap rate for Airbnb San Diego properties isn’t as high as some investors would like, but it’s not bad. Keep in mind these are average numbers, meaning you will definitely find individual Airbnb investment properties performing at a much higher cap rate in specific neighborhoods. Why keep waiting? Let’s get into the top neighborhoods for Airbnb San Diego investment properties.
PACIFIC BEACH
- Median Property Price: $1,037,345
- Monthly Airbnb Rental Income: $5,683
- Average Airbnb Cap Rate: 3.33%
- Average Airbnb Cash on Cash Return: 3.33%
HILLCREST
- Median Property Price: $827,419
- Monthly Airbnb Rental Income: $4,151
- Average Airbnb Cap Rate: 2.5%
- Average Airbnb Cash on Cash Return: 2.5%
EAST VILLAGE
- Median Property Price: $573,071
- Monthly Airbnb Rental Income: $2,888
- Average Airbnb Cap Rate: 1.52%
- Average Airbnb Cash on Cash Return: 1.52%
RANCHO BERNARDO
- Median Property Price: $697,475
- Monthly Airbnb Rental Income: $2,885
- Average Airbnb Cap Rate: 1.44%
- Average Airbnb Cash on Cash Return: 1.44%
MISSION VALLEY EAST
- Median Property Price: $690,789
- Monthly Airbnb Rental Income: $3,362
- Average Airbnb Cap Rate: 1.23%
- Average Airbnb Cash on Cash Return: 1.23%
Related: Why You Should Buy a San Diego Investment Property Now
Airbnb San Diego – Rental Properties for Sale
Knowing the average numbers for the best neighborhoods in San Diego is great. However, having data on actual listed real estate properties is better. With Mashvisor, you have access to that data.
Our Property Finder Tool is an easy-to-use digital tool designed to help you easily locate the best investment properties in whatever location you’re interested in. We’ve used our tool to locate a couple of top-performing Airbnb properties in the San Diego real estate market.
Great investment opportunities are out there waiting for you to make the move. They’re not even all restricted to the neighborhoods we’ve mentioned. That just goes to show how, if you have the right resources, you can easily find great investment properties anywhere. Here are just a couple of great San Diego investment properties currently listed.
Property #1
- Neighborhood: Pacific Beach
- Property Type: Single Family Residential
- Listed Property Price: $969,000
- 1,408 Sq/Ft
- $688 per Sq/Ft
- 4 Beds and 3 Baths
- Comparable Airbnb Rental Income: $8,360
- Airbnb Cap Rate: 5.45%
- Airbnb Occupancy Rate: 67%
- Short Description: Beautiful 4 bedroom single level remodel. Stunning Cantina front entry door opens to an entertaining design that flows throughout. Open concept kitchen with quartz countertops & state of the art upgrades will inspire the chef in you. A sunny & spacious backyard with a patio area, RV pad, and room to build an additional 1,200 sq. ft. rental unit.
Property #2
- Neighborhood: Rancho Bernardo
- Property Type: Single Family Residential
- Listed Property Price: $248,500
- 1,800 Sq/Ft
- $138 per Sq/Ft
- 3 Beds and 3 Baths
- Comparable Airbnb Rental Income: $4,155
- Airbnb Cap Rate: 10.72%
- Airbnb Occupancy Rate: 50%
- Short Description: This is a great opportunity to own a home with beautiful views for miles of the Antelope Valley. Horses are allowed on this 1-acre parcel with a stream running through the property. A good opportunity to own a charming home with room and still be close to Mammoth mountain and Lake Tahoe.
Property #3
- Neighborhood: Pacific Beach
- Property Type: Condo/Coop
- Listed Property Price: $419,900
- 897 Sq/Ft
- $468 per Sq/Ft
- 2 Beds and 2 Baths
- Comparable Airbnb Rental Income: $4,358
- Airbnb Cap Rate: 5.24%
- Airbnb Occupancy Rate: 68%
- Short Description: This is a beautiful ground floor condo that has just been upgraded throughout. New appliances, new carpet, new paint, new fans in living room and both bedrooms. Blocks to Mission Bay, shopping, and entertainment.
Property #4
- Neighborhood: Point Loma Heights
- Property Type: Single Family Residential
- Listed Property Price: $539,000
- 1,400 Sq/Ft
- $385 per Sq/Ft
- 3 Beds and 2 Baths
- Comparable Airbnb Rental Income: $5,225
- Airbnb Cap Rate: 5.59%
- Airbnb Occupancy Rate: 73%
Property #5
- Neighborhood: La Jolla
- Property Type: Single Family Residential
- Listed Property Price: $479,000
- 751 Sq/Ft
- $638 per Sq/Ft
- 2 Beds and 1 Bath
- Comparable Airbnb Rental Income: $4,666
- Airbnb Cap Rate: 5.50%
- Airbnb Occupancy Rate: 69%
- Short Description: Just a short stroll to the famous La Jolla Shores beach, shops, restaurants, Kellogg Park. This light and bright, quaint and quiet home has an open floor plan, a den (used as 2nd bedroom), SS appliances, granite countertops throughout, and bamboo flooring.
Note: Interested in these properties? Continue your search for Airbnb San Diego investment properties with Mashvisor. To get more details on the listed properties and others in the San Diego real estate market, click here.