Investment Overview

Marcus & Millichap is delighted to present this luxurious ocean-view vacation rental in the highly sought-after community of Sunset Cliffs (Ocean Beach), San Diego. Extensively remodeled since 2015, this extraordinary 2,500-square-foot, 5-bedroom/4-bath house has a long history of being operated as a vacation rental, offering nightly rates ranging from $738 to $875. In 2022, the income from just the 5BR house exceeded $220,000! Currently, the property is fully booked throughout the remainder of 2023, a testament to the exceptional living spaces and its unbeatable location. In addition, there is a separate 1-bedroom/1-bath unit that boasts ocean views from every room, serving as an ideal owner's unit or an additional rental unit. Both units spare no expense, featuring ultra-high-end appliances and perfectly fitting furniture. Additionally, the property boasts 44 owned solar panels, which significantly reduce utility costs compared to other investment opportunities on the market. Sunset Cliffs, at the southern end of Ocean Beach, is a highly desirable primarily residential neighborhood known for its relaxed atmosphere, sandy shores, and captivating sunsets, attracting surfers, sunbathers, and visitors. Along Sunset Cliffs Blvd, you'll discover various casual cafes and eateries, creating a laid-back coastal vibe. The Historic Ocean Beach Pier, as well as shopping, dining, and nightlife on Newport Avenue, are just a short walk away while maintaining the peace and tranquility of the Sunset Cliffs Neighborhood. With a walk score exceeding 70, it's considered 'Very Walkable. The home is exquisitely furnished with high-end furniture, and it can be sold furnished, depending on the purchase price. This is an exceptional opportunity for those looking to invest in a truly remarkable property in a prime location.