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454 J St, San Diego, California 92101
$
3700
Bedrooms
2
Utilities Included
No
Bathrooms
3
Furnished
No
Available to Lease on
ASAP
Property Type
Townhouse
SQFT
1256
Key metrics
Rent
$
3700
Monthly Estimated Profit?
$
1,200
Annual Estimated Profit?
$
14,400
Acquisition Fee
$
2500
Security Deposit
$
3700
Average Daily Rate
$
$242
Occupancy
67%
Annual Revenue
$
58,800
Key Features

Property Description:
Beautifully upgraded 2-bedroom, 2.5-bathroom townhome located in the heart of San Diego’s Gaslamp Quarter. This rare two-story unit features a private patio, no upstairs or downstairs neighbors, and a smart layout designed for comfort and convenience. The main floor includes an open kitchen with recent upgrades, and a half bath ideal for guests. Upstairs offers two spacious bedrooms, each with private bathrooms, hardwood flooring, and in-unit laundry for added ease.

Property Features:

  • 2 Bedrooms / 2.5 Bathrooms
  • Dual primary suites with private baths
  • Recently updated kitchen with granite countertops, stainless steel appliances, custom white cabinetry, and tiled backsplash
  • Hardwood flooring upstairs
  • Half bath on the main floor
  • In-unit washer and dryer on upper level
  • Private patio
  • Two reserved underground gated parking spaces
  • No units above or below

Community Amenities:

  • Pool and spa
  • Fitness center
  • BBQ and courtyard area
  • Conference rooms
  • Secure gated garage

Location Highlights:

  • Located in downtown San Diego’s Gaslamp Quarter
  • Walkable to restaurants, nightlife, and shops
  • Easy access to public transportation and major freeways

Rental Terms:

  • Available July 1st
  • Owner pays water, sewer, and trash
  • Tenant responsible for gas and electricity

STR Regulations Summary:  

Status:
Mixed

View Regulations Here

San Diego has implemented strict regulations for non-owner occupied short-term rentals (STRs) as of May 1, 2023. Here are the key points:

  1. License requirement: All STRs must obtain a Short-Term Residential Occupancy (STRO) license47.
  2. Tiered system: Non-owner occupied STRs fall under Tier 3 for whole-home rentals outside Mission Beach, and Tier 4 for Mission Beach13.
  3. Caps on licenses:
    • Tier 3 permits are limited to 1% of the city's total housing units, excluding Mission Beach1.
    • Tier 4 permits (Mission Beach) are capped at 30% of available units in that area1.
  4. Minimum stay: Guests are required to stay a minimum of two nights for both Tier 3 and Tier 4 rentals1.
  5. License allocation: If applications exceed the cap, a lottery system is used, prioritizing hosts who have complied with city laws14.
  6. Good Neighbor Policy: All STR operators must adhere to guidelines on noise, trash, and occupancy limits3.
  7. Restrictions: Recreational vehicles, campers, or temporary structures cannot be used for STRs7.
  8. Penalties: Operating an STR without a license after May 1, 2023, is a violation and may result in penalties and jeopardize future license eligibility7.

While these regulations are strict, it is still feasible to operate a non-owner occupied STR in San Diego, provided you obtain the proper license and comply with all requirements

Property Location