San Diego (and other CA beach areas) Vacation Rental

[Christopher Monsour]

Hi BP-

Hoping I can get some info/advice from other vacation rental landlords. 

I have a 1300 sq ft home in Point Loma (corner of Rosecrans and Nimitz for those familiar). It is a cute cottage style home with unique architecture. Its currently setup as a 2 bed/2 bath with two living rooms. It is possible to convert into a full 3 bedroom although it would break up the flow of the house a little bit. Pro's are it is very central; about a mile from the beach, walking distance to the bay, and across the street from a grocery store and shops/restaurants. Con's are it is on Nimitz Blvd so its a busier street, and there are several multi-family properties as neighbors. 

I'm mostly trying to figure out if vacation renting is something I should pursue or if renting it out traditionally would be a better option. I'd estimate in the current market a long term lease would get somewhere between $2500-2800/month. Some more specific questions below. Thanks in advance!

• How much could I expect as a nightly rate? Monthly revenue?
• How seasonal is the San Diego Vacation rental market?
• Air BnB vs VRBO and others?
• What specifically makes something a good vacation rental?
• Anything else I'm not considering or asking?