San Diego Income Properties for Sale
Vacation Homes: To Buy with the intention to Rent
As a Realtor in San Diego, my responsibility is to assist and advise you during the home search process. I’ve created this page because many people ask me about Short-Term Residential Rentals near the beach. The concept is amazing: buy your vacation home and rent it out when you’re not living there. I think this is a fantastic idea.
There are a few steps you will need to take on your own (as a Residential Realtor, I am not licensed to deliver legal advice). Here are some steps to follow:
Hire a Realtor who is a Buyer’s Representative. Sign a Buyer’s Representative and Broker’s Compensation Agreement, affectionately called a “BRBC.” There is no charge to work with a Buyer’s Representative until you purchase a property.
Contact a property manager who specializes in short-term rentals in the area where you want to buy a vacation property. (Many companies in San Diego do this.)
Contact a local real estate attorney and develop a relationship with them for help navigating the San Diego license processes.
Find a property you like, and confirm with your lawyer and property manager that the property meets your desired plan.
Get the Green Light? Work with your Me agent to write a Residential Purchase Agreement (RPA) and submit an offer to buy.
Remember, while Mission Beach has sold out of permits, there’s still a chance for you! You can secure a spot on the waitlist after purchasing your property. Although it’s not a guarantee, I’m optimistic that with some effort, you could secure a permit.
Quick Contact: [email protected] or call 858-330-1242 (Feel free to call me. Let’s talk about real estate.)
Short Term Rental Notes
While Mission Beach Tier 4 has sold out of permits, there’s still a chance for you! You can secure a spot on the waitlist after purchasing your property. I’m optimistic that with some effort, you could secure a permit; there is a waitlist. But the wait could be over 7 years. You will need to do your own research. Contact the City of San Diego for details. (STRO City Link)
Quick Notes:
STRO = Rentals less than 31 Days
Tier 4 Mission Beach Exclusively. More than 90 Days Per Year. (Sold Out)
Tier 3 Vacation Rentals Excluding Mission Beach. More than 90 Days Per Year. Outside Mission Beach. (YES, Some Available)
Tier 2 Hosts live on the property, renting over 20 days per year.
Tier 1 Renting aggregate of less than 20 Days per year.
Rentals over 31 days are NOT STRO. So, these rules don’t apply.
Houses for Sale in Pacific Beach & Mission Beach. Click the Links to see the Listings. Call me if you want to view anything. Make sure to sign up/Sign in.
For Other Areas outside MB & PB
(Coronado & Imperial Beach is not part of the City of San Diego STRO program)
La Jolla
2 Mill and lower. (Should be almost none)
Townhomes/Condos (Call me 858-330-1242)
La Jolla is part of the City of San Diego. STRO
San Diego Short-Term Rental Rules May be Confusing for some.
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