Annual Revenue
$85,497
Based on 30 full time Airbnb rentals
Average Daily Rate
$383
Gross Yield
8.56%
Occupancy Rate
61%
As of October of 2024, Homes in 92119 ZIP Code have appreciated by 10.85%, with the median home value standing at $999,694, according to Zillow.
There are currently 30 active short-term rentals in 92119 ZIP Code. The average daily rate for these rentals is $383. This translates to an annual revenue of $111,146 for short-term rentals as of October of 2024.
92119 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$383
Occupancy Rate Trend
61%
As of October of 2024, the average gross yield for short-term rentals in 92119 ZIP Code is 8.56%. However, potential investors should also consider the average property tax, which stands at 0.75% according to SmartAsset.
The median household income in 92119 is $58,231.
As of October of 2024, the occupancy rate for Airbnb rentals in 92119 is 61%, which is higher than the average occupancy rate for the United States.
As of October of 2024 The unemployment rate in 92119 ZIP Code is 5%, which is higher than the national average of 4.1%.
The most impactful amenities for short-term rentals in 92119 include a Kayak, Baby safety gates, and Waterfront.
92119 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Los Angeles, CA (5.89% of all guests), San Diego, CA (5.22% of all guests), and Phoenix, AZ (3.29% of all guests).
The top short-term rental hosts in 92119 ZIP Code include Vacasa California, RoomPicks and Bluewater Vacation Homes. These hosts have an average rating of 4.56, 4.53 and 4.88 respectively.
The most popular property types in 92119 ZIP Code are 2-bedroom units, with an average daily rate of $383 and an annual revenue of $0.
The average booking lead time for short-term rentals in 92119 ZIP Code is 53 days.
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