San Diego’s diverse neighborhoods offer unique opportunities for short-term rental investments. The city’s coastal beauty, vibrant culture, and year-round pleasant weather make it one of the top Airbnb markets in California.
Below are the best-performing zip codes for investing in San Diego Airbnbs based on gross yield, annual revenue, and Zillow home values. This analysis can help investors understand the most lucrative markets within the city.
92119: San Carlos and Lake Murray Area
- Gross Yield: 9%
- Annual Revenue: $85,497
- Zillow Home Value: $998.4K
92119 encompasses the neighborhoods of San Carlos and parts of the Lake Murray area, both of which attract outdoor enthusiasts thanks to proximity to Cowles Mountain and Mission Trails Regional Park. It offers one of the highest gross yields in San Diego, making it particularly attractive for investors.
The annual revenue of $85,497 reflects the strong demand for short-term rentals here, while the Zillow home value indicates a relatively affordable entry point compared to coastal San Diego areas.
92102: Golden Hill and South Park
- Gross Yield: 5%
- Annual Revenue: $38,076
- Zillow Home Value: $740.6K
The 92102 zip code covers parts of Golden Hill and South Park, two historic neighborhoods known for their eclectic charm, vibrant coffee shops, and local boutiques. This area attracts both tourists and digital nomads looking for a more bohemian vibe. While the gross yield is lower at 5%, the annual revenue is still notable at $38,076. The home value of $740.6K provides a more accessible entry for investors aiming to capture steady rental demand.
92139: Paradise Hills
- Gross Yield: 5%
- Annual Revenue: $33,358
- Zillow Home Value: $738.0K
Paradise Hills is part of the southeastern San Diego region, offering a suburban feel with a mix of residential properties. It’s less crowded than central San Diego, making it attractive for families visiting the area. With a gross yield of 5% and annual revenue of $33,358, this zip code offers decent returns for a relatively lower property price point, as indicated by the $738.0K home value.
