3608 Oleander, Point Loma (Pt Loma), CA 92106

$2,995,000
5
BD
5
BA
3,269
SqFt

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List Price
$2,995,000
Price Change
▼ $105,000 1781731135
Days on Market
126
Status
ACTIVE
MLS#
260006868
Bedrooms
5
Bathrooms
5
Living Sq. Ft
3,269
Lot Size(apprx.)
6,400
City
Point Loma (Pt Loma)
Neighborhood
Point Loma
Property Type
Single Family Residential
Year Built
1951

Property Description

Experience elevated coastal living in this exceptional, 5-bedroom, 4.5-bath, 3,269 sqft home located in the highly coveted Loma Portal neighborhood of Point Loma. A "New-Build" Remodel in 2021, unlock additional income potential with the first-floor ensuite conversion into a separate ADU or in-law suite. Currently operating as a top-performing short-term rental generating $270K+ annually, this property has projected upside exceeding $300K+ through strategic amenity enhancements. Assumable 2.8% VA loan! Designed for luxury living through high-performance rental income, the home features an open-concept layout anchored by a grand staircase, a chef’s kitchen with premium stainless steel appliances and a built-in Thermador espresso system, and fully integrated motorized blinds. Fleetwood floor-to-ceiling glass systems define the home, featuring a dramatic oversized pivot front entry and dual rear pocketing glass walls that fully retract to create seamless indoor-outdoor living. The private outdoor retreat includes a heated saltwater pool, recessed ceiling-mounted patio heaters, and multiple lounge and dining areas. Convert the expansive lower yard space for a mini pickleball court, further enhancing guest appeal and revenue potential. Energy-efficient features include solar panels integrated with a TPO roofing system and a 220V EV charging outlet in the attached two-car garage. Situated on a quiet cul-de-sac with views of SeaWorld fireworks, this home is just minutes from Liberty Station, Sunset Cliffs, San Diego’s iconic beaches, waterfront dining, and downtown.

Additional Information

View
Valley
Frontage
Canyon
Architectural Style
Modernist
Roof
Synthetic, Flat
Cooling
Central Air, Zoned, Electric, High Efficiency
Laundry
Electric Dryer Hookup, Gas
Heat Source
Fireplace, Forced Air, Solar
Parking Garage Spaces
4

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Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mark V Palmiere (585-739-6955) from Listing Office: Grandfield Properties, Inc..

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