350 San Elijo
San Diego, CA 92106
$3,297,000
PRICED BELOW APPRAISED VALUE! Live in La Playa & Generate Income — Exceptional Bay Views + Private Guest Suite Rare opportunity to own a beautifully renovated coastal property in coveted La Playa that offers the best of both worlds: sophisticated owner-occupied living PLUS a private, income-producing space. Ideally positioned just two blocks from Kellogg’s Beach and outside the flight path, this exceptional Point Loma residence combines stunning bay views, luxurious finishes, multiple outdoor spaces, and tremendous flexibility for homeowners, multi-generational living, or investors. The main upper level is designed for elevated coastal living, with an expansive open-concept great room connecting the living, dining, and kitchen areas. Large windows and multiple decks showcase beautiful water views, creating a seamless indoor-outdoor Southern California lifestyle. Three spacious bedrooms are each complemented by their own bathrooms, while the luxurious primary suite features a spa-inspired bath, walk-in closet, private deck, and access to the backyard. The lower level is where this property truly sets itself apart. A private, oversized ground-level suite with no stairs includes its own kitchen, laundry, and two full bathrooms. Whether used as a long-term rental, guest residence, extended-family quarters, or private space for a caregiver, this versatile suite provides an excellent opportunity to offset the cost of ownership while maintaining privacy from the main living areas. For an owner-occupant, live upstairs and rent the lower-level suite—a compelling way to generate
| Listing Id: | 260026970 |
|---|---|
| List Price: | $3,297,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 5 |
| Bathrooms Half: | 1 |
| Association Fee: | $0 |
| Lot Size Square Feet: | 7,546.0 |
| Waterfront?: | No |
| City: | San Diego |
| County Or Parish: | San Diego |
| Subdivision Name: | Point Loma |
| Postal Code: | 92106 |
| Year Built: | 1951 |
| Number Of Units Total: | 0 |
| Association Fee Frequency: | N/K |
| Association Fee Includes: | N/K |
| Basement: | false |
| Bathrooms Total Integer: | 6 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Stucco, Wood/Stucco |
| Cooling: | Central Forced Air, Wall/Window, Zoned Area(s) |
| Directions: | Take Rosecrans South towards the end of the Point to Lawrence Street turn right. Turn left onto San Elijo Street. |
| Elementary School District: | San Diego Unified School Distric |
| Fencing: | Gate, Partial |
| Heating: | Forced Air Unit, Wall/Gravity |
| High School District: | San Diego Unified School Distric |
| Levels: | 2 Story |
| Living Area Units: | SquareFeet |
| Lot Size Area: | 0.17 |
| Lot Size Units: | Acres |
| MLS Area Major: | Coastal South |
| Middle Or Junior School District: | San Diego Unified School Distric |
| Parcel Number: | 532-473-06-00 |
| Photos Change Timestamp: | 2026-11-12T22:39:35Z |
| Pool Features: | N/K |
| Roof: | Tile/Clay |
| Spa Features: | N/K |
| Special Listing Conditions: | N/K |
| State Or Province: | CA |
| Stories Total: | 2 |
| Utilities: | Sewer Connected |
| View: | Bay, City, Evening Lights, Mountains/Hills, Ocean, Panoramic, Parklike |
| Water Source: | Meter on Property |
| Zoning: | R-1:SINGLE |
| Sdmls Neighborhood: | La Playa |
| Building Name: | La Playa Units |
| Sdmls Area Zip: | POINT LOMA (92106) |
| Sdmls Lvt Date: | 2026-11-12 |
| Original List Price: | $3,297,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Frontage Type: | Bay |
| Heat Source: | Electric, Natural Gas |
| Irrigation Source: | Automatic, Sprinklers |
| Miscellaneous: | N/K |
| Possession: | Close of Escrow |
| Security Features: | Other/Remarks |
| Site: | Corner Lot, Curbs, Public Street, Rear Yd Str Access, Sidewalks, Street Paved, West of I-5 |
| Telecommunications: | Cable (coaxial) |
| Tenant Pays: | Sewer, Water, Electricity, Gas/Propane, Hot Water |
| Listing Terms: | Cal Vet, Cash, Conventional, FHA, VA |
| Sdmls Short Sale: | No |
| Pets Allowed: | Yes |
| Sdmls Internet Address: | 350 San Elijo |
| Sdmls Home Owner Fee Reflects: | None Known |
| Jurisdiction: | Incorporated |
| Sdmls Cap Rate Projected: | 4 |
| Sdmls Unit1 Projected Rent: | 8,600 |
| Sdmls Unit2 Projected Rent: | 2,400 |
| Number Of Buildings: | 1 |
| Sdmls Max Search Price: | 3,297,000 |
| Sdmls Num Unitsw Cooling: | 2 |
| Sdmls Geo Update Timestamp: | 2026-11-12T22:39:35.1 |
| Sdmls Full Address: | 350 San Elijo |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260026970 |
| Sdmls Unit1 Full Baths: | 3.0 |
| Sdmls Unit2 Full Baths: | 2.0 |
| Sdmls Unit1 Half Baths: | 1.0 |
| Sdmls Unit1 Beds: | 3.0 |
| Sdmls Unit2 Beds: | 1.0 |
| Sdmls Lot Size: | 7, 500-10, 889 SF |
| Sdmls Supplement Remarks: | Every detail has been thoughtfully considered in the renovation, creating a residence that feels polished, inviting, and distinctly elevated while retaining the relaxed sophistication that defines La Playa. With its prime beachside location, expansive indoor-outdoor living, beautiful water views, and exceptional sense of place, this is a rare opportunity to experience one of Point Lomas most desirable coastal enclaves. |
| On Market Date: | 2026-11-12 |
Listing Courtesy of: Coldwell Banker West
Listing Agent: Tami Fuller
619-226-8264
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© 2026 San Diego MLS.
San Diego MLS data last updated on November 13, 2026 01:42 AM - PT.
Property Last Updated: November 13, 2026 01:42 AM - PT
