3608 Oleander , San Diego, CA 92106
$2,995,000
Est. Payment: $15,123.87/mo
5 Bed
4.5 Bath
3269 Sqft
Status: active | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Mark V Palmiere , 585-739-6955 and Daniel Grandfield , 781-727-2786 Grandfield Properties, Inc. , San Diego County Multiple Listing Service mls logo

Property Type

Residential

Lot/Acreage
0.15

Year Built

1951

County

San Diego

Area

Coastal South

Neighborhood

Point Loma

Listing ID

260006868

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:4.5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Appliances:Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Washer, Water Softener, 6 Burner Stove, Built In Range, Convection Oven, Double Oven, Freezer, Gas Oven, Gas Stove, Ice Maker, Range/Stove Hood, Barbecue, Gas Range, Built-In, Counter Top, Gas Cooking
Air Cond:Central Forced Air,Zoned Area(s),Electric,High Efficiency
Fireplaces:FP in Living Room,Gas
Floor:Linoleum/Vinyl,Ceramic Tile
Other:Balcony,Bathtub,Ceiling Fan,High Ceilings (9 Feet+),Kitchen Island,Living Room Deck Attached,Open Floor Plan,Pantry,Recessed Lighting,Remodeled Kitchen,Shower,Shower in Tub,Kitchen Open to Family Rm
Other:Public

Exterior Features

Garage Capacity:4
Zoning:R-1:SINGLE
Roof:Synthetic,Flat
Others:Turnkey,Updated/Remodeled
Sewer:Public Sewer
Parking Features:Garage,Garage - Front Entry,Garage - Side Entry,EV Charging Station(s)
Principal Interest
$15,124
Taxes
$1,909

Home Price

$2,995,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$599,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,123.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,123.87 $1,909.31 $0.00 $17,033.18
Yearly $181,486.45 $22,911.75 $0.00 $204,398.20
Total $5,444,593.61 $687,352.50 $0.00 $6,131,946.11

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-10T20:38:14.000Z

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