Renovated Apartment Just Leased in San Diego – $2,750/mo in Just 14 Days

249 San Jacinto Dr, San Diego

Table of Contents

$2,750
Monthly Rent
14 Days
on Market
3 / 1
Bed / Bath
912
Square Feet
The Property

A Fully Renovated Unit in a Neighborhood Where Demand Is Climbing

San Diego is seeing more and more qualified renters — people priced out of downtown and the coast who want space, value, and modern finishes. That's exactly what this property delivers.

249 San Jacinto Dr is a 912 sq ft, 3-bedroom, 1-bathroom apartment that went through a full renovation before we listed it. New hard-surface flooring, updated kitchen, modern fixtures, reserved parking, and on-site laundry access. Not luxury branding — just a well-done product that matches what good tenants actually want.

The owner invested in the renovation. Our job was to make sure that investment translated into real, measurable returns — fast.

Our Approach

How We Priced It, Marketed It, and Filled It

Pricing: Pushed It — On Purpose

A 3-bed, 1-bath layout can be tricky. Some managers play it safe and price low. We pulled comps within a two-mile radius, saw a shortage of upgraded multi-bedroom apartments, and priced at $2,750 — the upper range for the area. The renovation justified it. The market confirmed it.

Marketing: Functional, Not Fluffy

We didn't market this as a "dream home." We positioned it as what it is — a renovated, low-maintenance apartment with modern finishes, parking, and laundry. We syndicated across 20+ rental platforms and launched mid-week to catch peak weekend traffic.

Screening: No Shortcuts

Every showing was pre-screened. If an applicant didn't meet baseline income requirements, they didn't get a tour. That gave us 18 qualified showings and 5 complete applications in the first week — without wasting anyone's time.

The Numbers

Leasing Results at a Glance

Metric Result
Monthly Rent $2,750/mo
Bedroom / Bathroom 3 / 1
Days on Market 14 days
Qualified Showings 18
Applications (first 7 days) 5
What This Means for Owners

Three Takeaways From This Lease

📈

Renovated Units Rent Faster

Tenants will pay more for modern finishes. The market clearly splits between outdated units that sit and renovated ones that move. This unit proves it.

💰

Rent Ceilings Are Moving Up in 92114

$2,750 for 912 sq ft signals that pricing in this zip code is expanding — if the asset quality backs it up. Owners should re-evaluate against current comps, not last year's rent roll.

🔑

Good Tenants Expect Professional Management

Transparent leasing, responsive communication, reserved parking, and accessible laundry aren't bonuses anymore — they're the baseline for attracting qualified renters.

What We See Going Wrong

Three Mistakes That Cost Owners Money

  • 1
    Underpricing after a renovation. You spend money upgrading a unit, then list it at the same rent as the unrenovated apartment down the street. That leaves thousands of dollars on the table every year.
  • 2
    Bad marketing. Smartphone photos, no syndication, and listing descriptions full of "cozy" and "charming" instead of actual specs. That cuts your inquiry rate before you even have a chance to show the unit.
  • 3
    Weak screening to fill fast. Accepting a tenant with marginal credit or unverified income to avoid another week of vacancy introduces financial risk that far outweighs a few extra days on market. One bad tenant can cost more than months of vacancy.

For More Information

Erik Egelko

Phone
(619) 616-7332
Email
erik@palmtreeproperties.com
Professional Licenses
DRE#: 01984056
NMLS#: 2543934

FAQ

What upgrades actually increase rent in San Diego?

The highest ROI upgrades include hard-surface flooring (luxury vinyl plank or similar), quartz or granite countertops, modern cabinet hardware, updated bathroom vanities, and accessible on-site laundry. These are the improvements tenants notice and pay more for.

We pull recent comps with similar square footage, bedroom/bathroom count, and finish level within a 1–2 mile radius. We also factor in current active inventory and specific amenities like reserved parking. The goal is competitive pricing that reflects the actual product.

Not at all. 3/1 layouts stay in high demand — especially for dual-income couples who want a home office, or smaller households looking for space at a slightly lower price than a 3/2. In our experience, well-presented 3/1 units lease quickly in San Diego.

In San Diego, absolutely. In dense neighborhoods, off-street parking is a premium amenity. Units with guaranteed parking attract more applicants, experience lower vacancy, and can typically command $50 to $150 more per month depending on the area.

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