1240 Golden Gate Dr., San Diego, California 92116, San Diego, 92116 - 3 bed, 2 bath
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San Diego, California 92116
This 1930s Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,700,000—positioned above the $1,581,454 Fair Market Value by 7%. While the property commands a premium, its Fair Condition Rating and preserved historic character—including original hardwood and Spanish clay tiles—offer a unique canvas for modernization. With a 2-car garage and proximity to top-rated schools like Birney Elementary, this home balances urban lifestyle with long-term value. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic San Diego asset.
Property is moderate renovation needed.
Built in 1930 with 'original character intact,' the property is nearly a century old without evidence of a recent modern renovation. While well-preserved, the kitchen appears dated, and the presence of a wall heater suggests the lack of a modern central HVAC system, placing it in the fair category requiring updates.
This 1930s 'American Treasure' maintains exceptional architectural integrity with original hardwood floors, coved ceilings, built-in inlays, and authentic Spanish clay roof tiles.
Perfectly situated within the historic fabric of Metro San Diego, the home offers high walkability and close proximity to the famous Trolley Barn Park and Mission Cliff Gardens.
Unlike many vintage homes in the area, this property includes a coveted two-car garage and private outdoor space, providing essential modern convenience in a dense urban neighborhood.
At a list price of $1.7 million for 1,508 square feet, the property commands a significant price premium that may challenge buyers looking for more interior living space.
While the 'original character' is a selling point, a home from 1930 may require substantial investment to modernize aging electrical, plumbing, or climate control systems.
Discover This American Treasure, Built in an Era of Distinctive Architectural Design, This 1930's Jewel Takes You Back In Time, Original Character Intact, Impressive Curb Appeal, Grand Living Room, Formal Dining Room, Coved Ceilings, Original Hardwood, Original Built-ins, Original Inlays, Fireplace, Canvass Awnings, Authentic Sconces, Spanish Roof Tiles, Private Outdoor Space, PLUS a 2 car garage. University Heights, Part of the Fabric of Metro San Diego - Still Retains the Original Garden Boundary Wall of 'Rounded Stones', Close Proximity to the Famous Trolly Barn Park & Mission Cliff Gardens.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,508 | 1,499.5 | 50% |
| Lot Size | 4,707 | 4,729 | 50% |
| Price | $1.70M | $1.39M | 72% |
| Price per sq ft | $1.1K | $988 | 74% |
| Built year | 1930 | 1930 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 103 | 6% |
May 13, 2026
$1,700,000
Initial Listing