
San Diego, California 92103
This Mid-Century Modern Architectural Asset is a Strong Value Opportunity, listed at $2,590,000—positioned well below the $2,629,447 Fair Market Value by 1.5%. This valuation gap offers $39,447 in Instant Equity. Featuring a Condition Rating of 4, the home requires cosmetic updates to modernize its 1961 interiors. With a 15,000 sq ft double lot and panoramic bay and city views, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a historic, high-potential residence in Mission Hills.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1914 Guy Street Subject | $2,590,000* List Price | 3 | 3 | 2,008 | $1,309 | - |
A 4267 Witherby Street Sold | $1,860,000 | 2 | 2 | 1,859 | $1,001 | 0.4 mi |
B 2212 Fort Stockton Sold | $2,905,000 | 4 | 3 | 2,272 | $1,279 | 0.5 mi |
C 4079 Falcon Sold | $2,050,000 | 3 | 2 | 2,134 | $961 | 0.8 mi |
D 1860 Montecito W Sold | $2,629,000 | 3 | 3 | 2,446 | $1,075 | 0.4 mi |
E 4265 Altamirano Way Sold | $2,200,000 | 3 | 3 | 2,313 | $951 | 0.8 mi |
F 2124 Hickory Active | $2,599,000 List Price | 4 | 3 | 2,191 | $1,186 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961, this architectural Mid-Century Modern home is well-preserved but dated. While the kitchen has a newer refrigerator, the tile countertops, cabinetry, and wood-paneled interiors are over 20 years old. The property is functional and move-in ready but requires cosmetic updates and likely system evaluations due to its age to meet modern standards.
Designed by Master Architect Richard Lareau, this iconic post-and-beam Mid-Century Modern home offers significant historic designation potential, which could provide substantial property tax savings via the Mills Act.
The property includes an adjacent 7,300 sq ft vacant parcel for a total of 15,000 sq ft, a rare find in Mission Hills that offers exceptional privacy and future development or expansion potential.
Strategically positioned to capture unobstructed views of the downtown skyline, San Diego Bay, the Pacific Ocean, and the international horizon, all visible through signature floor-to-ceiling glass walls.
With a list price of $2.59M for 2,008 square feet, the property carries a high price-per-foot premium that may be difficult for buyers to justify despite the additional land value.
The 1961 cedar post-and-beam construction and extensive glazing require specialized, often costly maintenance to preserve architectural integrity and improve modern energy efficiency.
Mid-Century Modern in Mission Hills: The Bone Residence by Master Architect Richard Lareau is a post 'n' beam symphony in cedar that engages its canyon setting through patios, decks and walls of glass. All living spaces engage views of the downtown skyline, bay, ocean and Tijuana to the south. A rare opportunity to purchase a unique piece of architecture in one of San Diego's most sought-after historic neighborhoods. Great potential for historic designation. Within minutes of the area's notable cafes, shops and restaurants as well as close to the airport and area freeways. The property conveys with the adjacent 7,300 sq ft vacant parcel for a total property of 15K sq ft.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-4 • 1.4 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,008 | 1,777 |
| Lot Size | - | 6,600 |
| Price | $2.59M | $1.24M |
| Price per sq ft | $1.3K | $743 |
| Built year | 1961 | 1972 |
| HOA | $0 | $200 |
| Days on market | 12 | 39 |
Jul 10, 2026
$2,590,000
Initial Listing
Jun 12, 2023
$2,110,000
Public Record