
San Diego, California 92114
This Multigenerational View Property is a Prime Investment Opportunity with a List Price of $775,000—positioned well below the $794,663 Fair Market Value by 2%. This valuation gap offers $19,663 in Instant Equity. While holding a Fair Condition Rating, the expansive four-level layout and panoramic city and bay views provide significant forced appreciation potential. Near San Altos Elementary, the 5+ bedroom footprint with separate living quarters makes this a high-utility asset for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1939 Paradise St Subject | $775,000* List Price | 5 | 2 | 2,352 | $343 | - |
A 5989 Chaumont Dr Sold | $860,000 | 4 | 3 | 2,129 | $404 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, the property is functional and appears to have been maintained through regular upkeep, but it is significantly outdated. The kitchen features older cabinetry and appliances, and the interior shows signs of age with worn carpeting and dated light fixtures. The listing explicitly mentions the need for updates, aligning with the 'fair' criteria where major components are functional but show clear signs of being aged and requiring modernization.
The property features exceptional four-level vistas of the San Diego skyline, bay, and mountains, providing significant aesthetic value and premium hillside appeal.
With a versatile four-level layout and a lower level suitable for separate living quarters, the home offers excellent flexibility for large families or potential rental income.
Boasting over 2,300 square feet and up to six bedrooms, this residence provides a substantial footprint and high bedroom count that is rare for its price point in the San Diego market.
The home is explicitly noted as needing updates, implying that buyers will need to budget for modernizing the 1957 interior and addressing potential deferred maintenance.
The unique four-level configuration involves numerous stairs, which may limit accessibility for certain buyers and create a more fragmented flow compared to modern open-concept designs.
Come and unpack your love and imagination in this home. Perched in one of San Diego’s desirable hillside neighborhoods, 1939 Paradise Street is a rare four-level view property featuring 5 possible 6 bedrooms and panoramic vistas that truly define Southern California living. From sunrise to sunset, enjoy sweeping views of the city skyline, bay, and surrounding mountains. The views alone are worth the price. Designed to maximize elevation and scenery, this expansive four-level home offers dynamic living spaces filled with natural light. Large windows frame breathtaking views from multiple levels, creating both privacy and flexibility throughout. The multi-level design is ideal for large families, shared living, or those seeking adaptable space. The lower level adds exceptional versatility and may function as separate living quarters—perfect for multigenerational living, guest accommodations, or potential additional revenue (buyer to verify). With 5 possible 6 bedrooms, there’s room to create home offices, workout areas, or bonus spaces to fit your lifestyle. Enjoy cooling breezes, elevated privacy, and outdoor areas that embrace San Diego’s year-round climate. Conveniently located near downtown, major freeways, shopping, and dining, this home blends accessibility with a peaceful hillside retreat. A rare opportunity where space, flexibility, and extraordinary views come together in one address. 1939 Paradise Street offers lifestyle, income potential, and panoramic beauty all in one. It needs an update, but I'm just waiting on you! Hurry up because this one will not last.
No exterior & parking available.
Grades PK-6 • 0.7 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,352 | 1,400 | 99% |
| Lot Size | 7,327 | 6,200 | 68% |
| Price | $775.0K | $762.0K | 56% |
| Price per sq ft | $330 | $531 | 5% |
| Built year | 1957 | 1962 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 153 | 9% |
Feb 28, 2026
$775,000
Initial Listing