
San Diego, California 92103
This 1928 Spanish Revival residence represents a High-Potential Investment Opportunity, listed at a List Price of $3,500,000—positioned well above the $3,177,448 Fair Market Value by -10%. While the property commands a premium for its historic architectural integrity in Mission Hills, its Condition Rating of 4 indicates that modernization of dated systems is required. Proximity to top-rated schools like Grant K-8 adds long-term stability. This is a unique acquisition for Value-Add Investors or Owner-Occupants seeking to restore a historic landmark.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2454 Presidio Dr Subject | $3,500,000* List Price | 5 | 4 | 2,738 | $1,160 | - |
A 2212 Fort Stockton Sold | $2,905,000 | 4 | 3 | 2,272 | $1,279 | 0.4 mi |
B 1808 Altamira Place Sold | $3,150,000 | 3 | 3 | 2,954 | $1,066 | 0.7 mi |
C 1860 Montecito W Sold | $2,629,000 | 3 | 3 | 2,446 | $1,075 | 0.6 mi |
D 2226 Juan Street Active | $2,485,000 List Price | 3 | 3 | 2,639 | $942 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1928 Spanish Revival has been held by the same owner for nearly 40 years. While exceptionally well-maintained and charming, the kitchen and appliances appear to be from a renovation at least 20-30 years old. The home retains many original features and older systems that, while functional, are dated and will require modernization to meet current market standards.
This 1928 Spanish Revival masterpiece retains its original craftsmanship, featuring handcrafted accents and timeless architectural details that are highly sought after in the historic Mission Hills market.
Situated in the heart of Mission Hills, the property offers an elite living experience with proximity to top-rated schools like Grant K-8 and San Diego’s finest dining, shopping, and cultural attractions.
Offered for the first time in nearly four decades, this residence represents a unique 'once-in-a-generation' acquisition for buyers seeking a home with deep-rooted history and long-term pride of ownership.
Given the property has been under the same ownership for 40 years and emphasizes original 1928 details, it likely requires significant capital investment to modernize systems and interiors to current luxury standards.
At a list price of $3.5 million for 2,738 square feet, the property commands a premium valuation that may be difficult to justify if extensive renovations are necessary.
A Rare Mission Hills Treasure – First Time on the Market in Nearly 40 Years Steeped in history, timeless elegance, and undeniable charm, this extraordinary 1928 Spanish Revival home is being offered for sale for the first time in nearly four decades. Nestled in the heart of Mission Hills—one of San Diego’s most coveted historic neighborhoods—this remarkable residence presents a once-in-a-generation opportunity to own a true architectural gem. From the moment you arrive, you’ll be captivated by the home’s classic Spanish character. Rich architectural details, graceful archways, handcrafted accents, and original craftsmanship reflect an era when homes were built with artistry, quality, and enduring beauty in mind. Every room tells a story, blending historic charm with warmth and sophistication. Lovingly cared for by the same family for almost 40 years, this residence has been a place where memories were made and traditions were cherished. Its thoughtful layout offers inviting living spaces filled with natural light, creating an atmosphere that is both elegant and welcoming. Whether you’re entertaining guests or enjoying a quiet evening at home, this timeless property provides the perfect setting. Situated in the prestigious Mission Hills community, you’ll enjoy tree-lined streets, stunning architecture, and close proximity to San Diego’s finest dining, shopping, parks, and cultural attractions. The neighborhood’s rich history and unmatched charm make it one of the city’s most desirable places.
No exterior & parking available.
Grades K-8 • 1.0 mi
Grades 7-8 • 2.3 mi
Grades 6-8 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.3 |
| Baths | 4.0 | 2.3 |
| Square foot | 2,738 | 1,777.941 |
| Lot Size | - | 6,474.445 |
| Price | $3.50M | $1.27M |
| Price per sq ft | $1.3K | $741 |
| Built year | 1928 | 1971 |
| HOA | $0 | $184 |
| Days on market | 47 | 40 |
Jul 24, 2026
$3,500,000
Initial Listing