3226 Lucinda Street, San Diego, California 92106, San Diego, 92106 - 2 bed, 2 bath
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San Diego, California 92106
Analysis of 3226 Lucinda Street, San Diego, California 92106 is currently available with a list price of $2,850,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
This 1924 craftsman home is well-maintained and functional, but significantly outdated relative to modern standards and its high price point. The kitchen features older tile countertops, basic white appliances, and dated cabinetry, while the interior retains original wood flooring and vintage fixtures. While the property is clean and livable, the listing's emphasis on development potential and 'developer’s dream' status confirms that the value lies in the land and views rather than the current condition of the structure, which requires comprehensive modernization to meet current luxury standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14650, living area = 1448.
The property features rare and breathtaking sweeping views of the San Diego skyline, harbor, and Mexico, providing an irreplaceable vantage point in the coveted La Playa area.
Situated on a massive 14,650-square-foot double lot across two separate parcels, this property offers a unique opportunity for builders or investors to expand or create a custom estate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14650, other record lot size in square feet = 7098.
The existing 1924 craftsman home is only 1,448 square feet, which may not meet the expectations of modern luxury buyers without a complete overhaul or teardown.
Given the $2.85M entry price and the 'developer’s dream' nature of the listing, buyers must have significant additional capital for the necessary construction and modernization.
Developer’s dream in coveted La Playa with Stunning and Rare panoramic views of the famous San Diego Skyline, this darling single level craftsman style home is reminiscent of the "Top Gun" era. This exceptional opportunity has a massive double lot with prime breathtaking sweeping views spanning the harbor, city skyline, and Mexico with an irreplaceable vantage point. The property consists of two separate parcels totaling approximately 14,650 square feet, providing multiple paths for the any buyer or developer. Expand the existing residence and utilize both parcels to create a truly extraordinary estate (renderings and plans available upon request), or maintain the current configuration and enjoy living in one of the most coveted properties in San Diego. This is a rare chance to secure a panoramic view property with development potential in one of Point Loma’s most desirable coastal neighborhoods - an outstanding opportunity for investors, builders, or visionary end users.
No exterior & parking available.
Grades K-4 • 0.2 mi
Grades 5-6 • 1.0 mi
Grades 7-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 7% |
| Baths | 2.0 | 3.0 | 43% |
| Square foot | 1,448 | 2,044.5 | 16% |
| Lot Size | 14,650 | 5,359.5 | 96% |
| Price | $2.85M | $1.81M | 85% |
| Price per sq ft | $2.0K | $974 | 99% |
| Built year | 1924 | 1953 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 75 | 111 | 34% |
Feb 6, 2026
$2,850,000
Initial Listing
Sep 27, 2021
$2,826,000
Public Record