
San Diego, California 92103
Analysis of 3315 2nd Ave, San Diego, California 92103 is currently available with a list price of $3,500,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
Built in 1912 but meticulously restored, this historic estate shows high-end maintenance of original features like coffered ceilings and redwood framing. Modernized elements including a finished basement wine cellar, recessed lighting, and a pool house with a sauna indicate a significant renovation likely within the 5-15 year range, making it fully functional and move-in ready.
Elementary School: McKinley Elementary School (9/10).
The property is designated under the Mills Act, offering the new owner substantial property tax savings while preserving a significant piece of San Diego history.
This 1912 Craftsman has been meticulously restored, featuring original redwood framing, pocket doors, coffered ceilings, and intricate woodwork that maintain its timeless elegance.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3801, other record living area = 2898. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
With a 3,801 sq. ft. home situated on a 5,025 sq. ft. lot, the outdoor yard space is relatively constrained for a property of this scale and price point.
The historic designation and Mills Act status require strict adherence to preservation standards, which may limit the owner's ability to make modern exterior modifications or additions.
Exquisite 1912 Historic Craftsman estate in the heart of Bankers Hill, just minutes from Balboa Park, the San Diego Zoo, Downtown, and Little Italy. Designated under the Mills Act, this remarkable property offers substantial property tax savings while preserving a piece of San Diego history. With 3,801 sq. ft. of living space, this home has been meticulously restored and maintained, showcasing timeless elegance and extraordinary craftsmanship, including original redwood framing, hardwood floors, pocket doors, coffered ceilings, custom built-ins, and intricate woodwork. The main home features 6 bedrooms with city and bay views from the attic suite, 5 bathrooms, and a finished basement complete with a wine cellar. Adding exceptional flexibility, the pool house has been thoughtfully designed complete with a bathroom, and sauna—ideal as a private guest retreat, multigenerational living space, or additional rental potential. Whether you’re seeking a distinctive primary residence, or a unique investment opportunity, this extraordinary estate offers a rare blend of historic charm, flexibility, and an unbeatable location. With both the historic residence and pool house contributing to its earning potential, this is more than a home—it is a legacy property waiting for its next chapter.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 6.0 | 2.0 |
| Square foot | 3,801 | 1,777 |
| Lot Size | 5,025 | 6,600 |
| Price | $3.50M | $1.24M |
| Price per sq ft | $921 | $743 |
| Built year | 1912 | 1972 |
| HOA | $0 | $200 |
| Days on market | 42 | 39 |
Jun 10, 2026
$3,500,000
Initial Listing
Jun 25, 2021
$1,000,000
Public Record
Oct 2, 2000
$735,000
Public Record