
San Diego, California 92103
This Spanish Colonial Revival Home represents a Strong Value Opportunity, listed at $1,388,000—positioned slightly above the $1,346,772 Fair Market Value. While the property requires attention to aging infrastructure, its Condition Rating of 4 reflects well-preserved historic character and a rare separate income-producing unit. The combination of a prime Hillcrest location and versatile rental potential provides a stable foundation for long-term appreciation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3419 Richmond Subject | $1,388,000* List Price | 2 | 1 | 1,720 | $783 | - |
A 1250 Myrtle Ave Sold | $1,675,000 | 3 | 2 | 2,328 | $720 | 0.1 mi |
B 3251 3rd Ave Active | $1,590,000 List Price | 3 | 1 | 1,539 | $1,033 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1924, this century-old home is described as well-maintained with preserved architectural details, but lacks evidence of a modern kitchen or bath renovation within the last 15 years. The exterior shows signs of age, and without documented upgrades to HVAC or electrical systems, the property is considered dated and in need of minor updates to meet current standards.
This 1924 Spanish Colonial Revival home features meticulously preserved details, including specialized historic windows and ornate parapet detailing, offering rare character and exceptional curb appeal.
The property includes a separate unit above the garage, providing a versatile space for rental income, a guest suite, or multi-generational living, which is highly coveted in the San Diego market.
Situated just moments from Balboa Park and the San Diego Zoo, the home offers residents unparalleled access to world-class cultural amenities and a vibrant, walkable urban lifestyle.
With only 2 bedrooms and 1 bathroom in the main residence, the layout may be restrictive for growing families or buyers seeking more utility at a $1.388M price point.
Built in 1924, the property may require ongoing maintenance or updates to aging systems typical of historic homes, potentially leading to higher long-term ownership costs.
Welcome to one of Hillcrest's most captivating Spanish Colonial Revival homes, just moments from Balboa Park and the San Diego Zoo. From the street, this home stops you in your tracks with its terra cotta barrel tile roof, ornate parapet detailing, arched entryway, and lush drought-tolerant front garden bursting with color and texture. Inside, the warmth continues with well-maintained hardwood floors and thoughtfully preserved architectural details throughout, including windows replaced by a specialized historic preservation company honoring the home's original character. The private backyard is a true sanctuary, lush and serene with raised garden beds, mature trees, and a rare fruiting quince tree that sets this property apart from anything else on the market. A separate unit above the garage provides an ideal space for guests, extended family, or rental income, all while the main residence lives and feels like a single family home. A rare opportunity to own a piece of Hillcrest history with income potential built in. Floor plans available.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 3.0 | 10% |
| Square foot | 1,720 | 1,970 | 42% |
| Lot Size | - | 5,309 | 19% |
| Price | $1.39M | $1.75M | 27% |
| Price per sq ft | $807 | $956 | 34% |
| Built year | 1924 | 1930 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 115 | 10% |
May 28, 2026
$1,388,000
Initial Listing