
San Diego, California 92106
This Dual-Living Single Family Residence is a Strong Value Opportunity, listed at $2,450,000—positioned well below the $2,525,998 Fair Market Value by 3%. This valuation gap offers $75,998 in Instant Equity. Featuring a Mint Condition Rating and a separate 2-bedroom guest residence, the home offers modern, energy-efficient interiors with panoramic downtown skyline views. Ideally located near the San Diego Yacht Club, this property is perfect for Buy-and-Hold Investors or Owner-Occupants seeking flexible, high-end coastal living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 942 Rosecrans St Subject 5 bd · 3 ba · 3,200 sqft · $789 | $2,450,000* List Price | 5 | 3 | 3,200 | $789 | - |
A 1525 Willow St Sold 4 bd · 4 ba · 2,979 sqft · $809 · 0.6 mi | $2,411,000 | 4 | 4 | 2,979 | $809 | 0.6 mi |
B 3350 Oliphant Street Sold 4 bd · 3 ba · 2,505 sqft · $838 · 1.0 mi | $2,100,000 | 4 | 3 | 2,505 | $838 | 1.0 mi |
C 871 Tarento Drive Sold 4 bd · 3 ba · 2,481 sqft · $905 · 0.8 mi | $2,245,000 | 4 | 3 | 2,481 | $905 | 0.8 mi |
D 3333 Hill St Sold 3 bd · 2 ba · 2,049 sqft · $952 · 0.3 mi | $1,950,000 | 3 | 2 | 2,049 | $952 | 0.3 mi |
E 885 Rosecrans St Sold 6 bd · 6 ba · 4,061 sqft · $731 · 0.1 mi | $2,970,000 | 6 | 6 | 4,061 | $731 | 0.1 mi |
F 1174 Concord Active 4 bd · 3 ba · 3,166 sqft · $616 · 0.5 mi | $1,949,000 List Price | 4 | 3 | 3,166 | $616 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the property has undergone a high-end, recent remodel within the last 5 years. The interiors feature modern flooring, updated kitchens in both the main and guest residences with stainless steel appliances, and upgraded systems including solar and air conditioning. The property is in mint condition with no visible maintenance required.
The property features a separate 2-bedroom guest residence with its own entrance and laundry, offering exceptional flexibility for rental income, multi-generational living, or a private home office.
Situated in the heart of Point Loma, the home provides easy access to Bessemer Beach, the San Diego Yacht Club, and Shelter Island, epitomizing a premium coastal lifestyle.
The residence boasts a thoughtfully remodeled open-concept interior complemented by modern essentials like solar power and air conditioning, ensuring both style and sustainability.
With a 3,200-square-foot structure on a 5,548-square-foot lot, the outdoor space is relatively compact, which may feel constrained for buyers seeking a large private yard.
While the local high school is well-regarded, the assigned elementary school currently holds a lower rating, which could be a consideration for families prioritizing top-tier primary education.
Modern design, downtown skyline views and exceptional flexibility come together in this thoughtfully remodeled La Playa residence, featuring a 3 bedroom, 2 bath main home and separate 2 bedroom, 1 bath guest residence. Set in the heart of Point Loma, the property pairs beautifully updated interiors with an exceptional coastal location. The main level is centered around a light-filled, open concept great room and expansive kitchen with abundant cabinetry, stainless steel appliances and thoughtfully selected finishes. Large windows capture natural light and views toward downtown San Diego. Additional features include air conditioning, owned solar and a generous dedicated laundry room with extra storage and flexible-use space. Outdoor areas include a welcoming front porch and turf front yard, plus a private backyard with turf, covered gazebo and gas fire pit, an inviting setting for entertaining or relaxing. The lower level guest residence features its own entrance, generous bedrooms and dedicated laundry, offering flexibility for extended family, guests, a home office or additional living space. A detached two-car garage provides parking and storage. Enjoy easy access to Bessemer Beach, Kellogg Beach, the San Diego Yacht Club, Shelter Island and Point Loma Village, with waterfront paths and neighborhood dining nearby. With two distinct living spaces, downtown views and multiple outdoor areas, this is a rare opportunity to enjoy the best of La Playa and Point Loma.
No exterior & parking available.
Grades K-4 • 0.0 mi
Grades 5-6 • 0.9 mi
Grades 7-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.2 |
| Baths | 3.0 | 2.2 |
| Square foot | 3,200 | 1,752.269 |
| Lot Size | 5,548 | 6,446.159 |
| Price | $2.45M | $1.27M |
| Price per sq ft | $766 | $736 |
| Built year | 2003 | 1971 |
| HOA | $0 | $186 |
| Days on market | 26 | 41 |
Sep 29, 2026
$2,450,000
Initial Listing
Jan 31, 2022
$1,945,000
Public Record
Apr 28, 2015
$799,000
Public Record