1042 Lincoln Ave, San Diego, California 92103, San Diego, 92103 - 3 bed, 3 bath

1042 Lincoln Ave, San Diego, California 92103 home-pic-0
ACTIVE$1,199,888
1042 Lincoln Ave, San Diego, California 92103
3Beds
3Baths
1,164Sqft
Lot
Year Built
1924
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$1,031
HOA
-
Days on market
-
Sold On
-
MLS number
250045915SD
Home ConditionFair
Features
Good View:
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 4 Cons,6 Pros. Rank: price - $1.20M(16th), sqft - 1164(15th), beds - 3(50th), baths - 3(50th).

Live the sought-after, close-to-everything lifestyle in this charming University Heights home. You will be perfectly located just a block from Hillcrest via the Vermont Street Bridge leading directly to The HUB, with a Trader Joe’s, popular restaurants, and everyday conveniences along University Avenue. Tucked away on a quiet street near the end of a private cul-de-sac, the property offers beautiful canyon views, a private yard, and a peaceful home that feels personal yet connected. This sun-filled Craftsman-style residence features a desirable southern exposure, hardwood floors, and a decorative fireplace. The lower level is thoughtfully configured with flexible living options, including a fully separate 1-bed/1-bath guest unit with a full kitchen and its own patio currently being used as a revenue-generating Airbnb rental, plus an additional private 1-bed/1-bath guest suite—ideal for extended family, a home office, or home gym. Modern upgrades add both convenience and efficiency, including leased solar at just $75/month, an EV charger, and a new water heater. This is more than a home—it’s a smart investment with lifestyle perks built in. Whether you’re a savvy house hacker looking to live in one unit and offset your mortgage, or a multi-generational household seeking space and privacy, this University Heights property truly checks every box.

Price History

Date
Event
Price
12/18/25
Listing
$1,199,888
07/02/20
Sold
$884,000
01/20/16
Sold
$640,000
10/28/98
Sold
$224,500
Condition Rating
Fair

Built in 1924, this charming Craftsman home is well-maintained and offers modern utility upgrades like leased solar, an EV charger, and a new water heater. The guest units appear to be in good, functional condition. However, the main kitchen features dated tile countertops, backsplash, and older white appliances (excluding the dishwasher). The main bathroom has a newer vanity but retains dated tile in the shower surround. While functional, these areas show signs of being outdated and would require aesthetic updates for most buyers, aligning with the 'Fair' condition criteria for properties that are aged but maintained, with major components functional but showing signs of being outdated.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7616, living area = 1164.
Income Potential & Flexible Living: The property features a fully separate 1-bed/1-bath guest unit with a full kitchen and patio, currently generating Airbnb revenue, plus an additional private 1-bed/1-bath guest suite, ideal for house hacking, multi-generational living, or home office use.
Prime Location & Accessibility: Located in sought-after University Heights, just a block from Hillcrest via the Vermont Street Bridge, offering easy access to The HUB, Trader Joe’s, popular restaurants, and conveniences on University Avenue, while being tucked away on a quiet cul-de-sac.
Energy Efficiency & Modern Amenities: Includes modern upgrades such as leased solar (at $75/month), an EV charger, and a new water heater, contributing to lower utility costs and contemporary convenience.
Architectural Charm & Views: A sun-filled Craftsman-style residence built in 1924, featuring hardwood floors, a decorative fireplace, and beautiful canyon views, offering classic appeal and a serene backdrop.
Private Outdoor Space: The property boasts a private yard and a patio for the guest unit, providing valuable outdoor living and entertaining areas.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Leased Solar System: While beneficial for energy, the solar system is leased, meaning the new owner will inherit a monthly payment and contractual obligation rather than outright ownership.
Age-Related Maintenance: Built in 1924, the home may require ongoing maintenance and potential updates to systems (e.g., plumbing, electrical, foundation) that are typical for properties of this age, which are not explicitly stated as fully upgraded.
Compact Main Living Area: With 1164 sqft divided among a main residence and two separate guest units, the primary living space might be perceived as compact for buyers seeking more expansive common areas.

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