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San Diego's Mission Hills is the country's fifth most overpriced area, according to the new Forbes.com article, "America's Most Overpriced Zip Codes." To be ranked as excessively priced, homebuyers must pay the highest prices relative to what they could pay to rent similar properties in the same area. Forbes.com notes that the overall San Diego real estate market is declining (and how!), but Mission Hills values have soared from $300,000 in 2003 to $800,000. Among the ten most overpriced zip codes are downtown Seattle, the Coronado area of Phoenix, and the Willow Glen section of San Jose.

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Comments

JohnnyVegas Aug. 5, 2008 @ 10:41 p.m.

It is on that main street that goes from Old Town up into Hillcrest.......

Beautiful estate, on large grounds-it is by far the biggest home in Mission Hills...... If the Sefton Estate is on about 4-5 acres that's it.

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Don Bauder Aug. 6, 2008 @ 7:27 a.m.

Response to posts #3 and 4: It's possibly the Sefton estate. I don't know. Best, Don Bauder

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JohnnyVegas Aug. 5, 2008 @ 11:30 a.m.

Mission Hills sure is a nice area...there is an enormous home right up in the middle that must sit or 4-5 acres with an incredible Bay and City view, one of the nicest homes I have seen in San Diego. I love it, I have heard that a medical doctor owned it-well this was years ago I heard that.

Anyone know the place I am speaking about-it hase a black iron fence that surrounds the property.

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Don Bauder Aug. 5, 2008 @ 2:03 p.m.

Response to post #1: I think I have driven by it. There are lots of nice homes in Mission Hills. Best, Don Bauder

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Burwell Aug. 5, 2008 @ 9:18 p.m.

I think Johnny's describing the Sefton estate in Mission Hills.

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Fred Williams Aug. 6, 2008 @ 9:21 a.m.

That Villa's only worth a million and change?

Huh.

Nice property. Make a great brothel. Room for private valet parking, and it's already fenced.

That pool would be a fine place for making promotional videos for web advertising, and it's sure easy to find.

Any investors out there..?? Let's find out if it's on the market...

(Note: In keeping with San Diego's long established business best practices, please provide unmarked small-denomination cash up-front payment. Thank you for your understanding.)

Fred "Fantastic Fast Cash" Williams

Bestselling Author of:

  • Instant Money with Dehydrated Water Futures

  • Bridge Flipping: How the Experts Do It

  • Stadium Profits Made Easy

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SDNative1958 Aug. 6, 2008 @ 9:57 a.m.

That was known as the Guyman Estate also known by the lesser-known moniker Guyman/Casady House. The Sefton home is actually on 6th and Laurel. The Guyman Estate remains the most commanding home in Mission Hills despite some of the "McMansion"'ing that has recently crept in there.

Rumor has it that it housed radio communication for a time during WWI and/or WWII for governmental (Naval?) use.

I'm in the 92103 area code myself, albeit in University Heights. I had lots of friend in Mission Hills growing up, and it remains my favorite neighborhood in San Diego.

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Fred Williams Aug. 6, 2008 @ 10:23 a.m.

I found this cryptic description of 2055 Sunset in the Journal of San Diego History:

Raymond, Robert S. AD 1212 1921-1931 Bluelines and vellums. Guymon, E. T., Esq., residence, 2055 Sunset Blvd., 32 bluelines and vellums, September 1921. Guymon, E. T., residence, floor plans, 4 bluelines, September 30, 1931.

Guess it's a listing of architectural documents in their collection.

http://www.sandiegohistory.org/journal/v49-3/arch_guide.pdf

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Don Bauder Aug. 6, 2008 @ 11:50 a.m.

Response to post #6: As I recall, Johnny, you coveted Foxhill, too. Do you want both of those homes? Best, Don Bauder

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Don Bauder Aug. 6, 2008 @ 11:54 a.m.

Response to post #7: Fred, before you are through, you are going to convert every beautiful home in the city into a brothel. Will you name San Diego "The City of Brothel-ly Love?" Best, Don Bauder

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Don Bauder Aug. 6, 2008 @ 11:55 a.m.

Response to post #8: Since you grew up there, we will assume you are correct until someone proves you wrong. Best, Don Bauder

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Don Bauder Aug. 6, 2008 @ 11:57 a.m.

Response to post #9: For some reason, the Guymon name is not ringing a bell with me. Do you know who these aristocrats were? Best, Don Bauder

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Don Bauder Aug. 6, 2008 @ noon

Response to post # 10: Will that serve your purposes, Fred? Where are you going to place the red light? Best, Don Bauder

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JohnnyVegas Aug. 6, 2008 @ 12:51 p.m.

Wow, the place ha been around a long time.

Yes, I wish I was a trust funder of epic proportions, then I would own one of these cool homes for myself.

The 2055 Suset "Guyman Man" looks very much like the Bel Air Kirkeby Estate used for the Beverly Hill Billies.

http://www.sandiegohistory.org/showcase/images/2007-2.jpg

http://www.sitcomsonline.com/boards/attachment.php?attachmentid=132014&stc=1&d=1194822128

http://www.sitcomsonline.com/boards/attachment.php?attachmentid=129881&stc=1&d=1190249115

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Fred Williams Aug. 6, 2008 @ 2:49 p.m.

The Ned Guymon Mystery and Detective Fiction Collection (16,000 volumes) was donated to the college by E. T. Guymon, Jr., a San Diego businessman, alumnus of Occidental College, and an inveterate collector. Because he was a personal friend of many of the authors whose works he collected, many items in the collection contain very personal, entertaining inscriptions. Consisting of first editions, manuscripts, film scripts, photographs, and other material relating to mystery and detective fiction from 1592 to 1975, the collection is especially notable for the large number of original dust jackets which were kept with the titles.

Sherlock Holmes was created by Sir Arthur Conan Doyle and appeared for the first time in literature in Beeton's Christmas Annual , an annual "bonus" publication of Beeton's Magazine. One of the treasures of the Guymon Mystery and Detective Fiction Collection is a copy of this inauspicious first appearance of perhaps the greatest detective in English literature. Doyle was paid only 25 pounds for his efforts, yet the character he created has become so famous that Holmes seems to have a life of his own, often eclipsing that of his creator.

From: http://departments.oxy.edu/library/geninfo/collections/special/highlights.htm

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Don Bauder Aug. 6, 2008 @ 4:02 p.m.

Response to post #16: Never having seen Beverly Hillbillies, I can't confirm your statement. Best, Don Bauder

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Don Bauder Aug. 6, 2008 @ 4:04 p.m.

Response to post #17: A good history lesson. Best, Don Bauder

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Don Bauder Aug. 6, 2008 @ 4:06 p.m.

Response to post #18: You should be a historian instead of a procurer attempting to set up bordellos in San Diego's regal Victorian homes. Best, Don Bauder

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Burwell Aug. 6, 2008 @ 7:21 p.m.

I was referring to the Mission Hills residence of the late Tom Sefton, owner of the former San Diego Trust & Savings Bank. The Sefton home on 6th and Laurel belonged to Tom's grandfather. It was razed in 1956 and replaced with a bank. There are many residences in Mission Hills that exceed the acreage and square footage of the Sunset Mansion in question. Most of the larger estates are located around the canyons that extend to the rim of Mission Valley. Most of these properties are impossible to see or even access from public streets.

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JohnnyVegas Aug. 6, 2008 @ 7:58 p.m.

The Sefton home on 6th and Laurel belonged to Tom's grandfather. It was razed in 1956 and replaced with a bank.

Are you referring the old SDT&S bank itself on the North corner of Laurel and 6th (I dont know the current name)??? Or the home directly across the street?

I ask because when I was in commercial real estate, back in 93/94, when we had that really bad commercial real estate depression, the home across the street was owned by SDT&S and was completely gutted, and boarded up. It was worth about 1 million in 1990, but by 94 it had dopped in value to 300K-400K.

I had spoken with SDT&S and wanted to know their plans and did a valuation on the home. SDT&S didn't know what to do with it, but did not want to dump it for 400K. The home had a historical landmark status placed on the exterior-meaning it could not be altered on the outside.

It was finally renovated and looks great today-and the location is a 10 out of 10.

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Burwell Aug. 6, 2008 @ 9:05 p.m.

Yes. I was referring to the old San Diego Trust branch office located at 6th and Laurel, at the gateway to Balboa Park. The site was originally the residence of Joseph W. Sefton Sr., founder of San Diego Trust. His estate occupied the entire block. An aviary occupied a large portion of the property. The residence was torn down in 1956 and replaced with a bank. The bank was torn down several years ago and replaced with condos.

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Don Bauder Aug. 7, 2008 @ 7:44 a.m.

Response to #s 22-24: Valuable history lessons. Best, Don Bauder

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SDNative1958 Aug. 7, 2008 @ 10:13 a.m.

Thanks, all, for the extra detective work and clarifications. I love the details about my home town. Burwell, you are correct about other residences in Mission Hills exceeding the real estate of the Guymon place, as I've been to some for fundraisers and they're amazing. But for sheer ostentatiousness that is seen by thousands daily due to its prominent "main drag" location, the Guymon home can't be beat.

It has nothing to do with this discussion, but across from the Guymon place and just a few houses West there is a home on the corner that puts on an amazing display during the Holiday season. Come December, look for a little sign on the sidewalk lawn on the right going West - it says to tune your car radio to a certain FM frequency, where you'll hear the music being broadcast from the home in sync with a fantastic light display on the house and surrounding trees. Such a treat to just park there at night and watch - even saw people drive up in a van, get out, open the doors, turn up the radio and dance on the sidewalk.

Speaking of old banks, I used to work for San Diego Federal for many years - those were good time. But now I'm way off topic.

Keep up the great work, Mr. Bauder. I've silently haunted your site here for many months, but only now just put my 2 cents in.

Respectfully, and with gratitude, Scott

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Fred Williams Aug. 7, 2008 @ 10:56 a.m.

The best history of San Diego I have read recently is by James R. Mills.

Before he was a California legislator (he's known for the Mills Act and for creating the Port District) he wrote "San Diego: Where San Diego Began".

It's well worth a few hours to read it online.

One of the fascinating things I learned was the size of the indigenous population and its clustering along the San Diego river.

http://www.sandiegohistory.org/books/wcb/wcb.htm

Another San Diego history I found interesting two decades ago was by Neil Morgan and Harry Wegeforth, about the founding of the San Diego Zoo. I just found sale online and they want a fortune!

http://www.antiqbook.co.uk/boox/mwb/86994.shtml

(If only I had stolen my copy from the library when I had the chance...sigh.)

And Don, I have to admit that I've not yet read Captain Money and the Golden Girl.

Have you considered putting it online?

Best,

Fred

(P.s. Re: #21...history has been a lifelong interest...but every week I scan the ads for "Historian Wanted" to no avail)

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Russ Lewis Aug. 7, 2008 @ 11:19 a.m.

[Mills] wrote "San Diego: Where San Diego Began".


San Diego: home and birthplace of San Diego. Can't argue with that.

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Don Bauder Aug. 7, 2008 @ 11:33 a.m.

Response to post #26: We will welcome more posts from you. You have insight. Best, Don Bauder

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Don Bauder Aug. 7, 2008 @ 11:36 a.m.

Response to post #27: Jim Mills is frequently quoted in my column. Re Captain Money: someone told me about a copy selling on the web for less than a penny. The buyer had to pay postage. Best, Don Bauder

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Don Bauder Aug. 7, 2008 @ 11:38 a.m.

Response to post #28: Russl, you are so observant. Best, Don Bauder

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JohnnyVegas Aug. 7, 2008 @ 11:48 a.m.

The residence was torn down in 1956 and replaced with a bank. The bank was torn down several years ago and replaced with condos.

By Burwell

============================ OMG!

I just did a google earth search for that corner-I did not know the bank had been torn down and replaced with condos! And I have not actually driven down there for some time. I thought the bank was still there!

So I got you now Burwell. The entire SDT&S block (right across the street from the 5th Avenue Financial Center/Mr A's) was at one time Sefton's home/estate.

I never knew that. Very cool.

That would also explains why SDT&S also owned the home on the SW corner of 6th and Laurel.

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SDNative1958 Aug. 7, 2008 @ 12:10 p.m.

Wow, thanks to that link by Fred Williams, I found a hardcover copy of Captain Money, one of my favorite local scandals. 18 bucks and worth every penny! Mr. Bauder, if I treat you to lunch one day, can I have you autograph it? : )

I still treasure my copy of the August 8, 1996 Reader cover story, "San Diego, City of Shame." It just keeps going, and going, and going...

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Don Bauder Aug. 7, 2008 @ 3:27 p.m.

Response to post #32: It looks like all across the U.S., banks will be torn down. But they won't be replaced by condos. Nobody wants them, either. Best, Don Bauder

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Don Bauder Aug. 7, 2008 @ 5:26 p.m.

Response to post #34: $18? When I heard it could be had for less than a penny plus postage? There is a chance for some remunerative arbitrage here. Best, Don Bauder

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Fred Williams Aug. 8, 2008 @ 8:17 a.m.

Don, you've got a bonanza awaiting you.

Go online and buy up all those penny copies of your book, cornering the market.

Then you destroy the books in poor condition, reducing the available supply.

The ones left over, you inscribe with you signature. (You can hire some intern to do all the actual writing.)

Then you go on ebay and auction off your stack of "one of a kind" signed first editions to collectors.

It ought to be enough to buy a brand new Winnebago for the missus, complete with a kick-ass stereo for listening to your favorite music. Equipped with a wifi antenna and your mobile phone, you're ready to roll around the country and still write your columns.

Ah, the magic of the internets.

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Don Bauder Aug. 8, 2008 @ 9:19 a.m.

Response to post #36: I prefer to buy for a penny, sell for $18. But will I be able to sell in volume? The hardback is from 1985, the paperback from 1986. Best, Don Bauder

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SDNative1958 Aug. 9, 2008 @ 11:14 a.m.

My hardcover copy arrived - I tend to prefer hardcover books if I can get them. It's in very good condition! : )

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Don Bauder Aug. 10, 2008 @ 8:09 a.m.

Response to post #38: Oh oh. It's in good condition. That may suggest that the first buyer might not have read it. (I can always see the dark side of every revelation.) Best, Don Bauder

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Russ Lewis Aug. 10, 2008 @ 12:49 p.m.

Quick! There's some 75-cent copies on half.com for the first entrepreneur who wants to make a killing: . Don't get taken paying $20.

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Don Bauder Aug. 10, 2008 @ 5:31 p.m.

Response to post #41: It is rather deflating to be discounted 95 percent right out in public. Best, Don Bauder

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SDNative1958 Aug. 11, 2008 @ 7:03 p.m.

russl: Bah! I'll take hardcopy over paperback anyday. : )

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Don Bauder Aug. 11, 2008 @ 8:17 p.m.

Response to post #42: In the case of Captain Money, the paperback was an update. Best, Don Bauder

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