San Diego, California Real Estate

Written by Helen Glenn Court
Bookmark and Share

San Diego, California real estate is definitely among the state's finer investment opportunities. The city offers a host of cultural activities and points of interest--including theater, music concerts, museums, and the renowned San Diego Zoo. Deep sea fishing, tennis, bird watching, and golf are especially popular in the San Diego area, and its surfing beaches are of course world famous. Nestled along the Pacific coast immediately north of Tijuana, San Diego was ceded to the United States only in 1847, at the end of the Mexican War. It had been discovered by the Spanish in 1542 and named in 1602, but not formally founded until 1769.

Franciscan father Junipero Serra built the mission of San Diego de Alcala that year. Designated a minor basilica in 1976, the little church was the first of 21 Franciscan missions established along the west coast. Today it is a National Historic Landmark. With a temperate climate year-round, the city of San Diego today continues to be a wonderful place to live.

Old downtown San Diego sits above San Diego Bay and looks across to Coronado Island, renowned in particular for its 1880 Hotel Del Coronado. Loosely speaking, however, San Diego, California Real Estate encompasses the 35 miles along the coast from Del Mar in the north to Imperial Beach in the south. Property has become immensely popular in San Diego, as it has across much of California. Prices are understandably high, but not prohibitively so.

San Diego, California Real Estate Areas

The northern neighborhoods of San Diego stretch from Del Mar down through La Jolla to Mission Bay on the coast eastward to route 805. Just below Escondido--noted for its fine Ferrera winery--is San Diego's northeastern block. This area is bisected north-south by Route 15 and bounded on the south by Route 52.

Route 52 marks the north of the eastern San Diego, California real estate zone. These neighborhoods include Tierrasant, Birdland, Del Cerro, and Allied Gardens. They are bounded on the south by route 8 and the west by El Cajon. Western neighborhoods meet Mid-City's at Balboa Park. Central San Diego--to which land speculator Alonzo Horton looked in 1867 and called "the prettiest little place for a city I ever saw"--includes the park, the old downtown, and the zoo.

Bordered on the east by the Sweetwater Reservoir, the south by Chula Vista, and the west by San Diego Bay, the southeastern San Diego, California real estate neighborhoods roll into Chula Vista and southern San Diego. These neighborhoods include Imperial Beach, Otay Mesa, Palm City, and San Ysidro. Beyond them, of course, is Tijuana, Mexico.

San Diego, California Real Estate Details

The U.S. Census Bureau figures for 2000 put San Diego County's population at 2,813,833. The 2003 estimate is 2,930,886. The city population is approximately 1.1 million. Overall, the male/female ratio is close to even. The median age is 33. Approximately 25 percent are younger than 18 and 11 percent older than 65. Racial/ethic divides tallied in 2003 as 26 percent as Hispanic, 67 percent Caucasian, six percent African-American, and nine percent Asian/Pacific Islander. Approximately 33 percent of San Diego residents do not speak English as the first language at home.

The census figures also put the total number of San Diego, California real estate housing units at just over one million in 2002. Just over 35 percent are in multi-unit buildings. Home ownership in San Diego, California real estate stood at 55.4 percent in 2000. Median value of owner-occupied property was approximately $227,200 that year. Median household income runs at about $47,000.

Bookmark and Share