Investment Property South Park

South Park is a hip young neighborhood that was named based on it proximity to Balboa Park, which is located to South of Balboa Park. Development of this areas started in 1905 and South Park is now considered one of the most Historically significant neighborhoods in San Diego by income property investors. Local residents adore the area since night life including The Whistle Stop, Hamilton’s Tavern and the South Park Abbey are all within walking distance and the park is a short bike ride away. Window shopping and perusing the small storefronts and family owned businesses off Fern Street draws a crowd every weekend. Featuring local art, fashions and one-of-a-kind treasures, most of which you cannot find at any mall makes shopping in South Park an adventure. A noteworthy event named ‘The Quarterly Walkabout’ goes hand in hand with neighborhoods’ diversity and pride in the local arts, crafts and culture. During Walkabout local retailers, shops and restaurants stay open late and offer discounted deals and tasty treats to passersby. South Park is now considered a very safe place to live and many young families take advantage of the plentiful number of parks and outdoor spaces.

92102 Zip Code (San Diego, CA) Detailed Profile

 

Estimated zip code population in 2016: 45,420
Zip code population in 2010: 43,267
Zip code population in 2000: 47,123

Houses and condos: 15,570
Renter-occupied apartments: 10,862

% of renters here: 74%
State: 46%

Mar. 2016 cost of living index in zip code 92102: 134.1 (high, U.S. average is 100)

Land area: 4.6 sq. mi.
Water area: 0.0 sq. mi.

Population density: 9,799 people per square mile (high).

Real estate property taxes paid for housing units in 2016:

This zip code: 0.5% ($1,949)
California: 0.7% ($3,565)

Median real estate property taxes paid for housing units with mortgages in 2016: $2,211 (0.6%)
Median real estate property taxes paid for housing units with no mortgage in 2016: $852 (0.3%)

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