Investment Property South Park

South Park is a hip young neighborhood that was named based on its proximity to Balboa Park, which is located to the South of Balboa Park. Development of these 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 nightlife 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.

On the smaller side, the 92102 zip code encompasses 4.6 sq. miles and borders the 5 Highway to the west and claims the land all the way to Euclid Ave to the east. Imperials Ave. is the boundary to the south. The northern boundaries of the zip code claim the southeast corner of Balboa Park and the canyon ridges it follows to the north can best be seen on a map. Estimated zip code population in 2016 was 45,420.  The 92102 zip code consists of neighborhoods South Park, Golden Hill, Grant Hill, Mount Hope, Hilltop, Chollas View, Chollas Creek, and Ridgeview Webster. Measured in 2018 there is a high percentage of rental units at 73%.