Downtown San Diego has become a popular location for those enjoying an urban lifestyle. Most of Downtown San Diego home sales feature condo complexes, the majority of which have been built since 2000. Condos often boast modern construction and architecture.
Downtown San Diego Real Estate may be broken down into 5 distinct communities, each with their own demographic, price range, and lifestyle.
- The oldest and most classic part of Downtown real estate is in the ‘Marina’ District. This area is close to San Diego’s harbor, and you can readily walk to the water from any street in the Marina District. Sidewalks are wider than in any other part of the city. In this community you might find a local park, and some shopping areas for food, and other necessities of life. Real estate in the Marina District is expensive; often start in the $300’s and going well over a million dollars.
- Little Italy is a charming Downtown community with vibrant streets, restaurants, and local shops. Located on the west side of Downtown San Diego, you can often enjoy views of the water, and ships. Popular with all age groups, Little Italy offers a true village lifestyle where you can walk to local eateries, pubs, and coffee shops. Real estate in Little Italy is eclectic and includes both entry level buildings, mid-range buildings and high rise luxury buildings.
- On the east side of Downtown San Diego you will find Cortez Hill. One of the older areas of Downtown, it was named after the Historic ‘El Cortez’ Hotel. Developed over the past decade, it resembles San Francisco in that it’s build on a hill just south of Balboa Park. This is a great choice for those who DON’T want to live where the action is, but enjoy close proximity to Downtown’s nightlife and cultural events. There are a number of condo developments in Cortez Hill, with prices again hovering in the $400-$700K price range.
- One of the most historic neighborhoods in Downtown San Diego is the Gaslamp. This has long been a recreation center of Downtown filled with night clubs and restaurants. Along with all of Downtown’s redevelopment, the Gaslamp area is no exception. It is now a vibrant community housing some major attractions, including Horton Plaza. Real estate in the Gaslamp is relatively modest with prices largely in the $400K – $700K price range.
- Known as the ‘Ballpark District,’ the East Village has become a popular residential community in the past decade. Home of the San Diego Padres, the East Village houses dozens of condo communities. This area has proved popular with those who enjoy going to ball games. Infrastructure has recently begun with neighborhood coffee shops, restaurants, and markets. Real estate prices in the East Village tend to be more moderate than in other Downtown San Diego neighborhoods. Condo prices begin in the $200’s so are more readily affordable.
3 Reasons to Buy a Home in Downtown San Diego
Perfect location for those that favor a city lifestyle
High Walk Scores in all locations
Close proximity to culture, theatre, restaurants, and nightspots