Investment Properties in Old Town San Diego

In San Diego, all roads lead to Old Town, the literal center of the county. Just a few miles north of Downtown San Diego, Old Town became the first settlement in California in 1769 with just a fort and a mission. The city has since grown, becoming a popular tourist attraction, but it is also home to some of San Diego’s oldest residents thanks to its beautiful environment, historic buildings, and easy access to mass transit. Old Town has a fairly small population of just over 11,000 residents, most of whom are older adults.

The neighborhood primarily offers a selection of craftsman and Spanish-style homes with some restored Victorians scattered throughout. Thanks to a recent designation as a tourist-commercial zone, the city has seen growing efforts to renovate and restore existing home structures.

Restaurants and Attractions in Old Town

Old Town offers a huge catalog of attractions for tourists and residents alike. At the center of the neighborhood is Old Town State Historic Park, which offers an in-depth look at early Mexican-American life from 1821 to 1872 with living history programs and demonstrations among the schoolhouse, graveyard, and old adobe ranch homes. You can find a bevy of different museums and historical sites throughout Old Town, including the Whaley House Museum and the Casa del Rey Moro African Museum.

Food options are wide and varied, though the main course in Old Town is Mexican food. The neighborhood is home to some of the best Mexican restaurants in the city. Visit Café Coyote for fresh, handmade tortillas warmed right on the patio griddle, or head to Barra Barra Saloon for some Mexican staple foods set in a cozy, authentic saloon. Top it off with a trip to Pollo a la Crema where the master bartenders can make you the perfect cocktail using a collection of over 100 tequilas.

For shopping, don’t expect any malls or big name brands. Stores sprinkled throughout Old Town offer true authenticity with handcrafted trinkets, candy, clothes, and more, all depicting the beautiful art and tradition of Mexico.

Schools in Old Town

The small population and general absence of families means that there is just one school in Old Town. Served by the San Diego Unified School District, Old Town Academy Charter School teaches kids from kindergarten through the 8th grade. The school offers a tightknit school setting that is personalized to each child’s needs. However, those looking for public elementary schools can find several, like Barnard Elementary School, in nearby neighborhoods.

High school students may attend nearby schools, including Mark Twain High, Point Loma High, and Alba High.

Old Town Home Value

The history of the neighborhood and generally picturesque settings can make for some high home values. Homes can sell for $400,000 to over $2 million and the general cost of living in Old Town is higher than the average of San Diego County.

If you are considering investing in a home in Old Town, take a look at our search Results or contact Revestor today.