Best investment areas of San Diego: Linda Vista

[Alex U.]

Looking to buy some units in Linda Vista.  It appears to be very undervalued based on its proximity to Bay park, Mission Valley, Balboa Park, Mission Hills, and the beach.  LV used to be the epitome of a 'hood in the 80s.  But it appears that the bars are all off, people jog and walk outside. There are some shootings still near Kelley Park every year.  But it feels like the gang problems from the 80s-90s has subsided.

What sort of rental base is out there in this area, avg income, demographics, renter quality? Is this a C area transitioning to a B area?

Please share your experience?

[Dan H.]

My opinion is it is a C area that may transition to a B area.

As for my vote for best invesstment area 

1) West CV.  A very large development effort is taking place on the Bay Front.  The homes in West CV do not yet fully reflect the revitalization that is taking place.  The homes are old, but if my prediction is correct, a larger percentage of them will be rehabbed over the next decade.

2) Imperial Beach is the cheapest Beach front in the US for at least 400 miles.

3) Salton Sea area (probably Imperial County and not San Diego county) due to the minerals that are being extracted for batteries.  Battery minerals may be the new "Black Gold".

I suspect Linda Vista can be an above average RE investment location for the reasons you cited.

Good luck