Located east of Mission Hills, north of downtown San Diego, and bordering Balboa Park is beautiful Hillcrest. Noted for family run businesses, a great farmer’s market, and entertainment scene, Hillcrest is a tolerant neighborhood with a great mixture of condos, apartments, lofts, and single family homes. With an active LGBT community, Hillcrest has a high population density centered on University and Washington streets. Hillcrest is extremely walkable and home to many events and festivals like Taste of Hillcrest, Cityfest, and Pride Festival. Hillcrest is also home to specialty shops, a variety of restaurant styles, bars, and clubs. Catering to the young, professional and gay community, restaurants maintain elevated tastes, shops cater to a trendy clientele, and real estate location is a hot commodity.
Hillcrest shares a similar history with Mission Hills as they were both connected through the Class 1 streetcars. In the 1970s, Hillcrest residents, notably the gay and lesbian community, began revitalizing the neighborhood. In 1974, 200 gays and lesbians protested the city’s refusal for a parade permit by marching the streets, directly influencing the first Pride parade held the following year. Hillcrest went through gentrification and now, many streets are lined with trees and craftsman style homes can be seen throughout the area. Hillcrest in San Diego has a rich history, making it a great cultural center in the area.
High demand to live in the Hillcrest area lends to the median home price at $534,226, which is 72.5% more expensive than other California neighborhoods according to NeighborhoodScout. Unlike Mission Hills, Hillcrest is primarily renter occupied, making this neighborhood a fantastic real estate investment. With residents that are young and upper mobile, Hillcrest is continually evolving and growing to meet the needs of their young professional clientele. Made up primarily of studios, apartment buildings, and craftsman style homes, Hillcrest rental prices range, depending on the area and unit conditions. The average rental price for the area is $1,312. Hillcrest has a much higher concentration of studios than most neighborhoods in San Diego, or for that matter, the United States.
The vast majority of properties for sale currently are condos. With a range of prices perfect for both buyers and investors, Hillcrest is one of the best downtown adjacent neighborhoods to rentals. Hillcrest is filled with both new construction projects and older renovated buildings, providing a great blend of modern and traditional. The San Diego real estate market overall has seen a major upturn in property values as well as a decrease in foreclosure properties, making it a perfect time to buy property. Our highly experienced agents and brokers will guide you through the process of making a smart buy or a profitable real estate investment.
WestShore Real Estate Group breaks the barriers of traditional real estate brokerages in practice, agent empowerment, and customer service. Designed with the future of the industry in mind, WestShore weaves technology and opportunity to create a client focused suite of services aimed at transforming the entire consumer experience. Founded on the principles of maintaining integrity, accessibility and responsibility to clients, WestShore’s cornerstone is creating a valuable connection stemmed from efficient communication between broker and client. WestShore agents are skilled, entrepreneurial, detail oriented, and focused on exceeding client expectations. Our agents work to deliver the best possible experience, helping clients make solid investments-not just buy real estate.