At Good Life Property Management, we know you own real estate so it can grow in value and help you achieve your financial goals. In order to do that, you need a San Diego property management company who takes good care of your home and your tenants.The problem is finding a company you can trust.
Our mission is to make owning rental property easy.
Renting your property shouldn't be a hassle. It should give you a greater abundance of time, money, and energy. We’ve developed a team of A-Players who have made this a reality for over 1,000 San Diego property owners.
We can do the same for you.
San Diego is
America’s finest city.
- People from San Diego
San Diego, has often been referred to as “America’s finest city.’ We agree wholeheartedly. The bustling city of San Diego is home to 1.4 million people. Roughly 45% of that are renters! San Diego’s desirable location--two hours from LA, 18 miles from the US-Mexico border, and perfect weather make it a popular place to live.
San Diego’s largest industries include defense/military, tourism, international trade, and manufacturing. The military bases bring in an abundance of young couples and families. Large companies like Illumina, General Atomics, and Qualcomm employ much of the workforce as well. San Diego also ranks high in terms of quality of life. The beautiful weather, low unemployment rate, and average annual salary all contribute to this.
San Diego is home to some of the best beaches in the state. In North County, you’ll find cute beach towns like Carlsbad and Encinitas. These are walkable areas with nice beaches to enjoy on a summer day. Further south, you’ll hit La Jolla Shores, Pacific Beach, and Mission Beach. Mission Beach is a hot spot for tourists and is home to Belmont Park.
San Diego is also great for hiking. There are trails all over the county that range from easily walkable to more strenuous. For an easy stroll with the family, check out Torrey Pines or Los Penasquitos Canyon. Once you’re ready for something more challenging, Iron Mountain in Poway is a great one--be sure to wear sunscreen as there is little to no shade!
San Diego unemployment current sits at around 3.2%
The National average is around 5.8%
San Diego annual salaries average $58,000
The National average is around $31,133
Owning a rental property in San Diego is profitable, stable and smart.
Owning a rental property in San Diego is an incredible investment. San Diego is a wonderful place to live and do business. Hard facts, national statistics, and happy locals confirm this. It gets even better than that for people who own rental property.
San Diego average percentage of renters is 45%
The National average is 34.2%
San Diego is a hot city for renters. With almost half the population choosing to rent instead of buy, there is typically a wide selection of properties for rent. In areas like downtown San Diego and UTC, you’ll find a larger number of apartments and condos. Areas like Mira Mesa, North Park, and Poway will have more single-family homes.
In San Diego, you’ll find a wide variety of neighborhoods and suburbs to choose from. Places like Poway and Carmel Valley are popular with families due to the top-notch school systems. Areas like North Park, Pacific Beach, and Downtown are hot spots for young professionals. These tend to be the most walkable neighborhoods as well.
If you’re looking for detached homes, you’ll find the highest quantity in Serra Mesa, Chula Vista, and up north in Carlsbad. For the highest quantity of apartments and condos, look in neighborhoods like North Park, Downtown San Diego, University Heights, and Pacific Beach. These areas are great if you don’t have a car and prefer to walk to nearby bars and restaurants.
Since San Diego is a desirable location, many areas rent fairly quickly. This is especially the case for any properties near the beach, i.e. Point Loma, Ocean Beach, Pacific Beach, Carlsbad, etc. These beach areas also tend to be the most expensive. Beach views and proximity can easily tack on a few hundred dollars to the rent price. Other pricey spots include Downtown San Diego and South Park. If you’re on the hunt for more affordable units, check out Chula Vista, La Mesa, and inland North County like Vista, San Marcos, and Escondido.
Rent prices in San Diego tend to be some of the highest in the nation. All of those desirable factors make it an expensive place to live. One bedrooms tend to rent for $1,500. Two bedrooms will be closed to $2,000-$2,200. You’ll see prices rise in areas like Del Mar, Downtown, La Jolla, and areas close to universities.