Hillcrest
Property Management
Over the last 10 years, Good Life Property Management has become experts in Hillcrest property management. We’ve perfected our Proven Process to effectively market and manage your Hillcrest rental property. We take care of marketing, tenant screening, rent collection, maintenance and more! Property management in Hillcrest can be challenging, but it doesn’t have to be with Good Life.
Our Hillcrest Property Management Services
- Advertisement
- 3D Tour
- Market research
- Quality photography
- Tenant screening
- Rent collection
- Direct deposits
- Lease management
- 24/7 maintenance
- Legal coverage
- Monthly statements
- Property inspections
Overview
About Hillcrest in San Diego County
Hillcrest is located a few miles away from downtown San Diego. This vibrant neighborhood is known as the LGBT hub of the city, offering different types of restaurants, bars, boutiques, coffee houses, and unique shops.
The community is applauded for its friendly streets, welcoming vibe, and sidewalk patios. The east end is denoted by a towering rainbow pride flag off main thoroughfare of University Avenue at the corner of Normal Street. The landmark serves as the starting point for San Diego LGBT Pride’s annual mile-long parade held each July. A block away, down Harvey Milk Street, is where the San Diego LGBT Community Center resides.
University Avenue leads into the neighborhood’s “village” area designated by the historic neon “Hillcrest” sign. On Fifth Avenue, you’ll find a concentration of new and established restaurants, as well as a few dessert-centric eateries. Thrown into the mix are vintage clothing shops, book outlets and the multiplex Landmark Cinemas for taking in independent and foreign films.
Why owning rental property in Hillcrest is a good investment
With its mix of urban amenities, trendy shops, restaurants, and nightlife, Hillcrest attracts a steady stream of renters, including young professionals, students, and couples. The demand for rental properties in Hillcrest tends to remain consistently high. Therefore, you can expect a steady occupancy rate and a reliable income stream.
Like many desirable neighborhoods in San Diego, Hillcrest has limited available land for new development. This scarcity of supply only further drives up property values and rental prices. Furthermore, like many other neighborhoods in San Diego, Hillcrest’s appreciation is expected to generously rise over time. While there can be fluctuations in the market, investing in a well-located property in Hillcrest will likely yield long-term capital gains.
How much does Hillcrest property management cost?
Every Hillcrest property manager has their own fee structure. At Good Life Property Management, we offer house, condo, and 2–4 unit property management for an 8% monthly management fee, with a reduced rate of 7% for properties renting over $6,000 per month. For multi-family properties (5–15 units), we offer a 6% monthly management fee. In addition to the monthly management fee, we charge a leasing fee equal to 25% of one month’s rent, a $150 annual inspection fee, and a $195 lease renewal fee.
Give us a call for a free consultation!
Chloe Slater
DRE #02161657
Adam Manly
DRE #01953442
Business Development Managers
Request a free consultation
Home Prices
in Hillcrest
Hillcrest has a central location right next to Downtown, Balboa Park, and highways. It’s a cultural hub of San Diego with diverse range of people and activities, making it very popular for renters. Historic Mission Hills offers some of San Diego’s coolest century-old houses. Long-term appreciation is one of the many perks of owning property in Hillcrest.
However, popularity leads to hyper-competitive offers and price-to-rent ratios that aren’t very favorable to investors, though as mentioned in the long-term values should go up significantly. Lots of new development apartment complexes from big investment shops is driving up the amount of supply available to renters.
When choosing where to buy your investment property, you should be on the lookout for a few things. These things can be a red flag for the kind of area you want to avoid.
- Trash in the front or backyard
- Vandalism nearby (graffiti, damaged property, etc.)
- Multiple vacant homes close by
- Poor street light; street feels unsafe
- Backs up or is close to a major highway or freeway
- Foundation issues
These are the median purchase prices for December 2024 and are the year to date numbers. For monthly stats, visit the San Diego Association of Realtors website.
Average Home Price
$1,572,000
The median price of a single-family home in Hillcrest’s 92103 zip code.
$728,375
The median price of condos in Hillcrest’s 92103 zip code. (year to date)
Average Rent Price
$1,750-2,100/month
The price of an average 1 bedroom, 1 bathroom condo in Hillcrest. The price ranges depending on the unit’s upgrades.
$2,200-2,900/month
The price of an average 2 bedroom, 1 bathroom detached house in Hillcrest.
$3,000-3900/month
The price of an average 3 bedroom, 2 bathroom house in Hillcrest.
$4,000+/month
The price of an average 4 bedroom, 3 bathroom house in Hillcrest.
Good Life Promise
Real protection. Real Value. Real peace of mind.
Tenant Damage Coverage
We cover up to $3,500 in total reimbursement for physical damage, above the security deposit, caused by the tenant or their approved pet.
Eviction Protection
If a tenant we place needs to be evicted for any reason, not just nonpayment - we’ll cover up to $3,000 in court and legal fees, including attorney costs.
Releasing Support
If your tenant breaks their lease or is evicted within the first year, we’ll waive the leasing fee to find a qualified replacement -- at no cost to you.
Money back guarantee
Still unsure? Our six-month money-back commitment refunds up to 6 months of management fees if you’re not satisfied. No hassle, no hard feelings.
No long-term commitments
Stay because you want to, not because you have to. Month-to-month management with no long-term commitments required.
Risk and Fraud Protection
We protect your investment with rigorous tenant screening, secure payment systems, and proactive measures to minimize risk and prevent fraud.
Total Value:
over $10,000 in real, tangible protection.
- Eviction Management
- Rent Collection & Distribution
- Annual Inspections
- Lease Enforcement
- Expert Marketing & Listing
- Professional property photos
- On-Demand Showings
- Thorough Tenant Screening
- 24/7 Maintenance
- Rent-Ready Repairs & Cleaning
- Tax Document Preparation
- Move-in and Move-outs
Military Partnership
First Month Management Free for Veterans and Active Duty Service Members
We understand that when an active duty military member has to relocate, they often need to find a good Hillcrest property manager quickly. Our team is ready to respond to their needs.
Experts in Education
Your success is our business. That’s why we created the Learning Center, to educate our clients on essential California rental knowledge. Through blogs, videos, e-books and more, we share the most up-to-date information to help you succeed.
E-Books
Check out our downloadable guides for instant information on land lording in San Diego!
Videos
We have a ton of videos on tenant tips and home maintenance that can answer quick questions.
Blogs
Learn about all things Hillcrest property management in our expert-run blog.
Testimonials
