Real Estate Investing in San Diego, California (92119)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92119 (San Diego, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 32.1 — hard to cash-flow at these prices.
What’s happening in San Diego, CA (92119)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92119 San Diego
ZIP 92119 inside San Diego County looks affordable on the surface — median value of $985K — but the discount exists for reasons that a careful buyer should understand before committing.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 92119 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 92119 among CA's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
A durable renter share of 26% in 92119 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 92119 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in San Diego:
Property Strategy for 92119
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $366,107 | $2,520 | 5.0% | +6.7% | $366,107 |
| 2BR | $511,538 | $3,080 | 4.3% | +5.7% | $255,769 |
| 3BR | $917,744 | $4,100 | 3.2% | +7.6% | $305,915 |
| 4BR | $1,090,380 | $4,970 | 3.3% | +8.5% | $272,595 |
| 5BR | $1,161,772 | — | — | +8.3% | $232,354 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92119 Compare?
| Metric | 92119 | San Diego | San Diego-Chula Vista-Carlsbad, CA | California |
|---|---|---|---|---|
| Home Value | $985,357 | $867,955 | N/A | $761,003 |
| 5-Year CAGR | 5.0% | 4.8% | N/A | 5.7% |
| Avg Rent | $2,555 | $3,152 | N/A | - |
| Cap Rate | 2.0% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 92119 (San Diego, CA). Anonymous, moderated, never written by AI.
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Property managers serving San Diego County
Manage rentals here? List your business →33 Property Management offers residential and multi-family property management services in North County San Diego and Riverside, CA. summary from their website
This domain is for sale. summary from their website
Advent provides quality property management services throughout Southern California, focusing on customer service and using modern property management tools. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $985,357 |
| Monthly Rent | $2,555 |
| Price-to-Rent | 32.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.1% |
| Cap Rate | 2.0% |
| 5-Year IRR | 7.0% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | -3.3% ▼ |
| 3-Year CAGR | -0.1% ▼ |
| 5-Year CAGR | +4.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 92119
Population: 24,868
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 92119
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Foster Elementary
Dailard Elementary
Hearst Elementary
JCS - Manzanita
Marvin Elementary
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 6,135 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How tight is the rental market in San Diego, CA?
Vacancy risk in San Diego, CA is elevated. That supports even-keeled cash flow for typical rental holds.
Is San Diego, CA good for landlords?
For rental operators, San Diego, CA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
What is the smart move for investors in San Diego, CA?
In San Diego, CA the robust play is typically careful cash-flow rentals with hands-on management. The combination of $985K prices and $2,555/mo rents suits that approach.
Is house hacking profitable in San Diego, CA?
House hacking works a challenging in San Diego, CA. Rents of $2,555/mo against $985K acquisition make the strategy solid for owner-occupants.
Should investors consider San Diego, CA?
The 3.0/5 investability rating in San Diego, CA reflects its $985K prices and $2,555/mo rents. Investors generally consider it a solid option within CA.
You know 92119 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 92119 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 92119 ranks in San Diego-Chula Vista-Carlsbad, CA
Every ZIP in this metro, ranked. Free.
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