Real Estate Investing in San Simeon, California (93452)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93452 (San Simeon, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 38.2% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 25.4 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in San Simeon, CA (93452)?
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Market Analysis: 93452 San Simeon
ZIP 93452 in San Simeon, CA carries a sturdy set of headwinds. Home values near $602K and rents of $1,980/mo sit inside a market where underwriting has to be tight.
The 93452 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Nearby ZIPs in San Simeon have seen price recovery that 93452 has not matched. San Luis Obispo County data supports the view that the spread is structural rather than temporary.
Demographically, 93452 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in San Simeon:
Market Trends
Home Value History (with trend line)
📊 How Does 93452 Compare?
| Metric | 93452 | San Simeon | San Luis Obispo-Paso Robles, CA | California |
|---|---|---|---|---|
| Home Value | $602,321 | $602,321 | N/A | $761,003 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 5.7% |
| Avg Rent | $1,980 | $1,980 | N/A | - |
| Cap Rate | 2.6% | 2.6% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 93452 (San Simeon, CA). Anonymous, moderated, never written by AI.
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Property managers serving San Luis Obispo County
Manage rentals here? List your business →Academe Real Estate & Property Management is led by Fred Dotterrer in Atascadero, CA. summary from their website
California Property Services offers property management services. summary from their website
Nipomo Property Management offers property management services, listings, market analysis, and resources for buyers, sellers, and homeowners. 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 | $602,321 |
| Monthly Rent | $1,980 |
| Price-to-Rent | 25.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.9% |
| Cap Rate | 2.6% |
| 5-Year IRR | 6.2% |
📈 Home Appreciation
| 1-Year | +1.8% ▲ |
| 3-Year CAGR | +2.1% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +4.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.6%). 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 93452
Population: 301
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
Frequently Asked Questions
What real estate strategy is ideal for San Simeon, CA?
The best-fit strategy in San Simeon, CA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
How expensive is real estate in San Simeon, CA?
In San Simeon, CA the median home value sits at $602K. Against the broader CA market, that reads as reasonable for most investors.
What is the average monthly rent in San Simeon, CA?
Investors in San Simeon, CA typically see rents near $1,980/mo per month against $602K home values - a solid setup for rental cash flow.
Is San Simeon, CA a friendly market for rental owners?
San Simeon, CA operates under CA law, which is tenant-protective overall for landlords. Expect stable treatment in typical lease and eviction cases.
Is San Simeon, CA a smart market for rental property?
Yes - San Simeon, CA a 3.0/5 investability score. With $602K home prices against $1,980/mo monthly rent, the market delivers a reasonable entry point for new investors.
You know 93452 now. You don’t know where it ranks.
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How 93452 ranks in San Luis Obispo-Paso Robles, CA
Every ZIP in this metro, ranked. Free.
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