Mission Beach is the central San Diego beach neighborhood south of Pacific Beach & La Jolla and north of Ocean Beach. Mission Beach real estate consists of beach homes & condos on Ocean Front Walk, Bayside Walk, Avalon Ct, Brighton Ct, Mission Blvd and much more A-Z classic beach town names. The primary geography that separates Mission Beach from Pacific Beach is that Mission Beach consists only of the strip of land separating the Pacific Ocean from Mission Bay. This unique geography makes Mission Beach somewhat of a goldmine when it comes to real estate.
A good percentage of the properties are on Ocean Front Walk or Bayside Walk, but all properties are within steps to the beach and the bay. As an investment opportunity Mission Beach real estate has an outstanding return on investment, vacation rental history and quality of life. Many of the properties can be rented out weekly in the peak summer months (June to September) for about $1,000-$1,500 per bedroom per week with around a 5%-10% vacancy rate to tourists from warmer climates like Arizona, Nevada & El Centro. While the winter monthly rates, rent for around $700-$1000 per bedroom per week with around a 50% vacancy rate to tourists from colder climates in the Midwest, back east and Canada. Although small, Mission Beach is a fairly diverse community. South Mission Beach has less traffic on the Blvd, Boardwalk and beaches, but there are fewer restaurants/shops within walking distance. North of the Roller Coaster is North Mission Beach, where there are more shops, restaurants, commercial and only a short walk to Pacific Beach. We work, live and play in the Mission Beach neighborhood, and know the area better than any of the general San Diego real estate brokers. When it comes to buying and selling in Mission Beach we can provide you with the expertise that will make the process as enjoyable as living in your dream home. Currently, Ocean Front Walk prices are averaging around $1,000-$1,300 per square foot depending on location on the strand, condition of building, parking layout and amenities. However, there is only a finite amount of land to build in Mission Beach, and the demand for beach front real estate will never go away. Ocean Front Walk real estate gives way to panoramic ocean views, a busy boardwalk and a front yard being the Pacific Ocean. Bayside Walk prices are averaging around $1,000 sq foot and has held pretty steady over the past few years, and there is never that many properties for sale on Bayside Walk. Bayside Walk real estate is quieter, with morning sunshine, less boardwalk traffic and great evening night light views. Mission Beach Court properties such as Devon Ct, Kingston Ct, Jamaica Ct, Salem Ct, Toulon Ct and more have come down in quite a bit from their all-time highs of 2005. Generally, these 2-4 Br homes/condos have small courtyards, 3 stories, decks, roof decks and some have peak water views. These are great investments for 2nd homes, vacation rentals, college family investments or just that house at the beach which is never more than a few steps to the sand.