Old Town / Morena

92110 · San Diego

D (0)

Old Town San Diego, the University of San Diego (USD), the Morena Boulevard corridor, and Bay Park. A diverse housing mix from historic homes to midcentury near USD to newer condos along I-5, with the planned Sports Arena/Midway redevelopment on the western edge.

Active Listings

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Median Price

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Avg Rent

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Avg Cashflow

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Avg Cap Rate

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Avg CoC

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P/R Ratio

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Price Range

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Highlights

  • University of San Diego drives steady student and faculty demand
  • Old Town Trolley station and Old Town State Historic Park
  • Morena Boulevard and Bay Park near Mission Bay amenities
  • Sports Arena/Midway redevelopment is a long-term upside catalyst

Investor Notes

  • USD-adjacent properties have strong by-the-room rental potential
  • Mid-range price point compared to Mission Hills (92103) and PB (92109)
  • Sports Arena redevelopment timeline is multi-year — watch for entitlements
  • Bay Park views command premiums — verify view protections before paying up

Demographics

Vibe

Mixed urban, university-adjacent

Median Income

~$95K

Top Employers

University of San Diego, healthcare, hospitality, military

Stats are live from our database. Default assumptions: 20% down, 6.5% rate, 30yr. Rents estimated via proprietary model.