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Mark Mills
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(619) 606-2596

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Mark Mills
Realtor & Economist

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(619) 606-2596

Mark@LiveAtTheTop.com

CA DRE #01360992

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East Village
Boosted by plans surrounding Petco Park, development has skyrocketed in this district, the last to be developed by the city. Nearly 7,000 parking spaces; 1,056,900 square feet of retail space; 2,396 hotel rooms; and 2,429 residential units are planned for completion by 2006. Other projects include: Park at the Park, a picnic area and neighborhood park; East Village Square, a 500,000 square foot retail, entertainment and office development north of the ballpark; Campus at the Park, space for technology and office buildings on Park Boulevard; and the Park to Bay Link, a tree-lined promenade linking Balboa Park and San Diego Bay along Twelfth Avenue. Furthermore, four hotels, a new Main Library and numerous public improvements are planned.

East Village is San Diego's largest and most rapidly developing neighborhood. Schools, a central police station, commercial services and industry balance the residential land use. This center of modern urban development is also San Diego's arts district, spotted with artists' homes, studios, galleries and shops. The Redevelopment Agency has focused on giving East Village residents "an enviable quality of life" through beautification, rehabilitation, employment opportunities, and the development of East Village as an arts and entertainment center.

East Village had suffered from deterioration, crime and homelessness before the Centre City Community Plan was implemented in 1992. Vast public improvements, social services, and commercial and residential developments have made over East Village, with an emphasis on its rich culture. Now, former warehouses and other old buildings have been transformed into charming residential lofts. The New School of Architecture, San Diego City College and two high schools augment this neighborhood's youthful, creative population.

Written by San Diego's Center City Development Corporation.

In 2009, there were 359 condos sold, 215 in new construction by developers, 62 REO's, 42 Short Sales and 40 normal resales.
Average sales price was $420,000 with an average price per square foot of $401.
Properties in this neighborhood:
Property Total Units Sq Footage Price Range HOA fees Rating
777 Lofts 103 544 - 1,314 $200,000 - $500,000 $300 - $400 starstarstar
Alta 179 482 - 1,227 $250,000 - $800,000 Approx $450 - $600 starstarstarstarhalf star
Cosmopolitan Square 113 TBA TBA TBA
Diamond Terrace 113 425 - 1,113 $150,000 - $750,000 $350 - $450 starstarstar
Element 65 500 - 900 $100,000 - $400,000 $400 - $500 starstarhalf star
Fahrenheit 77 630 - 2,390 $250,000 - $700,000 $350 - $600 starstarstarhalf star
ICON 325 600 - 1,966 $225,000 - $800,000 $450 - $600 starstarstarstar
Legend 178 800 - 1,894 $400,000 - $1,500,000 $750 - $1,000 starstarstarstarhalf star
M2i 230 542- 1,889 $250,000 - $800,000 $350 - $500/month starstarstarstar
Mark 244 744 - 3,400 $300,000 - $1,500,000 $650 - $902 starstarstarstarstar
Metrome 184 650 - 1,450 $250,000 - $600,000 $300 - $400 starstarstarhalf star
Metropolitan 36 1,587 - 2,444 is standard (some units have been combined) $1,000,000 - $4,000,000 $1,200 - $2,000 starstarstarstarhalf star
Nexus 76 600 - 1,300 $250,000 - $600,000 $450 - $575 per month starstarstarhalf star
Omni Hotel (see Metropolitan) 0
Park Boulevard East 104 650 - 1,800 $200,000 - $400,000 $350 - $450
Park Boulevard West 117 717 - 1,333 $200,000 - $500,000 $400 - $400 starstarstar
Park Terrace 223 404 - 1,292 $160,000 - $700,000 $500 - $650 starstarstarstar
Parkloft 120 930 - 3,000 $325,000 - $2,000,000 $700 - $900 starstarstarstarhalf star
Row Homes on F Street 17 1,194 - 1,952 $400,000 to $1,00,000 None. starstarstarstar
Smart Corner 301 446, - 1,517 $150,000 - $950,000 $450 - 650/mo
Union Square 262 642 - 1,742 $125,000 - $500,000 $400 - $500 starstarstar
   
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