San Bruno is a medium-sized city in San Mateo County, California that is known for its diverse population, beautiful parks, excellent schools, and vibrant culture. The city is also home to a number of tech companies and startups, which has made it a popular destination for young professionals.
While San Bruno is a safe investment choice, there are many myths and misconceptions about the city. In this blog post, we’ll debunk some of the most common negative rumors about San Bruno, and showcase its positive aspects to help you decide if it’s the right property investment for you. So, is San Bruno safe for real estate investors? Let’s find out.
Is San Bruno Safe for Property Investors?
There are certainly some risks to consider when investing in any property, but overall, San Bruno is a safe place to invest.
Crime Rate
San Bruno is one of the safer cities in California, with a crime rate that is significantly lower than the national average, and the city has taken steps to improve security in recent years. The city’s violent crime rate of 2.28 per 1,000 residents. The property crime rate in San Bruno is just 21.52 per 1,000 residents.
San Bruno is constantly working to improve public safety by increasing its police presence. The City is also working to raise public awareness about crime prevention and safety by offering a variety of safety programs and presentations and engaging with the community.
How safe is San Bruno BART? The San Bruno Police Department is located just a few minutes away from the BART station, so they are able to respond quickly to any crime that might occur. The station is well-lit and has security cameras that help to deter crime.
Disaster Preparedness
San Bruno has taken a number of steps to mitigate the risks associated with geologic and seismic hazards, flooding and other natural calamities, hazardous and contaminated materials, industrial noise, and airport safety. The city has aslso enacted strict building codes that require all structures to be built to withstand seismic activity.
Population
With a population of 43,908, the city is extremely ethnically-diverse, with large populations of Asian, White, and Hispanic or Latino residents accounting for 29.98% of the population.
Weather
The city sits on the San Francisco Peninsula and has a mild Mediterranean climate with warm, dry summers and cool, wet winters. The hills to the west protect the city from the strong ocean winds and moisture-laden system from the Western Pacific Ocean. As a result, San Bruno enjoys more moderate weather than its neighbors to the west and south.
Advantages of Investing in San Bruno
1. Family-Oriented
San Bruno is a great place to raise a family. It has several highly rated public and private school options. Families can also enjoy the city’s many parks and recreation facilities. Thanks to its ethnically diverse community, residents can enjoy a variety of cultural experiences and authentic cuisine from all over the world, as well as live music and art exhibits.
2. Employment and Business Opportunities
With its convenient location and affordable office space, San Bruno is an attractive option for businesses of all sizes. The top three employment industries in San Bruno are healthcare, retail, and professional, scientific, and technical services. A number of high-tech companies have been founded in or near San Bruno, including LendingHome, Prosper Marketplace, VideoAmp, ZenDesk, YouTube (now a subsidiary of Google), and Walmart eCommerce (formerly Jet).
3. Diverse Housing Options
San Bruno offers a wide variety of housing options, from single-family homes to apartments and condos. There are also a number of new construction projects underway, which will provide even more housing options in the future. And because of its location near Silicon Valley and close proximity to San Francisco International Airport (SFO), many tech workers live in San Bruno.
4. Recreation Opportunities
San Bruno is home to a number of retail establishments and restaurants. And because it is located at the northern edge of the Bay Area, there are a number of outdoor recreation, including Crestmoor Park, Highlands Park, Tanforan Park, Mills Creek Park, San Bruno City, and San Bruno Mountain State Park. These parks offer residents opportunities for hiking, picnicking, fishing, playgrounds, basketball courts, and more.
5. Close Proximity to San Francisco
San Bruno is located just south of San Francisco, making it an ideal place to live for those who want to be close to the city but don’t want to pay city prices. San Bruno is also convenient to a number of other Bay Area cities, making it easy to get around without having to fight traffic
The Current Real Estate Market Trends in San Bruno
San Bruno’s real estate market is competitive right now. Many people are looking for homes and condominiums in the city but there is always a concern about whether or not the prices will continue to rise.
The average selling price of properties in San Bruno was $1.2M and has an annual appreciation rate of 10.82%. Most properties sell in around 27 days, which is a good sign for buyers who may want to move in quickly. Without a doubt, this is a very popular area for people who want to live near San Francisco but don’t want to pay high prices for housing.
Single-family homes
Single-family homes dominate San Bruno’s real estate market because they are the most affordable option for homeowners and also provide a quick and large return on investment compared to other types of properties.
Condos and apartments
Condos and apartments in San Bruno tend to be more expensive than single-family homes but offer many amenities, as well as both rental income and capital appreciation opportunities while also providing an easy way to get into real estate as an investment vehicle.
Duplexes and triplexes
There are also great duplexes and triplexes available for purchase in San Bruno. These properties can be bought with cash through short sales or foreclosures as well as with financing through mortgages and/or home equity lines of credit (HELOCs).
Best Neighborhoods in San Bruno
Is San Bruno ghetto? It is commonly asked by newcomers to the city. The answer depends on what you are looking for in a neighborhood. There are actually several neighborhoods in San Bruno that are popular with families and investors looking to buy houses for sale.
The Crossings
Located in the heart of San Bruno, this area is home to many businesses including a variety of cafes and restaurants as well as retail shops. The cross streets include San Antonio Avenue and Bay Road. It also has some housing options with single-family homes, condominiums, and townhomes. The Crossings is also one of the best places to see concerts or sporting events in the area.
Crestmoor
Crestmoor is a charming, quiet neighborhood in San Bruno, California. It is one of the most popular neighborhoods in the city due to its close proximity to downtown San Francisco and easy access to highways. The area is residential with homes ranging from single-family homes to townhomes, and condos. There are also several parks, schools, and shopping centers nearby including Crestmoor Village Shopping Center, Crestmoor Elementary School, Crestmoor Park, and Crestmoor Playground.
Pacific Heights
Pacific Heights is an affluent neighborhood located just north of San Francisco International Airport (SFO). The neighborhood has been around since the late 1800s when it was known as “Pinehurst.” The area has been well-preserved thanks to its proximity to SFO and the fact that it was never built on top of a landfill like many other cities in California.
Final Thoughts
With its diverse array of neighborhoods and strong local economy, San Bruno is a wise choice for investors looking for a suburban option near San Francisco. With its close proximity to Silicon Valley, it’s no wonder that more people are interested in moving to this city.