In 1542, the maritime explorer Juan Rodriguez Cabrillo became the first European to set foot in California on the east shore of Point Loma, leading historians to designate the land as “where California began”.  Point Loma is a peninsula between the Pacific Ocean and San Diego Bay known for its tree-lined streets, diverse architecture and picturesque beaches.  The area is also home to Point Loma Palms, a 1968-vintage, 25-unit apartment community that Pathfinder acquired in 2020.

Point Loma Palms includes a mix of one and two-bedroom apartments averaging 600 square feet with private patios (first floor units) and vaulted ceilings (second floor units). At acquisition, one unit was unpermitted and minimal upgrades had been completed in over 50 years.

Pathfinder’s common area renovations include new paint, signage and fencing, façade and landscaping enhancements, live-monitoring security cameras and the addition of a bike/storage room.

We also permitted the unpermitted apartment and renovated all interiors with the installation of washer/dryers and updated bathrooms, kitchens, living rooms and bedrooms. The apartments feature an open floor plan and a built-in desk to accommodate tenants who work remotely.

The property is walking distance to live concerts and sporting events at the Pachanga Arena and a short drive from downtown San Diego, San Diego Bay and several beaches. There are numerous historical sites and parks nearby including the 46-acre NTC Liberty Station Waterfront Park and the 68-acre Sunset Cliffs Natural Park, a favorite destination for tide pooling, hiking and sunsets.

We are grateful to be a part of this remarkable community and to provide a secure and comfortable living environment at Point Loma Palms.