I think MM is one of the most undervalued areas in the region when considering the age and quality of the housing stock and it’s proximity to employment. MM is surrounded by Rancho Penaquitos and Scripps to the north and east; and the employment areas of Miramar, Kearney Mesa, UTC and Sorrento Valley to the south and west. What’s not to like about the location?
I think this is an area that could easily make up for lost ground the next time the cycle comes around.