Neighborhood Real Estate

Name

Neighborhood Real Estate

Legal name

Neighborhood Real Estate

Website

https://myneighborhoodsd.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Residential Real Estate Services

NAICS

Offices of Real Estate Agents and Brokers (53121), New Housing For-Sale Builders (236117), Offices of Real Estate Agents and Brokers (5312)

SIC

Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552), Loan Brokers (6163)

akta.pro primary industry

Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA)

akta.pro secondary industries

Affordable Housing & First-Time Buyer Brokerage (BPAJAAAD), Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL), Residential Mortgage Brokerage (Purchase & Refinance) (FSAEAEAA), Residential Real Estate Asset Management (BPAJAMAA)

Keywords

• Residential real estate brokerage
• New home development
• Home buyer assistance
• Property sales services
• First-time homebuyer programs

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain, Others

Revenue model

1. Real Estate Sales Commission: The company earns commissions on the sale of new homes through their development projects. They act as the broker for home sales in communities they develop or represent.
2. Mortgage Services: Through partnership with Guild Mortgage (Dee Sodano), the company generates referral fees from mortgage origination services provided to home buyers.
3. Development Revenue: Through parent company Ito Girard & Associates Inc., revenue is generated from land development and home construction/sales, with approximately 90 homes across multiple projects.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Neighborhood Real Estate is a residential real estate brokerage and small-scale developer that assists clients with buying and selling homes in southeastern San Diego, supported by a team of Home Advisors. Through its parent company Ito Girard & Associates Inc., it also develops and sells new-construction homes in multiple named communities (Creekside Pointe, Hilltop Crossing, Ocean View Terrace) and provides mortgage referral services via Guild Mortgage.

Product overview

Neighborhood Real Estate is a residential real estate services company offering a unified set of home buying and selling services. The core offerings include Buy a Home and Sell Your Home assistance programs, backed by a team of Home Advisors. The company also develops and sells new construction homes through multiple named communities: Creekside Pointe (24 townhomes), Hilltop Crossing (47 single-family homes and townhomes), and Ocean View Terrace (19 homes), with Robinson Lane (10 homes) and Mallard Court (12 homes) now sold out. Supporting tools include a mortgage calculator and Homesnap integration for home valuation.

Differentiator

Problem solved

Functional benefit

Products and services

• Buy a Home Home buying assistance service in which Neighborhood Real Estate Home Advisors help clients navigate the home purchasing process and find homes, primarily in southeastern San Diego. Includes buyer representation, first-time homebuyer program guidance, and access to new development communities.
• Sell Your Home Home selling service where Home Advisors work with clients to sell their homes, including pricing guidance, market analysis, and listing representation in the southeastern San Diego market.
• Creekside Pointe 24-unit single-family townhome development in San Diego 92114, featuring 3 bedrooms, 3 bathrooms, approximately 1,417–1,427 sq ft, with 2-car garages, located near major highways and the trolley. Co-developed with Infill Development.
• Hilltop Crossing 47-unit new-construction community in southeastern San Diego (92102) offering 3–4 bedroom single-family homes and 3-bedroom townhomes with 2.5–3 bathrooms, approximately 1,575–1,772 sq ft, with solar panels included. 75% of homes are reserved for households earning 100%–150% of Area Median Income, priced from $636,000 to mid-$700,000s.
• Ocean View Terrace 19-unit brand-new single-family townhome-style community in San Diego 92113, with homes of approximately 1,479 sq ft each.
• Robinson Lane 10 brand-new homes in Santee 92071, featuring 3–4 bedrooms, 2.5 bathrooms, two-car garages, private-fenced backyards, located on a private cul-de-sac (community now sold out).
• Mallard Court Homes 12 brand-new homes in Lemon Grove 91945, featuring 3–4 bedrooms, 2.5 bathrooms, two-car garages, private-use backyards with cedar wood fencing, located on a private cul-de-sac (community now sold out).

Quantifiable outcome

• 90 homes developed across multiple communities including Creekside Pointe (24), Hilltop Crossing (47), Ocean View Terrace (19), Robinson Lane (10), and Mallard Court (12)
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

Five partnerships are on record, tiered core and important.

• Guild Mortgage (Dee Sodano)coreChannel Partner/ Reseller/ Distributor · 1 January 2023Dee Sodano, Sales Coordinator at Neighborhood Real Estate, is also an NMLS-licensed mortgage professional with Guild Mortgage. Provides mortgage origination services including first-time homebuyer programs, conventional loans, and multi-million dollar loans.
• La Jolla MJ Management (Jack McGrory)coreStrategic or Co-development Partner · 1 January 2022Co-development partner with Robert Ito on housing projects including Hilltop Crossing (47 homes) and other Encanto-area developments. Jack McGrory, former San Diego City Manager, brings public-sector expertise and credibility to the partnership.
• Black Contractors Association of California (BCA)importantStrategic or Co-development Partner · 1 January 2022Affiliate members of BCA secured contracts with Hilltop Crossing development. Partnership ensures community participation in infrastructure and promotes equitable economic growth through inclusion of minority-owned contractors.
• Infill DevelopmentimportantStrategic or Co-development Partner · 1 January 2019Co-development partner for Creekside Pointe Townhomes project providing 24 single-family townhomes in southeastern San Diego.
• HM Constructor Inc.importantImplementation/ SI/ Consulting Partner · 1 January 2019General contractor for Mallard Court Homes project (12 homes in Lemon Grove). Built by HM Constructor Inc. and ready for sale July 2020.

Scale indicators7 records

Recent moves6 records

Expansion highlights3 records

Broad incumbents

• Compass San Diego: National real estate brokerage with major San Diego presence offering buy/sell services across price tiers. Comparable on the brokerage services dimension though Compass operates a tech-enabled, agent-driven brokerage model rather than development-integrated representation.
• Lennar San Diego: Major national homebuilder with active for-sale communities throughout San Diego County at price points spanning entry-level through luxury. Serves the same first-time-buyer demographic Neighborhood Real Estate targets but at substantially greater volume and capital base.
• Shea Homes San Diego: Division of national homebuilder Shea Homes actively selling new-home communities across San Diego County including entry-level and move-up segments. Overlaps with Neighborhood Real Estate on first-time-buyer positioning in San Diego but operates at materially larger scale and broader geography.
• KB Home San Diego: National production homebuilder with a significant San Diego presence focused on first-time and first-move-up buyers at attainable price points. Closest large-scale comparator to Neighborhood Real Estate's entry-level product positioning and energy-efficient design approach.

Others

• Guild Mortgage: National mortgage lender that partners with Neighborhood Real Estate through Dee Sodano for first-time-buyer mortgage origination and HERO financing programs. Direct mortgage-referral partner that captures adjacent revenue on the firm's transactions.
• Building Industry Association of San Diego: Regional trade association for San Diego homebuilders in which Roxanne Girard holds a board seat. Indirectly comparable as the institutional ecosystem where Neighborhood Real Estate gains industry relationships, advocacy, and developer peer positioning.

Regional players

• Habitat for Humanity San Diego: Regional nonprofit developer building affordable and attainable homes in San Diego for low- and moderate-income households. Comparable to Neighborhood Real Estate's focus on underserved buyers in southeastern San Diego, though Habitat is larger in scale and operates on a nonprofit model rather than market-rate attainable pricing.
• City Heights Community Development Corporation: San Diego-area nonprofit focused on affordable housing development and community building in underserved neighborhoods similar to southeastern San Diego. Comparable as a community-rooted developer addressing BIPOC and first-time buyers via impact-oriented development.
• Civita Development (Sudberry Properties): San Diego infill master-planned community developer building for-sale housing in the Civita project in Mission Valley. Comparable as a regional infill developer delivering new-construction for-sale homes in San Diego, though operating at substantially larger scale.

Direct peers

• Richland Communities: San Diego infill homebuilder focused on small- to mid-sized for-sale communities, including townhomes and missing-middle housing types. Most directly comparable as a similarly sized infill developer operating in the same metro with overlapping product types (townhomes, small SFR communities).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCQqCODPTmtJOjMGPlml3hng/videos
• Facebookfacebook.com/myneighborhoodsd
• Instagraminstagram.com/myneighborhoodsd

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neighborhood Real Estate