High Quality Content by WIKIPEDIA articles! Point Loma is a seaside community of San Diego, California. Geographically it is a hilly peninsula that is bordered on the west and south by the Pacific Ocean, the east by the San Diego Bay and Old Town and the north by the San Diego River. Along with the Coronado peninsula, Point Loma separates San Diego Bay from the Pacific Ocean. Point Loma has an estimated population of 45,887 (including Ocean Beach), according to the 2000 Census. The 2008 population of the 92106 and 92107 ZIP codes is estimated at 48,285.