It's a great outdoor grower here in SoCal. Here's a photo of mine blooming last year...
It's mounted under 50% shade cloth but it could probably handle more light...especially since you're closer to the coast than I am. In terms of water...during winter I water it first thing in the morning once a week. During the hottest days of summer I water it at night every other day. I start watering at night once the temps stay above 55F...the lower evaporation rate gives it enough time to absorb all the water it wants. It dries out completely between waterings.
If you haven't had a chance to read it here's a great AOS article...
Growing Orchids Outdoors in Southern California
To see what other SoCal orchid growers are growing outside check out...
Roberta Fox's Outdoor Orchids
Don Brown's Outdoor Orchids
If you're ever up this way you're welcome to come by for a tour. Just send a PM.