1518 Rosecrans Street, San Diego, CA 92106
1518 Rosecrans Street, San Diego, CA 92106
1518 Rosecrans Street, San Diego, CA 92106
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Kobe Zimmerman

Kobe Zimmerman

+1(858) 753-3353
$7,500,000
Est. payment /mo
24 Beds
18 Baths
10,800 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 10,800 sqft

Price per Sqft $694

MLS Listing ID 260016900

Bedrooms 24

Full Baths 18

Property Sub-Type Com-Res Income

Property Description

Loma Manor is an 18-unit apartment community located in the coastal neighborhood of Point Loma. The property features one-bedroom and two-bedroom floor plans, an on-site laundry facility, and well-maintained, professionally landscaped grounds. Residents enjoy a highly walkable location near restaurants, grocery stores, coffee shops, and neighborhood amenities, and are less than one mile from Liberty Station, offering approximately 360,000 square feet of premier retail, dining, office, and entertainment space. While the property has been well maintained, in-place rents remain below market. Current ownership has improved six of the 18 units. A new owner can significantly increase the current rents with a full interior and exterior renovation. Located near the waterfront, the property has historically maintained strong occupancy and benefits from Point Loma's desirable coastal lifestyle, scenic bay views, nearby marinas, and major employment centers, including the U.S. Navy. Loma Manor Apartments offers a rare opportunity to acquire a well located coastal multifamily asset with meaningful value-add potential in one of San Diego's most desirable and supply-constrained submarkets.

Location

State CA

County San Diego

Area Coastal South

Interior

Heating Wall

Cooling None

Fireplace No

Laundry Leased

Exterior

Parking Features Spaces

View Y/N No

Roof Type Composition

Building

Dwelling Type Apartment

Story 2

Others

Senior Community No

Tax ID 530-742-05-00

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MLS Router / San Diego MLS
Listed by Eric D Comer, DRE#00842230 Eric D. Comer, Broker 

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1518 Rosecrans Street