1518 Rosecrans Street, San Diego, CA 92106
List Price: $7.5M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
MLS Number: 260016900SD
About This Property
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.
Listing provided by: Eric Comer DRE #00842230 858-509-1200 eric.comer@kidder.com, Eric D. Comer, Broker
Source: CRMLS, MLS #: 260016900SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.