Mixed-Use Corner Property with
1051 Rosecrans Street San Diego, CA 92106
For Sale
$4,700,000
Four ground-floor retail suites and four residential units at a Rosecrans Street and Upshur Street corner location.
Property Size7,600 SF
Price / SF$618.42
Days on Market110
Property Features for 1051 Rosecrans Street
General Information
- Standard status
- Active
- Size
- 7,600 SF
- Property subtype
- Commercial
Listing Agency:
Conor Brennan,Broker
Listed By:
Conor Brennan
(714) 731-3777
Source:
Sevengables
Added: Apr 7
Changed: Jul 25
Last Checked: Jul 25 at 9:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Conor Brennan,Broker
Investment Insights
Based on property information with market context.
1051–1065 Rosecrans Street is a mixed-use property with four ground-floor retail suites and four residential units. The building provides approximately 7,600 square feet of total rentable area, creating a combined retail and residential income stream within the same asset.
The property is positioned on the prominent corner of Rosecrans Street and Upshur Street in Point Loma’s La Playa submarket of San Diego. The retail component is located along Rosecrans Street and is currently occupied by Define Lagree Fitness, Compass, Rose Tattoo, and Max Fitness.
The property is positioned on the prominent corner of Rosecrans Street and Upshur Street in Point Loma’s La Playa submarket of San Diego. The retail component is located along Rosecrans Street and is currently occupied by Define Lagree Fitness, Compass, Rose Tattoo, and Max Fitness.
Key Highlights
- Mixed‑use property at the corner of Rosecrans St and Upshur St in the La Playa submarket of Point Loma
- 4 ground‑floor retail suites plus 4 residential units, totaling approximately 7,600 SF of rentable area
- Retail and residential income mix with historically strong occupancy across both components
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $273.6k | $36.00 |
| − Vacancy | −$11.5k | −$1.52 |
| EGI | $262.1k | $34.48 |
| − OpEx | −$78.6k | −$10.35 |
| NOI | $183.5k | $24.14 |
7,600 SF · lease $36.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.62M
$2.29M – $3.06M
NOI $183,457 @ 7.0% cap · market cap 3.90%
Second Best
Mixed Use
$2.10M
$1.84M – $2.45M
NOI $146,832 @ 7.0% cap · market cap 3.12%
Theoretical Best
Specialty Retail
$3.00M
$2.63M – $3.50M
NOI $210,125 @ 7.0% cap · market cap 4.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Mixed-use property - Four ground-floor retail suites and four residential units at a Rosecrans Street and Upshur Street corner location.
Where is this mixed-use property located?
The property is located at 1051 Rosecrans Street San Diego, CA.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Mixed‑use property at the corner of Rosecrans St and Upshur St in the La Playa submarket of Point Loma; 4 ground‑floor retail suites plus 4 residential units, totaling approximately 7,600 SF of rentable area; Retail and residential income mix with historically strong occupancy across both components
