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18-Unit Apartment Building
For Sale
$6,800,000

1518 Rosecrans St, San Diego, CA 92106

One- and two-bedroom layouts include on-site laundry and professionally landscaped grounds.

Property Size10,800 SF
Price / SF$629.63
Days on Market121

Property Features for 1518 Rosecrans St

General Information

Standard status Active
Size 10,800 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 18

Amenities

on-site laundry facility
professionally landscaped grounds
Listing Agency: Eric D. Comer, Broker
Listed By: Eric D Comer eric.comer@kidder.com · License #00842230
Source: Findahomenorthcountysandiego
Added: Jun 18 Changed: Oct 1 Last Checked: Oct 16 at 8:56AM

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 Eric D. Comer, Broker

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Investment Insights

Based on property information with market context.

This 18-unit apartment property in Point Loma includes a mix of one-bedroom and two-bedroom residences, an on-site laundry facility, and professionally maintained landscaped grounds. Six units have been improved by current ownership, while in-place rents remain below market. The property offers a documented path for further rent increases through interior and exterior renovation.

The community is positioned near restaurants, grocery stores, coffee shops, neighborhood services, the waterfront, marinas, and bay views. Liberty Station is less than one mile away and includes approximately 360,000 square feet of retail, dining, office, and entertainment space. Nearby employment includes the U.S. Navy, adding to the property's coastal San Diego setting and surrounding amenity base.

Key Highlights

  • 18‑unit apartment community in Point Loma
  • One‑bedroom and two‑bedroom floor plans
  • On‑site laundry facility

Property Analytics

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Current Use

Loma Manor Apartment Building

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply Pharmacy Furniture & Home Goods Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

1,857
Businesses Nearby

Demographics for 92106, CA

20,214
Population
7,908
Households
2.6
Avg Household Size
39
Median Age
63%
College-Educated
97%
High-School Grad
5.7 sq mi
ZIP Area
3,546
Density / Sq Mi
$127,209
Median Household Income
$55,428
Median Earnings
$2,231
Median Rent
$1,359,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - One- and two-bedroom layouts include on-site laundry and professionally landscaped grounds.
Where is this apartment building located?
The property is located at 1518 Rosecrans St San Diego, CA.
What is the asking price?
The asking price for this property is $6,800,000.
What are key features of this property?
This property features: 18‑unit apartment community in Point Loma; One‑bedroom and two‑bedroom floor plans; On‑site laundry facility
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