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1051-65 Rosecrans Street, San Diego, CA 92106 For Sale

RK
CA 00917639
CBRE - San Diego
CB
CBRE - San Diego
Listed by CBRE - San Diego
$4,700,000
69 days on market
Updated 30 days ago

1051-65 Rosecrans Street

Details
Property Type Multifamily, Mixed Use (+1)
Sub Type Storefront
Square Footage 7,600
Units 8
Cap Rate 5.08%
NOI $238,573
Occupancy 100%
Tenancy Multi
Lot Size (SqFt) 9,956
Zoning CC-4-2
Ground Lease No

Mixed-Use Coastal Trophy Asset - 4 retail & 4 Apartments | Block To The Bay In Point Loma

Marketing description

CBRE is pleased to present 1051–1065 Rosecrans Street, a mixed-use investment opportunity located in the highly sought-after La Playa submarket of Point Loma, San Diego. Situated at the prominent corner of Rosecrans Street and Upshur Street, the property offers strong visibility and a well-balanced blend of retail and residential income streams in one of San Diego’s most affluent coastal communities.

The property consists of four (4) ground-floor retail suites and four (4) residential units, totaling approximately 7,600 square feet of rentable

area, providing investors with diversified cash flow and long-term stability. The asset has historically maintained strong occupancy across both the commercial and residential components, supported by consistent demand driven by the area’s high-income demographics and proximity to coastal amenities.

The retail component is strategically positioned along Rosecrans Street, a primary corridor through Point Loma, offering excellent exposure, foot traffic, and accessibility. The property is currently occupied by a curated mix of neighborhood-serving tenants, including Define Lagree Fitness, Compass, Rose Tattoo, and Max Fitness, which contribute to steady foot traffic and reinforce the property’s presence within the local retail landscape.

Investment highlights

  • Prime Coastal Location in La Playa, Point Loma - Located in one of San Diego’s most affluent and supply-constrained coastal submarkets, just moments from the waterfront, marinas, and Shelter Island.
  • Mixed-Use Asset with Diversified Income Streams - Comprised of four (4) retail suites and four (4) residential units, providing stable, balanced cash flow.
  • High-Visibility Retail Frontage on Rosecrans Street - Positioned along a primary corridor with strong traffic counts, excellent exposure, and accessibility.
  • 100% Leased with Proven Occupancy History - Stabilized asset with a track record of consistent tenancy across both retail and residential components.
  • Strong Demographics & High-Income Tenant Base - Located in a high-barrier-to-entry market supported by affluent households and limited available inventory.
  • Walkable Coastal Lifestyle with Amenity Access - Tenants benefit from proximity to dining, retail, marinas, and waterfront recreation.
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Listing Contacts

RK
CA 00917639
CBRE - San Diego
CB
CBRE - San Diego
Listed by CBRE - San Diego

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$238,573.00
$19,881.08/mo

Valuation Metrics

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DSCR
5.08%
Cap Rate
5.08%
ROI

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