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Millman Team Real Estate

$7,500,000

1518 Rosecrans Street, San Diego, California 92106

  • Commercial Sale Property Type
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.

Basic Details
Commercial Sale
For Sale
260016900SD
$7,500,000
Active
Mixed Use
: Composition
Features
: Wall Furnace
$0
Address Map
CA
San Diego
San Diego
92106
Rosecrans Street
1518
W118° 46' 19.8''
N32° 43' 36.4''
92106 - Point Loma
Additional Information
$0
$0
$0
$0
$0
: Frame, Stucco
18
2026-07-10
Broker/Agent Information
Eric D. Comer, Broker
Eric Comer
Listing Information
SAND-625294
SAND-8042
Active
2026-07-10T19:27:22Z
CRMLS
2026-07-09T17:00:00Z
Agent info
Ray Millman
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