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1537 Rosecrans, San Diego, CA 92106

Commercial property

1537 Rosecrans, San Diego, CA 92106 Sold February 2024 CRMLS
$5,300,000Sold February 2024

Listing Agent: Robert Rodrigues (DRE #00810769) · Listing Office: Real Properties Group · Contact: 619-223-2244 · Bought with: Robert Rodrigues · Real Properties Group · MLS #230020146SD · Source: CRMLS

11
Units
2.78%
Cap Rate
15,000 sqft
Lot Size
cc-4-2
Zoning
Commercial property
Type

About this commercial property

Rare opportunity to own a prime commercial-multifamily property on Rosecrans & Ingelow in Point Loma Village. The property consist of two parcels- #(530-752-09) 1537 Rosecrans St with 8 units 4(2br-1ba) apts on 2nd level & 4 office suites on 1st level, situated on a 10,000 sf corner lot, with 100ft of frontage on Rosecrans (zoned CC-4-2) with 10 onsite parking spaces.... parcel #(530-752-09) 2929-33 Ingelow St with 3 Units 2(1br-1ba) & 1 (2br-1ba) apt, situated on 5,000 sf lot (CC-4-2/RM-3-7), with 2 single car garages & 5 parking spaces! 15,000 sf of land, in total! Value add property with room to increase rents, RUBS and convert 2 garages to studio/ADU or develop and take advantage of the zoning (Complete Communities Zone Density). Location! block+ to the waterfront, America's Cup Harbor, Yacht clubs, Marinas, Shelter Island and Liberty Station. Just a short drive to airport, downtown, Convention Center....easy access to freeways! Properties like this rarely trade... Rare opportunity to own a prime commercial-multifamily property on Rosecrans & Ingelow in Point Loma Village. The property consist of two parcels- 1537 Rosecrans St with 8 units 4(2br-1ba) apts on 2nd level & 4 office suites on 1st level, situated on a 10,000 sf corner lot, with 100ft of frontage on Rosecrans (zoned CC-4-2) with 10 onsite parking spaces.... 2929-33 Ingelow St with 3 Units 2(1br-1ba) & 1 (2br-1ba) apt, situated on 5,000 sf lot (Cc-4-2/RM-3-7), with 2 single car garages & 5 parking spaces! 15,000 sf of land, in total! Value add property with room to increase rents, RUBS and convert 2 garages to studio/ADU or develop and take advantage of the zoning (Complete Communities Zone Density). Location! block+ to the waterfront, America's Cup Harbor, Yacht clubs, Marinas, Shelter Island and Liberty Station. Just a short drive to airport, downtown, Convention Center....easy access to freeways! Properties like this rarely trade...

Listing description from the February 2024 sale, as reported to CRMLS.

Sale history

$5,300,000
Sold February 2024 · listed $5,595,000, on market October 2023 · MLS #230020146SD · Source: CRMLS
Listing Agent: Robert Rodrigues · Listing Office: Real Properties Group · Contact: 619-223-2244 · Bought with: Robert Rodrigues · Real Properties Group
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