A Generational Point Loma Investment Opportunity
1105–1145 Rosecrans Street presents an exceptionally rare opportunity to acquire a prominent multi-tenant commercial property in the heart of Point Loma Village, one of San Diego’s most established and supply-constrained coastal communities. Held within the same family ownership for more than 100 years, the property is being offered for sale for the first time, creating a truly generational acquisition opportunity.
Strategically positioned at the highly visible intersection of Rosecrans Street and Canon Street, the offering consists of three parcels totaling approximately 29,728 square feet (0.68 acres) with approximately 11,659 square feet of existing improvements. The property is occupied by a diverse mix of established neighborhood businesses and generates approximately $493,000 in scheduled annual rental and parking revenue, providing an investor with immediate in-place cash flow.
The property benefits from an irreplaceable Point Loma location along one of the peninsula’s primary commercial corridors. It is surrounded by restaurants, neighborhood retailers, marine-oriented businesses, services and affluent residential neighborhoods, while being located just blocks from San Diego Bay and the Point Loma waterfront.
Beyond its current income stream, the offering provides investors with a substantial underlying land position in coastal San Diego. The three-parcel configuration, approximately 0.68-acre site and CC-4-2 zoning provide meaningful long-term optionality, subject to applicable zoning, Coastal Overlay Zone requirements and governmental approvals.
At an asking price of $9,500,000, the property offers a compelling combination of established cash flow, significant underlying land value, a prominent corner location and long-term redevelopment potential. Opportunities to acquire nearly three-quarters of an acre in the heart of Point Loma Village are exceptionally limited, particularly properties that have remained under the same family ownership for more than a century.
This is more than the acquisition of a multi-tenant retail investment—it is the opportunity to acquire a prominent Point Loma corner, three parcels, established income and a significant piece of coastal San Diego real estate that may not be available again for generations.