3065 Rosecrans Pl - Loma Starr

For Sale

3065 Rosecrans Place
San Diego, CA 92110

CAST Capital Partners is proud to present Loma Starr, a premier 23,168-square-foot multi-tenant office project located in the evolving Midway District of San Diego. Ideally positioned along Rosecrans Street at the gateway to Liberty Station, this asset offers investors and developers a rare opportunity to capitalize on one of Southern California’s most dynamic submarkets.

This two-story property, currently 66% leased (as of May 1, 2025), offers strong existing income with tremendous upside through lease-up or redevelopment. With expansive CN-1-6 zoning, the site allows for a broad range of uses, including medical office and residential development, making it an ideal candidate for repositioning in response to the area's transformation.

The Midway District is on the cusp of explosive growth, anchored by major redevelopment plans for the San Diego Sports Arena, Post Office, and NAVWAR sites. Coupled with a forthcoming community plan update, this area is rapidly emerging as a walkable, mixed-use hub offering long-term value for forward-thinking investors.

Loma Starr’s Point Loma location offers coastal convenience, proximity to major job centers such as Downtown, Mission Valley, and the San Diego International Airport, and a limited office supply environment that supports stable occupancy. The property boasts 37 underground secured parking stalls, modern building systems, and has undergone extensive capital improvements, including a new roof, upgraded ADA access, elevator, remodeled restrooms, HVAC upgrades, and LED lighting.

Investment Highlights

• Price: $8,000,000 ($345/RSF)

• Square Footage: 23,168 SF

• Occupancy: 66% (as of 5/1/25)

• Zoning: CN-1-6 (Medical Allowed)

• Parking: 37 Secured Underground Spaces

• Tenancy: Multi-tenant (20 suites)

Property Details

• RBA: 23,168 SF

• Floors: 2

• Land Area: 0.43 AC (20,038 SF)

• Year Built: 1960

• Year Renovated: 2018

• Elevator Served: Yes

• APN: 450-412-19-00

• Submarket: Point Loma / Sports Arena