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Plug and Play operation for future buyer! Extremely rare unit mix of (2) 3 bedroom units, (1) 2 bedroom unit and (1) 1 bedroom unit. Stunning property with 4 luxury units, each offering a perfect blend of comfort, style and ocean views. Just steps away from the beach and short walk to downtown Oceanside. Each unit is impeccably maintained and beautifully furnished, creating a luxurious yet cozy atmosphere. With its prime location and appealing features, this property is a lucrative income-generating investment, attracting vacationers year round. (2) 3/2 units with private use ocean view patio's, (1) 2/1 unit with private use ocean view deck, (1) ADU 30 day+. Gross income projections over $400k. Owner has approval pending for an additional stand alone 5th unit (2 story, 2/2 with garage, 1400 sf). STR cap rate 8% with upside to build additional unit as STR. Owner-occ/hosted permits NO PROBLEM. 30 day+ rentals very viable until STR non-hosted permits become available.
Property Type(s):
Residential Income
| Last Updated | 10/22/2024 | Tract | Oceanside |
|---|---|---|---|
| Year Built | 2000 | Community | Oceanside |
| County | San Diego |
Price History
| Prior to Sep 24, '24 | $4,999,000 |
|---|---|
| Sep 24, '24 - Oct 22, '24 | $4,850,000 |
| Oct 22, '24 - Today | $4,695,000 |
Additional Details
| AIR | Central Air, Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Oceanside |
| HOA DUES | 0 |
| LOT | 7239 sq ft |
| STORIES | 2 |
| SUBDIVISION | Oceanside |
Location
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Listed with Fathom Realty Group, Inc
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