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Seller financing available. RT Zoning offering STR Investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity. 3 of the 4 units to be delivered vacant at close of escrow. Located just steps from the ocean, 902 Pacific St offers a unique and secure investment opportunity with remarkable short-term rental (STR) income potential. With RT zoning, this property allows investors to maximize income through flexible short-term rental options in Oceanside’s highly sought-after coastal zone, creating a lucrative opportunity in a fast-appreciating area. The property boasts impressive earning potential, with a projected gross annual income of $314,460 and two units already holding STR licenses. Additionally, three vacant units present an immediate value-add opportunity, allowing for upgrades that can significantly enhance rental revenue and boost the property’s long-term value. With seller financing available, this offering provides added flexibility for qualified buyers, making it accessible to a range of investors. Perfect for those looking to balance lifestyle and income, this property suits investors who want to live in one unit while renting out others to offset mortgage costs. Residents and tenants alike will enjoy the tranquility of coastal living paired with easy access to Oceanside’s vibrant amenities and employment opportunities. Oceanside is experiencing rapid development, contributing to strong rental growth and property value increases. The property’s RT zoning allows for even greater investment potential, with density and development incentives adding further appeal to this prime coastal location. With its strategic location and investment-friendly zoning, 902 Pacific St is an exceptional find in a thriving market.
Property Type(s):
Residential Income
| Last Updated | 11/6/2024 | Tract | Oceanside |
|---|---|---|---|
| Year Built | 1937 | Community | Oceanside |
| County | San Diego |
Additional Details
| AIR | None |
|---|---|
| AREA | Oceanside |
| HOA DUES | 0 |
| STORIES | 2 |
| SUBDIVISION | Oceanside |
| ZONING | RT |
Location
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Listed with Stravinsky Holdings, Inc.
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