1318 S Pacific St - Apartments FOR SALE


Oceanside, CA 92054- Downtown Oceanside
$2,900,000 USD
619-309-9296
1318 S Pacific St, Oceanside, CA for Sale
$2,900,000 USD
Apartments - FOR SALE
1/12
null | 4% Cap Rate

1318 S Pacific St
Oceanside, CA 92054
Downtown Oceanside


OVERVIEW

Extraordinary Coastal Investment Opportunity in Oceanside, CA South Coast Commercial Inc. is proud to present an exceptional coastal investment opportunity in Oceanside, California. This six-unit one-bedroom one-bath apartment building, located just steps from the sand, represents one of the premier options for coastal multifamily investments in Southern California. Property Highlights This meticulously maintained property has been tastefully upgraded throughout the years, reflecting pride of ownership and careful management. The building operates with exceptional efficiency, boasting low expense-to-income ratios that position it as an outstanding opportunity to maximize your return on investment. Features & Amenities The property offers convenient front parking for residents, along with alley access that provides additional flexibility. Residents enjoy private outdoor spaces with both deck and balcony areas, enhancing the coastal living experience. Value-Add Opportunity The property includes two garage spaces that present a significant value-add opportunity, offering potential for additional income or amenity enhancement. Investment Summary With its prime beachside location, efficient operations, and strong income performance, this asset stands out as a fantastic opportunity in the competitive Southern California coastal market. The combination of location, condition, and operational excellence makes this property a rare find for the discerning investor. For detailed financials and property information, contact us today to receive the latest Offering Memorandum.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$781 USD /SF

# OF UNITS

6

PRICE/UNIT

$483,333

CAP RATE

4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

RT, Oceanside

APN/PARCEL ID

152-143-06

ASK ABOUT THIS PROPERTY

Kevin HemstreetSouth Coast Commercial, Inc.More Info
619-309-9296

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Kevin HemstreetSouth Coast Commercial, Inc.More Info
619-309-9296

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.