Walker & Dunlop is pleased to present Stone Arbor, an 88-unit coastal community, located in the rapidly growing submarket of Oceanside, California. This rare garden-style property, built in 1977, underwent a full Class A renovation from 2021–2023, with all units upgraded to a consistent, high-end finish. Additional upside remains through the ability to add in unit washers and dryers, mini split A/C units, and property managed WiFi, where comparable properties are achieving premiums of $275+ over Stone Arbor’s in-place rents. Just 10 minutes from the beach and ideally positioned near CA-76, CA-78 and I-5, the property offers seamless access to key employment hubs, including Carlsbad, Vista, San Marcos, and Escondido. The asset is uniquely positioned in one of Southern California’s most supply-constrained and sought-after coastal markets. Oceanside has seen just four new multifamily deliveries in the last 20 years, with only one project currently under construction. Additionally, only two market-rate multifamily properties (75+ units) have traded north of CA-76 in the past 20 years — and none within a three-mile radius in the last three years. As the largest city along the 78 Corridor, Oceanside benefits from a population of over 175,000, Camp Pendleton’s 68,000-person daytime presence, and an expanding life sciences employment base—supported by workforce training from MiraCosta College. With proven renovation execution, strong demand drivers, and limited new supply, Stone Arbor offers a rare opportunity to invest in one of North County San Diego’s fastest-growing markets.