920 S Pacific St - Apartments FOR SALE


Oceanside, CA 92054- Downtown Oceanside
$5,495,000 USD
858-247-1095
920 S Pacific St, Oceanside, CA for Sale
$5,495,000 USD
Apartments - FOR SALE
1/8
null | 2.82% Cap Rate

920 S Pacific St
Oceanside, CA 92054
Downtown Oceanside


HIGHLIGHTS

  • Irreplaceable Coastal Real Estate Near the Oceanside Pier
  • Across the Street from the Sand w/ Ocean Views
  • Strong Unit Mix: (4) 2Bedroom Units; (6) 1Bedroom Units
  • Value Add Opportunity w/ 46% Upside in Rental Income
  • Each Unit Has Private Patio
  • Pride of Ownership Property / Legacy Asset

OVERVIEW

West of S Coast Hwy 101 and across the street from the sand, this 10-Unit multifamily property is truly unique offering prime coastal real estate, ocean views, and 46% upside in rental income. The property consists of four (4) 2Bedroom / 1Bathroom units, and six (6) 1Bedroom / 1Bathroom units and is situated on a 7,417sf lot. Tenants are just a short walk across the street to sand, and are nearby downtown shops and restaurants, the Oceanside Pier, and the Mission Pacific Hotel / Seabird Ocean Resort. Don’t miss the opportunity to acquire this incredible value-add community in one of San Diego’s most sought after coastal markets.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$1,062 USD /SF

# OF UNITS

10

PRICE/UNIT

$549,500

CAP RATE

2.82%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ocean Views + Value Add Opportunity

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,417 SF

ZONING

RT

APN/PARCEL ID

150-354-05

ASK ABOUT THIS PROPERTY

Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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Angelo La BrunaApartment Realty Group (ARG)More Info
858-247-1095

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