930-936 S Pacific St - Apartments FOR SALE


Oceanside, CA 92054- Downtown Oceanside
$5,995,000 USD
858-247-1095
930-936 S Pacific St, Oceanside, CA for Sale
$5,995,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

930-936 S Pacific St
Oceanside, CA 92054
Downtown Oceanside


HIGHLIGHTS

  • Irreplaceable Coastal Real Estate in Coastal Oceanside
  • Massive 14,542sf lot for ADU’s or for Development (RT Zoning)
  • Cottage Style Units with Private Yards, Patios, and Onsite Laundry Facility
  • Unit Mix: (1) 2Bdrm Unit + (5) 1Bdrm Units + (6) Studios
  • Value-Add Opportunity w/ 57% Upside in Rental Income
  • Across the Street from the Sand & Walkable to Everything Downtown Oceanside Has to Offer

OVERVIEW

Located in Coastal Oceanside, one of North County San Diego’s most desirable submarkets, the cottage-style apartment homes on S Pacific presents an investor with an amazing opportunity. The property is situated on a large 14,542sf parcel, and consists of one (1) 2Bedroom / 1Bathroom Unit, five (5) 1Bedroom / 1Bathroom Units, and six (6) Studio Units. This 12-Unit apartment complex located across the street from the sand offers multiple value-add strategies. With ample space for ADU’s, attractive RT zoning for future development, and 57% upside in rental income, this asset is perfect for a buyer looking for a premium coastal multifamily asset with substantial upside in an outstanding location.

FOR SALE DETAILS

PRICE

$5,995,000 USD

PRICE/SF

$1,094 USD /SF

# OF UNITS

12

PRICE/UNIT

$499,583

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

12 Cottage Style Units + 14,542sf Lot

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1939

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,542 SF

ZONING

RT

APN/PARCEL ID

150-354-06

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.