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$4,695,000
Est. payment /mo
9 Beds
6 Baths
950 SqFt
UPDATED:
10/22/2024 04:52 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 950 sqft
Price per Sqft $4,942
Subdivision Oceanside
MLS Listing ID 240020300
Bedrooms 9
Full Baths 6
HOA Y/N No
Year Built 2000
Lot Size 7,239 Sqft
Property Description
Plug and Play operation for future buyer! Extremely rare unit mix of (2) 3 bedroom units, (1) 2 bedroom unit and (1) 1 bedroom unit. Stunning property with 4 luxury units, each offering a perfect blend of comfort, style and ocean views. Just steps away from the beach and short walk to downtown Oceanside. Each unit is impeccably maintained and beautifully furnished, creating a luxurious yet cozy atmosphere. With its prime location and appealing features, this property is a lucrative income-generating investment, attracting vacationers year round. (2) 3/2 units with private use ocean view patio's, (1) 2/1 unit with private use ocean view deck, (1) ADU 30 day+. Gross income projections over $400k. Owner has approval pending for an additional stand alone 5th unit (2 story, 2/2 with garage, 1400 sf). Long term rental cap rate 3.25%, STR cap rate 7.25% with upside to build additional unit as STR.
Location
State CA
County San Diego
Community Oceanside
Area Oceanside (92054)
Building/Complex Name NA
Interior
Cooling Central Forced Air, Wall/Window
Exterior
Exterior Feature Stucco
Fence Full
Community Features Spa/Hot Tub
Complex Features Spa/Hot Tub
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Kimberlee Simmons • Fathom Realty Group, Inc
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Coronado MLS