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$4,699,000
Est. payment /mo
7,239 Sqft Lot
UPDATED:
01/14/2025 02:45 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Oceanside
MLS Listing ID 250001021SD
HOA Y/N No
Year Built 2000
Lot Size 7,239 Sqft
Property Description
Plug and Play "Mini Hotel" operation for future buyer! 3 units w/ Ocean Views. Steps to the beach. 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 $550k. Owner has approval pending for an additional stand alone 5th unit (2 story, 2/2 with garage, 1400 sf). STR cap rate 10% with upside to build additional unit as STR. Owner-occ/hosted permits NO PROBLEM. 30 day+ rentals very viable. Non-hosted STR permits still being issued.
Location
State CA
County San Diego
Area 92054 - Oceanside
Building/Complex Name NA
Interior
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 1503510700
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Kimberlee Simmons • Fathom Realty Group, Inc