$6,250,000
$6,595,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/19/2024
Key Details
Sold Price $6,250,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240020414
Sold Date 11/19/24
Property Description
14-unit Coastal apartment complex in Oceanside w/ Ocean Views. The property is situated on a 9,437sf lot and consists of ten (10) 1Bed / 1Bath units, one (2) 2Bed / 1Bath, and two (2) Studios. With 27% upside in rents, this asset is primed for a reposition to capture market rents. Two blocks to the brand new hotels (Seabird Resort & Mission Pacific Hotel), and three blocks to the Oceanside Pier; this 14-Unit complex is primed for growth in one of San Diego’s fastest growing submarkets. Brand New Roof. 14th Unit (rooftop studio) can be permitted; however is currently nonconforming.
Location
State CA
County San Diego
Area Oceanside (92054)
Building
Story 2
Others
Space Rent $371,868
Financing Cash
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Bought with Brian Nelson • South Coast Commercial Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "