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834 S Pacific

Oceanside, CA 92054
  • $4,850,000
  • STATUS: ACTIVE
  • ON SITE: 48 Days
  • ID#: 240020300
UPDATED: 44 min ago
$4,850,000
  • 9
    BEDS
  • 0.17
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,240
    SQFT
  • $1,497
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2000
County:

School Ratings & Info

Description

Plug and Play operation for future buyer! 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.forsalesandiego.com/homes/154220177
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834 S Pacific Oceanside, CA 92054

  • Price: $4,850,000
  • Status: ACTIVE
  • On Site: 48 Days
  • Updated: 44 min ago
  • ID#: 240020300
9
Beds
6
Baths
0
½ Baths
0.17
Acres
3,240
SQFT
$1,497
$/SQFT
2000
Built
Neighborhood:
Pacific St
County:
San Diego
Area:
Oceanside (92054)
Property Description
Plug and Play operation for future buyer! 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.
Exterior Features

Exterior Stucco Fencing Full Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 4

Interior Features

Cooling Central Forced AirWall/Window Furnished Units 4 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 4 Units With Dishwashers 4 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4

Property Features

Actual Cap Rate 7.03 Age Restrictions N/K Annual Expense Actual 83000 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community OCEANSIDE Complex Features Spa/Hot Tub Complex Park NA Cross Streets Hayes Gross Rent Multiplier Actual 11.5 Gross Scheduled Income Actual 434000 Gross Scheduled Income Project 434000 Mandatory Remarks None Known Market Area Coastal North Monthly Total Fees 0 Net Operating Income Projected 351000 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays N/K Terms CashConventional Unit Number For Unit1 Unit A Unit Number For Unit2 Unit B Unit Number For Unit3 Unit C Unit Number4 Unit D Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Rent Actual 0.0 Unit4 Deposit 2900 Unit4 Occupied Vacant Unit4 Projected Rent 3100 Unit4 Rent Actual 0.0 Vacation Rental By Owner Yes

San Diego MLS logo Listing provided courtesy of Kimberlee Simmons of Fathom Realty Group, Inc: 760-212-4960. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106