This Multifamily Property is no longer advertised on LoopNet.com.

1318 S Pacific St
Oceanside, CA 92054
Multifamily Property For Sale · 6 Units

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.09 AC
Building Size 3,715 SF
Average Occupancy 100%
No. Stories 2
Year Built 1960
Parking Ratio 2.69/1,000 SF
Zoning RT, Oceanside - R-4 Potential to convert garages into ADU's

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Laundry Facilities
  • Tenant Controlled HVAC
  • Smoke Detector

About 1318 S PACIFIC ST , OCEANSIDE, CA 92054

Offered for sale is a quality six unit residential property located at the beach. This opportunity offers convenient beach access, ocean views, premiere location, garage and uncovered parking, attractive income potential, and a favorable assumable loan. The property consists of six one-bedroom units and two two-car garages. The downstairs units include a private patio area and the upstairs units enjoy a common balcony. Most of the units have been upgraded with designer kitchens and bathrooms. The current rental rates are low compared to other coastal rental units. With effective marketing the current rental income can be increased. Or, substantially increase the income by offering units as vacation weekly rentals. Finally, there is an existing assumable first loan on the property at 3.42%. Also, offered 7 units at 1312 S. Pacific St. Please drive by the property discreetly without disturbing the residents or management. Property can be shown with an acceptable offer.

Property Taxes

Property Taxes

Parcel Number
152-143-06
Land Assessment
$1,874,344
Improvements Assessment
$255,327
Total Assessment
$2,129,671
  • Listing ID: 6334272

  • Date on Market: 3/17/2017

  • Last Updated:

  • Address: 1318 S Pacific St, Oceanside, CA 92054

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