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

Property Facts
| No. Units | 6 | Building Size | 3,715 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 2.69/1,000 SF |
| Lot Size | 0.09 AC | ||
| Zoning | RT, Oceanside - R-4 Potential to convert garages into ADU's | ||
| 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
| Parcel Number | 152-143-06 | Improvements Assessment | $255,327 |
| Land Assessment | $1,874,344 | Total Assessment | $2,129,671 |
Property Taxes
Listing ID: 6334272
Date on Market: 3/17/2017
Last Updated:
Address: 1318 S Pacific St, Oceanside, CA 92054
The Downtown Oceanside Multifamily Property at 1318 S Pacific St, Oceanside, CA 92054 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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