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Seller Financing Available-Coastal Oceanside 901 S Tremont St 5 Unit Apartment Building $2,595,000 ($519,000/Unit) 3.41% Cap Rate Oceanside, CA 92054
INVESTMENT HIGHLIGHTS
- Fantastic Coastal Real Estate West of S Coast Hwy
- High Income / Low Maintenance Property
- Private Yards
- Strong Unit Mix: (1) 2Bed/1Bath; (3) 1Bed/1Bath; (1) Studio
- Onsite Laundry
- Walking Distance to Local Shops, Restaurants, The Oceanside Pier, Downtown, and the Beach
EXECUTIVE SUMMARY
**Seller Financing is Available - Contact Agent for Details**
The Apartment Homes on S Tremont is a well-located coastal 5-unit asset in one of San Diego’s fastest growing markets. The property sits on a 4,897sf lot and consists of one (1) 2Bedroom / 1Bathroom unit, three (3) 1Bedroom / 1Bathroom units, and one (1) studio. Tenant amenities include onsite laundry, private yards, and walkability to Local Shops, Restaurants, The Oceanside Pier, Downtown, and the Beach. This coastal income property is the perfect asset for an investor looking for a low maintenance asset in a booming submarket.
The Apartment Homes on S Tremont is a well-located coastal 5-unit asset in one of San Diego’s fastest growing markets. The property sits on a 4,897sf lot and consists of one (1) 2Bedroom / 1Bathroom unit, three (3) 1Bedroom / 1Bathroom units, and one (1) studio. Tenant amenities include onsite laundry, private yards, and walkability to Local Shops, Restaurants, The Oceanside Pier, Downtown, and the Beach. This coastal income property is the perfect asset for an investor looking for a low maintenance asset in a booming submarket.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$147,540
|
$42.34
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,426
|
$1.27
|
| Effective Gross Income |
$143,114
|
$41.07
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$54,709
|
$15.70
|
| Net Operating Income |
$88,405
|
$25.37
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $147,540 |
| Annual Per SF | $42.34 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $4,426 |
| Annual Per SF | $1.27 |
| Effective Gross Income | |
|---|---|
| Annual | $143,114 |
| Annual Per SF | $41.07 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $54,709 |
| Annual Per SF | $15.70 |
| Net Operating Income | |
|---|---|
| Annual | $88,405 |
| Annual Per SF | $25.37 |
PROPERTY FACTS
| Price | $2,595,000 | Building Class | B |
| Price Per Unit | $519,000 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,485 SF |
| Cap Rate | 3.41% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Parking Ratio | 1.15/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-1 - Residential | ||
| Price | $2,595,000 |
| Price Per Unit | $519,000 |
| Sale Type | Investment |
| Cap Rate | 3.41% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 3,485 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1952 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R-1 - Residential |
AMENITIES
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $2,498 | 723 |
| 2+1 | 1 | $2,650 | 900 |
| Studios | 1 | $2,150 | 450 |
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $437,084 (2025) | |
| Land Assessment | $475,758 (2025) | Total Assessment | $912,842 (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$475,758 (2025)
Improvements Assessment
$437,084 (2025)
Total Assessment
$912,842 (2025)
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Seller Financing Available-Coastal Oceanside | 901 S Tremont St
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