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12 Cottage Style Units + 14,542sf Lot 930-936 S Pacific St 12 Unit Apartment Building $5,995,000 ($499,583/Unit) Oceanside, CA 92054
Investment Highlights
- Irreplaceable Coastal Real Estate in Coastal Oceanside
- Cottage Style Units with Private Yards, Patios, and Onsite Laundry Facility
- Value-Add Opportunity w/ 57% Upside in Rental Income
- Massive 14,542sf lot for ADU’s or for Development (RT Zoning)
- Unit Mix: (1) 2Bdrm Unit + (4) 1Bdrm Units + (7) Studios
- Across the Street from the Sand & Walkable to Everything Downtown Oceanside Has to Offer
Executive Summary
Located in Coastal Oceanside, one of North County San Diego’s most desirable submarkets, the cottage-style apartment homes on S Pacific presents an investor with an amazing opportunity. The property is situated on a large 14,542sf parcel, and consists of one (1) 2Bedroom / 1Bathroom Unit, four (4) 1Bedroom / 1Bathroom Units, and seven (7) Studio Units.
This 12-Unit apartment complex located across the street from the sand offers multiple value-add strategies. With ample space for ADU’s, attractive RT zoning for future development, and 57% upside in rental income, this asset is perfect for a buyer looking for a premium coastal
multifamily asset with substantial upside in an outstanding location.
This 12-Unit apartment complex located across the street from the sand offers multiple value-add strategies. With ample space for ADU’s, attractive RT zoning for future development, and 57% upside in rental income, this asset is perfect for a buyer looking for a premium coastal
multifamily asset with substantial upside in an outstanding location.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,995,000 | Building Class | C |
| Price Per Unit | $499,583 | Lot Size | 0.33 AC |
| Sale Type | Investment | Building Size | 4,899 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1939 |
| Apartment Style | Garden | Parking Ratio | 1.02/1,000 SF |
| Zoning | RT | ||
| Price | $5,995,000 |
| Price Per Unit | $499,583 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 4,899 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1939 |
| Parking Ratio | 1.02/1,000 SF |
| Zoning | RT |
Amenities
- Smoke Detector
Unit Amenities
- Microwave
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Window Coverings
Site Amenities
- Courtyard
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | $1,972 | 298 |
| 1+1 | 4 | $2,190 | 442 |
| 2+1 | 1 | $2,575 | 902 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Property Taxes
| Parcel Number | 150-354-06 | Improvements Assessment | $396,081 |
| Land Assessment | $355,461 | Total Assessment | $751,542 |
Property Taxes
Parcel Number
150-354-06
Land Assessment
$355,461
Improvements Assessment
$396,081
Total Assessment
$751,542
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12 Cottage Style Units + 14,542sf Lot | 930-936 S Pacific St
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