Property Detail
Description
Plug and Play operation for future buyer! Extremely rare unit mix of (2) 3 bedroom units, (1) 2 bedroom unit and (1) 1 bedroom unit. 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). STR cap rate 8% with upside to build additional unit as STR. Owner-occ/hosted permits NO PROBLEM. 30 day+ rentals very viable until STR non-hosted permits become available.
Map Location
Listing provided courtesy of Kimberlee Simmons of Fathom Realty Group, Inc. Last updated 2024-11-20 09:11:46.000000. Listing information © 2024 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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