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1318 S Pacific St 6 Unit Apartment Building $4,014,789 CAD ($669,132 CAD/Unit) 4% Cap Rate Oceanside, CA 92054
EXECUTIVE SUMMARY
Extraordinary Coastal Investment Opportunity in Oceanside, CA
South Coast Commercial Inc. is proud to present an exceptional coastal investment opportunity in Oceanside, California. This six-unit one-bedroom one-bath apartment building, located just steps from the sand, represents one of the premier options for coastal multifamily investments in Southern California.
Property Highlights
This meticulously maintained property has been tastefully upgraded throughout the years, reflecting pride of ownership and careful management. The building operates with exceptional efficiency, boasting low expense-to-income ratios that position it as an outstanding opportunity to maximize your return on investment.
Features & Amenities
The property offers convenient front parking for residents, along with alley access that provides additional flexibility. Residents enjoy private outdoor spaces with both deck and balcony areas, enhancing the coastal living experience.
Value-Add Opportunity
The property includes two garage spaces that present a significant value-add opportunity, offering potential for additional income or amenity enhancement.
Investment Summary
With its prime beachside location, efficient operations, and strong income performance, this asset stands out as a fantastic opportunity in the competitive Southern California coastal market. The combination of location, condition, and operational excellence makes this property a rare find for the discerning investor.
For detailed financials and property information, contact us today to receive the latest Offering Memorandum.
South Coast Commercial Inc. is proud to present an exceptional coastal investment opportunity in Oceanside, California. This six-unit one-bedroom one-bath apartment building, located just steps from the sand, represents one of the premier options for coastal multifamily investments in Southern California.
Property Highlights
This meticulously maintained property has been tastefully upgraded throughout the years, reflecting pride of ownership and careful management. The building operates with exceptional efficiency, boasting low expense-to-income ratios that position it as an outstanding opportunity to maximize your return on investment.
Features & Amenities
The property offers convenient front parking for residents, along with alley access that provides additional flexibility. Residents enjoy private outdoor spaces with both deck and balcony areas, enhancing the coastal living experience.
Value-Add Opportunity
The property includes two garage spaces that present a significant value-add opportunity, offering potential for additional income or amenity enhancement.
Investment Summary
With its prime beachside location, efficient operations, and strong income performance, this asset stands out as a fantastic opportunity in the competitive Southern California coastal market. The combination of location, condition, and operational excellence makes this property a rare find for the discerning investor.
For detailed financials and property information, contact us today to receive the latest Offering Memorandum.
PROPERTY FACTS
| Price | $4,014,789 CAD | Building Class | C |
| Price Per Unit | $669,132 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 3,715 SF |
| Cap Rate | 4% | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1960/2020 |
| Property Subtype | Apartment | Parking Ratio | 2.69/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RT, Oceanside - R-4 Potential to convert garages into ADU's | ||
| Price | $4,014,789 CAD |
| Price Per Unit | $669,132 CAD |
| Sale Type | Investment |
| Cap Rate | 4% |
| 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/Renovated | 1960/2020 |
| 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
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PROPERTY TAXES
| Parcel Number | 152-143-06 | Improvements Assessment | $346,289 CAD |
| Land Assessment | $2,542,090 CAD | Total Assessment | $2,888,379 CAD |
PROPERTY TAXES
Parcel Number
152-143-06
Land Assessment
$2,542,090 CAD
Improvements Assessment
$346,289 CAD
Total Assessment
$2,888,379 CAD
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1318 S Pacific St
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