The Flats 1931 S Coast Hwy 20 Unit Apartment Building $20,589,821 CAD ($1,029,491 CAD/Unit) 4.50% Cap Rate Oceanside, CA 92054

CBRE is pleased to offer for sale The Flats, a newly constructed (2024) best-in-class multifamily and retail investment opportunity situated in the highly desirable beach community of South Oceanside. This boutique-style property features 18 exquisitely designed residences and 2,785 square feet of upscale street front retail, offering a unique blend of the highest quality residential living and retail experience in a premier coastal market. The Flats is poised to capitalize on the strong demand for upscale living and retail experience catering to an affluent professional tenant base seeking a sophisticated coastal lifestyle within this sought-after San Diego County coastal enclave.
The Flats present a rare opportunity to acquire a trophy asset in a prime coastal location, offering investors immediate strong in-place income and significant long-term appreciation potential. The newly constructed nature of the property minimizes near-term capital expenditure, while the luxury positioning and high-quality finishes and
amenities cater to a stable and affluent tenant base. With its optimal unit mix, strategic retail component, and location in a consistently appreciating market, The Flats
represents an ideal investment for those seeking long-term value and stable returns in one of San Diego County’s most desirable beach communities.