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Value-Add // Seller Financing Available 901 S Tremont St 5 Unit Apartment Building $3,578,323 CAD ($715,665 CAD/Unit) 3.41% Cap Rate Oceanside, CA 92054
INVESTMENT HIGHLIGHTS
- Fantastic Coastal Real Estate West of S Coast Hwy
- High Income / Low Maintenance Prop
- Solar Panels
- Strong Unit Mix: (1) 2Bed/1Bath; (3) 1Bed/1Bath; (1) Studio
- Onsite Laundry & Private Yards
- 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) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| 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 - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,578,323 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $715,665 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 3.41% | Building Size | 3,520 SF |
| Gross Rent Multiplier | 17.59 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Zoning | R-3 - Residential | ||
| Price | $3,578,323 CAD |
| Price Per Unit | $715,665 CAD |
| Sale Type | Investment |
| Cap Rate | 3.41% |
| Gross Rent Multiplier | 17.59 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 3,520 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R-3 - Residential |
AMENITIES
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $3,445 CAD | 723 |
| 2+1 | 1 | $3,654 CAD | 900 |
| Studios | 1 | $2,965 CAD | 450 |
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $611,266 CAD (2025) | |
| Land Assessment | $665,352 CAD (2025) | Total Assessment | $1,276,619 CAD (2025) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$665,352 CAD (2025)
Improvements Assessment
$611,266 CAD (2025)
Total Assessment
$1,276,619 CAD (2025)
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Value-Add // Seller Financing Available | 901 S Tremont St
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