834 S Pacific
Oceanside, CA 92054
0.17 acres | #240020300SD
Description
Plug and Play "Mini Hotel" 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. Non-hosted STR permits still being issued.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- MLS #240020300SD
- MLS #240020300SD
- Original List Price$4,999,000
- SubdivisionOceanside
- CountySan Diego
- Cost4695000
- Acres0.1662
- Year Built2000
- Stories2
Location
Legal
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Listing Courtesy
Listing Agent: Kimberlee Simmons (#SAND-659418)
Listing Office: Fathom Realty Group, Inc (#SAND-7127)
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