902 Pacific St, Oceanside, CA 92054
  • MLS#: 240026159SD ( )
  • Street Address: 902 Pacific St
  • Viewed: 2
  • Price: $2,699,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1937
  • Bldg sqft: 0
  • Days On Market: 10
  • Additional Information
  • County: SAN DIEGO
  • City: Oceanside
  • Zipcode: 92054
  • Subdivision: Oceanside
  • Provided by: Stravinsky Holdings, Inc.
  • Contact: Joseph Joseph
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Seller financing available. RT Zoning offering STR Investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity. Located just steps from the ocean, 902 Pacific St offers a unique and secure investment opportunity with remarkable short term rental (STR) income potential. With RT zoning, this property allows investors to maximize income through flexible short term rental options in Oceansides highly sought after coastal zone, creating a lucrative opportunity in a fast appreciating area. The property boasts impressive earning potential, with a projected gross annual income of $314,460 and two units already holding STR licenses. Additionally, three units present an immediate value add opportunity, allowing for upgrades that can significantly enhance rental revenue and boost the propertys long term value. With seller financing available, this offering provides added flexibility for qualified buyers, making it accessible to a range of investors. Perfect for those looking to balance lifestyle and income, this property suits investors who want to live in one unit while renting out others to offset mortgage costs. Residents and tenants alike will enjoy the tranquility of coastal living paired with easy access to Oceansides vibrant amenities and employment opportunities. Oceanside is experiencing rapid development, contributing to strong rental growth and property value increases. The propertys RT zoning allows for even greater investment potential, with density and development incentives adding further appeal to this prime coastal location. With its strategic location and investment friendly zoning, 902 Pacific St is an exceptional find in a thriving market.
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Features
Association Fee
  1. 0.00
Cooling
  1. None
Country
  1. US
Fencing
  1. Partial
Levels
  1. Two
Netoperatingincome
  1. 117720.00
Parcel Number
  1. 1503540100
Park Name
  1. none
Roof
  1. Composition
Sourcesystemkey
  1. 240026159:SDP
Subdivision Name Other
  1. Oceanside
Tenant Pays
  1. Electricity
  2. Gas
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/240026159
Year Built
  1. 1937
Zoning
  1. RT