1026 Pacific St, Oceanside, CA 92054
  • MLS#: 250034827SD ( Commercial/Residential )
  • Street Address: 1026 Pacific St
  • Viewed: 5
  • Price: $6,250,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 75
  • Additional Information
  • County: SAN DIEGO
  • City: Oceanside
  • Zipcode: 92054
  • Provided by: Marcus & Millichap
  • Contact: Austin Austin
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    We are pleased to present 10261036 S Pacific Street, an 11 unit apartment complex located in the highly desirable coastal neighborhood of Oceanside. The property features nine (9) 1 bedroom/ 1 bathroom units, two (2) 2 bedroom/ 1 bathroom units, and eleven (11) single car garages, totaling approximately 6,575 rentable square feet. Each of the two buildings sits on its own parcel with separate utility metering, offering investors flexibility for future financing or partial sale strategies. With Oceanside rents increasing 10.8% year over year and vacancy rates at a historic low of 2.0%, this asset presents a compelling value add opportunity through interior and exterior renovations. Located just 300 feet from the beach, the property is ideally positioned near major employers along the 78 Corridor including ViaSat, Genentech & Ionis Pharmaceuticals & benefits from consistent housing demand driven by nearby Camp Pendleton. Residents enjoy a vibrant coastal lifestyle with walkable access to beaches, restaurants, cafes, boutique shopping, and public transit options including Amtrak, Metrolink, and COASTER. This is a rare chance to acquire a well located, income producing asset in one of San Diego Countys most dynamic and rapidly growing rental markets. The property is fully occupied and no showings are available at this time. Property is fully occupied, please do not disturb the tenants. No showings at this time.
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Features
Country
  1. US
Parcel Number
  1. 1520710400
Property Type
  1. Commercial/Residential
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/250034827