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$ 3,595,000
Est. payment /mo
New
123 S Nevada Oceanside, CA 92054
13 Beds
8 Baths
6,028 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 6,028 sqft
Price per Sqft $596
MLS Listing ID 260017683
Bedrooms 13
Full Baths 8
Lot Size 7,152 Sqft
Property Sub-Type Com-Res Income
Property Description
Pleased to present Avalon By-The-Sea, an 8-unit multifamily investment opportunity located in the heart of Downtown Oceanside's Townsite neighborhood. Situated on a 7,152 SF parcel and improved with a 6,028 SF two-story apartment building, the property features a balanced mix of 5 two-bedroom units and 3 one-bedroom units. Well-maintained interiors and a master-metered utility system with partial RUBS reimbursement already in place provide investors with an attractive combination of stable in-place income and operational upside. Four highly desirable two-car garages offer the residents off street parking and could also provide a new a new owner with a value add opportunity by converting some or all of the garages to ADUs. Residences feature luxury vinyl plank flooring, upgraded appliances with dishwashers, vinyl windows, forced-air heating, and dual-sink vanities in the two-bedroom units. Additional amenities include a community laundry room with seller owned equipment and a master-metered utility system with an already implemented RUBS program for utility cost recovery. The property also benefits from four two-car garages, a highly sought-after amenity in a coastal neighborhood where off-street parking remains limited.
Location
State CA
County San Diego
Community Other/Remarks
Area Coastal North
Interior
Heating Central Forced Air Elec
Flooring Vinyl
Fireplace No
Laundry Owned
Exterior
Parking Features Garages
View Y/N No
Roof Type Composition
Building
Dwelling Type Apartment
Story 2
Others
Senior Community No
Tax ID 147-199-04-00
Acceptable Financing Cash, Cash to New Loan, Exchange Up
Listing Terms Cash, Cash to New Loan, Exchange Up
Listed by Gary Kaufman, DRE#01816761 South Coast Commercial, Inc.