Offered for sale is a premier residential multifamily investment in the vibrant downtown coastal community of Oceanside, California. This turn-key property features a highly desirable beach-close location and an attractive unit mix consisting primarily of spacious two-bedroom townhouse-style units, many with private garages. The property has undergone a complete high-end renovation, including new luxury vinyl plank flooring throughout, stunning quartz countertops, designer cabinetry, fully updated bathrooms, and fresh interior and exterior paint. Now fully stabilized at 100% occupancy with strong performing rents, this asset is in pristine condition—eliminating immediate capex needs and positioning it as a low-maintenance, high appeal investment. The exceptional coastal location, premium renovations, desirable unit mix, and stable cash flow combine to make this a standout opportunity in a thriving market. The El Jugador Townhomes boast an outstanding "Walker's Paradise" rating with a Walk Score of 92. Residents enjoy a short four-block stroll to the Oceanside Transit Center, providing convenient bus service to nearby communities; Sprinter Rail to Escondido (including CSU San Marcos); Coaster service to downtown San Diego; and Amtrak connections to Orange County and Los Angeles. Downtown Oceanside—offering an array of dining, shopping, and nightlife—is easily walkable, making it a popular destination for millennials. The wide sandy beaches, iconic pier, and harbor are just six blocks away, accessible on foot or by bike.
For sale
Price cut: $250K (8/12)
$9,250,000
221 S Nevada St, Oceanside, CA 92054
31beds
13,660sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$677/sqft
$-- HOA
What's special
Wide sandy beachesExceptional coastal locationIconic pierBeach-close locationStunning quartz countertopsFully updated bathroomsDesigner cabinetry
- 134 days
- 278
- 21
Zillow last checked:
Listing updated:
Listed by:
Ray Adams DRE #00989238 619-884-5456,
Ray Adams Investment Real Estate Inc
Source: SDMLS,MLS#: 260011744
Originating MLS: SDMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 31
- Bathrooms: 28
- Full bathrooms: 16
- 1/2 bathrooms: 12
Interior area
- Total structure area: 13,660
- Total interior livable area: 13,660 sqft
Video & virtual tour
Property
Features
- Stories: 2
Details
- Parcel number: 1500532400
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & HOA
Community
- Features: None
Location
- Region: Oceanside
Financial & listing details
- Price per square foot: $677/sqft
- Date on market: 5/14/2026
- Total actual rent: 53185
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $9,250,000-2.6%$677/sqft |
Source: | ||
| 5/14/2026 | Listed for sale | $9,500,000+79.2%$695/sqft |
Source: | ||
| 12/4/2024 | Sold | $5,300,000$388/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment

