Exceptional investment opportunity just 4.4 miles from the iconic Oceanside Pier and beach — a prime corner lot with sweeping city views! Well upgraded 4-unit multifamily property offers a desirable mix of one- and two-bedroom residences across two stories. One-bedroom units average 640 sq ft and two-bedroom units average 903 sq ft. The owner has invested over $200,000 in renovations throughout the years — including a newer shingle roof, newly installed all high-efficiency windows, new kitchens, and modern standing showers — reflecting true pride of ownership. Each unit has its own space in the upgraded 4-car garage with remote access, a rare and highly desirable amenity. Gas and electric utilities are separately metered per unit, minimizing owner operating expenses and maximizing net income. On-site coin-operated laundry provides a convenient tenant amenity and additional income stream. Four garage spaces are currently included with each unit — charging separately at market rate offers additional income potential. Three of four units are occupied by long-term, month-to-month tenants providing immediate income from day one. The one-bedroom unit, previously owner-occupied, is move-in ready — perfect for an owner-occupant or to lease at market rate, where two-bedroom units are commanding $2,500–$2,600/month. Easy access to vibrant downtown Oceanside, shops, restaurants, the Transit Center, and major freeways. An excellent 1031 exchange candidate — ideal for investors upgrading from a residential rental property into an income-producing multifamily and growing their portfolio tax-deferred.
16 days
|
309
|
17
|
Zillow last checked:
Listing updated:
Listed by:
Jonathan MinerickDRE #01523060888-400-2513,
Homecoin.com
Source: CRMLS,MLS#: TR26140980Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Rooms
Room types: Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Heating
Central
Cooling
None
Appliances
Included: Dishwasher, Gas Range, Gas Water Heater
Laundry: Common Area
Features
Granite Counters, Storage
Flooring: Laminate, Vinyl
Windows: Double Pane Windows, ENERGY STAR Qualified Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.