616 N Nevada offers an opportunity to own a well-maintained four-unit investment in coastal Oceanside, approximately eight blocks from the beach and minutes from Downtown Oceanside. The property consists of three 2BD/1BA units and one 1BD/1BA unit, plus an extra laundry room providing additional income. The units have been extensively updated and maintained under current ownership, offering a more turnkey entry into multifamily ownership. With four rental units in one property, a desirable coastal location, and owner-occupant potential, 616 N Nevada is well suited for an investor looking to step up from a single rental, a 1031 exchange buyer, or an owner-user looking to offset housing costs with rental income.
For sale
$2,290,000
616 N Nevada St, Oceanside, CA 92054
7beds
--sqft
Multi Family
Built in 1946
-- sqft lot
$2,235,500 Zestimate®
$--/sqft
$-- HOA
What's special
- 12 days
- 334
- 28
Zillow last checked:
Listing updated:
Listed by:
Jay Li DRE #01891561 858-408-5065,
Li & Associates Real Estate Service Inc.
Source: SDMLS,MLS#: 260020101
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Cooling
- N/K
Interior area
- Total structure area: 2,827
Video & virtual tour
Property
Features
- Levels: Other/Remarks
- Fencing: N/K
Lot
- Size: 4,791 Square Feet
Details
- Parcel number: 1470531000
- Zoning: R-3:RESTRI
- Zoning description: R-3:RESTRI
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1946
Community & HOA
Community
- Security: N/K
- Subdivision: OCEANSIDE
Location
- Region: Oceanside
Financial & listing details
- Tax assessed value: $1,358,451
- Date on market: 8/16/2026
- Listing terms: Other/Remarks
- Tenant pays: N/K
Estimated market value
$2,235,500
$2.12M - $2.35M
$4,464/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Listed for sale | $2,290,000+82.5% |
Source:  SDMLS #260020101 Report a problem | ||
| 12/27/2024 | Listing removed | $3,600 |
Source: Zillow Rentals Report a problem | ||
| 12/4/2024 | Listed for rent | $3,600 |
Source: Zillow Rentals Report a problem | ||
| 11/29/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/11/2023 | Price change | $3,600-1.4% |
Source: Zillow Rentals Report a problem | ||
| 11/4/2023 | Listed for rent | $3,650 |
Source: Zillow Rentals Report a problem | ||
| 5/23/2022 | Sold | $1,255,000-10% |
Source: Public Record Report a problem | ||
| 8/17/2020 | Listing removed | $1,395,000 |
Source: South Coast Commercial, Inc. #200034037 Report a problem | ||
| 7/20/2020 | Listed for sale | $1,395,000+136% |
Source: South Coast Commercial, Inc. #200034037 Report a problem | ||
| 5/14/2008 | Sold | $591,000+2.6% |
Source: Public Record Report a problem | ||
| 12/11/2007 | Sold | $576,000-21.6% |
Source: Public Record Report a problem | ||
| 1/4/2005 | Sold | $735,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,358,451 +2% |
| 2025 | $14,980 +1.9% | $1,331,815 +2% |
| 2024 | $14,694 +3.2% | $1,305,702 +2% |
| 2023 | $14,242 +60.8% | $1,280,100 +62.1% |
| 2022 | $8,857 +7.5% | $789,487 +10.1% |
| 2021 | $8,241 +3.2% | $717,145 +1% |
| 2020 | $7,987 +4.1% | $709,793 +2% |
| 2019 | $7,671 0% | $695,877 +2% |
| 2018 | $7,674 +1.9% | $682,233 +2% |
| 2017 | $7,534 +20.8% | $668,857 +19.4% |
| 2016 | $6,237 +11.3% | $560,000 +9.8% |
| 2015 | $5,606 +15.4% | $510,000 +13.3% |
| 2014 | $4,860 | $450,000 +12.5% |
| 2013 | -- | $400,000 -25% |
| 2012 | -- | $533,000 -7.3% |
| 2011 | -- | $575,000 |
| 2010 | -- | $575,000 -4.6% |
| 2009 | -- | $602,820 +3% |
| 2008 | -- | $585,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Townsite
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