151 S Myers

Oceanside,CA 92054

$ 6250000

$ 6595000 5.2%

- Bed

- Bath

- SqFt


Key Details

Sold Price $6,250,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240020414

Sold Date

Property Description

14-unit Coastal apartment complex in Oceanside w/ Ocean Views. The property is situated on a 9,437sf lot and consists of ten (10) 1Bed / 1Bath units, one (2) 2Bed / 1Bath, and two (2) Studios. With 27% upside in rents, this asset is primed for a reposition to capture market rents. Two blocks to the brand new hotels (Seabird Resort & Mission Pacific Hotel), and three blocks to the Oceanside Pier; this 14-Unit complex is primed for growth in one of San Diego’s fastest growing submarkets. Brand New Roof. 14th Unit (rooftop studio) can be permitted; however is currently nonconforming.

Location

State CA

County San Diego

Area Oceanside (92054)

Building

Story 2

Others

Space Rent $371,868

Financing Cash

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