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Tamra Frost

[email protected] +1(619) 890-7688

$3,595,000

Est. payment - /mo

13 Beds

8 Baths

6,028 SqFt

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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

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Listed by Gary Kaufman, DRE#01816761 South Coast Commercial, Inc.

Nearby School & Business

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Tamra Frost

+1(619) 890-7688

Agent | CA BRE #01870290

Agent CA BRE #01870290

San Diego Communities

123 S Nevada Oceanside, CA 92054

Tamra Frost

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information