925 S Pacific St

Oceanside , CA 92054

MLS#: 210025693

$6,500,000

Status: Closed
Listing number: 210025693
Listing provided by: CBRE
Listing agent phone: None
Last update: 2 years ago
On site: 4 years ago
Browse Properties
Oceanside - Residential Income

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1945

Sq.Footage

N/A

Pleased to present an extremely rare waterfront fourplex in San Diego County. This opportunity allows an investor to acquire a rare trophy asset that can provide day 1 cashflow as a short-term rental, an amazing live-in scenario with attractive residential financing, and allows a investor to acquire a property with future development potential. The property is forecasted to achieve north of a 6.21% cap rate as a short-term rental operation post renovation. RT-CZ zoning on this 9750 Sqft beach parcel allows for short-term rental operations as well as future development opportunity with significant additional square footage and up to 10 dwelling units. Building to be delivered vacant to next owner for maximum flexibility Exterior: Wood/Stucco Number of Furnished Units: 0 Topography: GSL Frontage: Ocean/Sand

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

  • View

    Ocean

Area & Lot

  • Lot Size(acres)

    0.2238

  • Property Type

    Residential Income

Price

  • Sales Price

    $6,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

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San Diego

Elementary School

Middle School

High School

Listing Courtesy of Allen Chitayat , CBRE

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Pleased to present an extremely rare waterfront fourplex in San Diego County. This opportunity allows an investor to acquire a rare trophy asset that can provide day 1 cashflow as a short-term rental, an amazing live-in scenario with attractive residential financing, and allows a investor to acquire a property with future development potential. The property is forecasted to achieve north of a 6.21% cap rate as a short-term rental operation post renovation. RT-CZ zoning on this 9750 Sqft beach parcel allows for short-term rental operations as well as future development opportunity with significant additional square footage and up to 10 dwelling units. Building to be delivered vacant to next owner for maximum flexibility Exterior: Wood/Stucco Number of Furnished Units: 0 Topography: GSL Frontage: Ocean/Sand

925 S Pacific St

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