Active
1610 S Pacific Street
Oceanside CA, 92054
$4,850,000
$1,043.46 per sqft
Active
10 Beds
11 Baths
4,648 sqft
Residential
Built in 1953
Listed by Janet Neman with Kidder Mathews of California, Inc. 858-509-1200
An extraordinary 10- unit multifamily property located across the street from Buccaneer Beach in Oceanside, California. The property is positioned in an irreplaceable location on a coastal bluff with 120 ft of ocean view frontage and features sweeping ocean views. SELLER FINANCING IS AVAILABLE. 1610 S Pacific presents the opportunity for an investor to enter a high-demand rental market with the potential to add value through a system renovation program. Originally constructed in 1953, the property features a unit mix of (9) 1+1 and (1) 1+2 units. Over the years, select unit interiors and the exterior have been continuously improved and several major building systems have been replaced. A future investor could complete a deeper renovation with additional amenities such as in-unit washer and dryers and raise rents significantly. There is also potential to convert the attached garage and laundry room to an accessory dwelling unit, thereby increasing the income and number of units for a new owner. (Buyer to confirm ADU potential). The Property is positioned in one of the most sought-after and rapidly developing communities in San Diego. Tenants are in the heart of Oceanside and nearby an array of community amenities, acclaimed restaurants, coffee shops, fitness studios and entertainment venues. Further, the property is walkable to the nearest light rail station, which is served by the NCTD Sprinter and connects riders from Oceanside to Downtown San Diego and beyond. Oceanside is experiencing increased growth and vitality with new businesses, resorts and restaurants opening in the immediate area. 1610 S Pacific provides investors with the opportunity to acquire a well-maintained asset with significant upside potential.
24352879
MLSⓇ ID
January 29, 2024
Listed
September 19, 2024
Updated
Map
1610 S Pacific Street
Oceanside CA, 92054
Interior Features
Total Stories
2
Bedrooms
10
Total Bathrooms
11
Appliances
Refrigerator
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Heating Description
None
Exterior/Building Features
Lot Size
0.27 Acres
Other Property Details
Area Name
92054 - Oceanside
Days on Market
35
Garage
No
Parking Total
10
View
No
County
San Diego
Pool
No
Zoning
RT
Listing Contact: 858-369-3010
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/19/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 9/19/2024 at 7:42 PM UTC