$2,195,000
$200K PRICE DROP

Estimated payment $13,752/month

Total Views 3,621
9 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Prime Oceanside Investment Opportunity – This 6-unit apartment complex is ideally located west of the 5 Freeway and less than one mile from the beach, offering walkable access to Oceanside’s vibrant coastal lifestyle. The property features a grassy front yard, community laundry, and a total of five garage spaces, including two 2-car garages and one single-car garage. With significant upside potential through interior renovations, there’s ample room to increase rents and enhance overall performance. Strong tenant demand and ongoing area development make this a compelling value-add asset for investors seeking both long-term appreciation and immediate gains through strategic upgrades. Don’t miss this rare chance to own in one of Southern California’s most desirable coastal markets.

Listing Agent

Daren Preece

Compass License #02045030 Listed on: 05/28/2025

Compass

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,808 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence

Parking

  • 4 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 9 Bedrooms
  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • 6 Units
  • 5 Leased Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • Community Features: None
  • CapRate: 2.3
  • Co List Office Mls Id: 8355
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-09-24T15:28:08Z
  • FullAddress: 109 S Horne St
  • NumofLeasedApartments: 5
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 9
  • Flooring: Slab

Exterior Features

  • Roof: Composition
  • Construction Type: Auto Front Sprinklers, Part Fenced, Part Landscaped, Wood Fence

Garage/Parking

  • Parking Features: Garages, Other/Remarks
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall/Window
  • Heating: Other/Remarks
  • Laundry Features: Owned

Lot Info

  • Zoning: R-3:RESTRI
  • Lot Size Sq Ft: 4808.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 6
  • Total Actual Rent: 9068.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Price Changed $2,195,000 -8.4% --
05/28/2025 05/28/25 For Sale $2,395,000 -- --
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250028761

San Diego MLS

APN: 147-197-09-00