$5,450,000

Estimated payment $33,841/month

Total Views 6,090
5 Beds
6 Baths
3,824 Sq Ft
$1,425 Price per Sq Ft

Highlights

  • Golf Course Community
  • Laundry Room
  • No Heating
  • No HOA
  • Bike Trail
  • 5-minute walk to Buccaneer Park

About This Home

Located along the iconic coastline of Oceanside, this property offers more than a high-performing vacation rental-it’s a place where income and experience intersect in a way few properties can match. This turnkey multi-unit coastal retreat has been thoughtfully positioned to capture both consistent short-term rental demand and the intangible value today’s travelers are seeking: connection, relaxation, and unforgettable moments by the ocean. Each unit provides its own private space to unwind, while collectively creating an environment ideal for hosting multiple families, group getaways, or repeat guests who return year after year. Just steps from the sand and moments from the energy of the Oceanside Pier, the property delivers the full Southern California beach lifestyle-morning walks along the shoreline, afternoons in the surf, and evenings watching the sunset paint the sky. It’s the kind of setting that turns long weekends into lifelong traditions. From an investment perspective, the property presents a compelling opportunity with established short-term rental income, diversified unit configuration, and the flexibility to further enhance returns through strategic management or branding. For an owner-user, it offers something even more rare-the ability to enjoy a personal coastal escape while generating meaningful revenue. Whether you’re expanding a portfolio or looking for a property that your own family and others will return to year after year, this property represents a unique blend of performance, flexibility, and coastal lifestyle in one of North County’s most desirable beachfront locations. Downtown Oceanside has emerged as one of Southern California’s most vibrant coastal dining destinations, offering a dynamic mix of chef-driven restaurants, craft breweries, and locally loved cafés just steps from the sand and the iconic Oceanside Pier. The walkable district blends elevated cuisine with a relaxed beach lifestyle, with many concepts emphasizing locally sourced ingredients and seasonal menus, enhancing the area’s appeal for both everyday living and vacation rental demand.

Listing Agent

Lisa Fore

McLain Properties Brokerage Email: lfore@mclainproperties.com License #01292308 Listed on: 04/03/2026

Co-Listing Agent

Dorothy Pinney

McLain Properties Brokerage Email: lfore@mclainproperties.com License #01979830

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 7,057 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 3 Car Garage

Home Design

  • Property Attached
  • Entry on the 2nd floor

Interior Spaces

  • 3,824 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 07000
  • Assessor Parcel Number 1521420900
  • $62,916 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Water Sports
  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,732
  • Fuel Expense $4,036
  • Insurance Expense $5,507
  • Trash Expense $1,301
  • Water Sewer Expense $3,619
  • New Taxes Expense $59,950
  • Operating Expense $181,443
  • Gross Income $340,663
  • Net Operating Income $237,366

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

7,057 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 2.92
  • Inclusions: Furniture, existing rentals
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3619.00
  • Zoning: Multi 2+
  • Property Type: Residential Income
  • Parcel Number: 1521420900
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 2
  • Price Per Square Foot: 1425.21

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside, In Closet, Common Area, Washer Included, Dryer Included
  • Sewer: Other, Public Sewer
  • Trash Expense: 1301.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Watersports, Golf, Biking, Street Lights, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7057.00
  • Lot Size Acres: 0.1620

Multi Family

  • Electric Expense: 3732.00
  • Fuel Expense: 4036.00
  • Gross Income: 340663.00
  • Gross Scheduled Income: 340663.00
  • Insurance Expense: 5507.00
  • Lot Size Area: 7057.0000 Square Feet
  • Net Operating Income: 237366.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Number With Range: 2
  • Operating Expense: 103298.00
  • Rent Control: Yes
  • Total Expenses: 181443.00

Tax Info

  • New Taxes Expense: 59950.00
  • Tax Lot: 07000
  • Tax Tract Number: Pm0117
  • TaxOtherAnnualAssessmentAmount: 62916.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $61,723 $5,624,402 $4,244,832 $1,379,570
2024 $61,723 $5,514,120 $4,161,600 $1,352,520
2023 $59,825 $344,454 $171,314 $173,140
2022 $3,890 $344,454 $171,314 $173,140
2021 $3,905 $337,701 $167,955 $169,746
2020 $3,786 $334,239 $166,233 $168,006
2019 $3,677 $327,686 $162,974 $164,712
2018 $3,638 $321,262 $159,779 $161,483
2017 $70 $314,964 $156,647 $158,317
2016 $3,457 $308,789 $153,576 $155,213
2015 $3,357 $304,152 $151,270 $152,882
2014 $3,229 $298,195 $148,307 $149,888
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2026 04/03/26 For Sale $5,450,000 -- $1,425 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2603080

California Regional Multiple Listing Service (CRMLS)

APN: 152-142-09-00

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