$2,650,000
SOLD MAY 19, 2026
6 Beds
6 Baths
2,600 Sq Ft
4,025 Sq Ft Lot Lot

Sale Details

Date Sold: May 19, 2026

$1,019 Per Sq Ft

4% Below List Price

20 on Market

About This Home

As of May 2026

Proud to present 1318 South Pacific Street, a fully leased, six-unit multifamily asset located in the heart of Oceanside. The property consists of a single, two-story building featuring a mix of one-bedroom, one-bathroom units. This turnkey investment is underpinned by substantial capital improvements, including a complete interior remodel of all units, a new roof, exterior paint, and garage doors, and new gas lines. Zoned Residential Tourist (RT), the property offers rare flexibility to capitalize on Oceanside’s high demand for both short-term and long-term rentals. With private balconies, on-site laundry, and high barriers to entry for new coastal supply, 1318 South Pacific Street is perfectly positioned for long-term appreciation and immediate performance in one of Southern California’s premier beach communities. ***

Last Agent to Sell the Property

Kevin Hemstreet

South Coast Commercial, Inc. License #01490629 Listed on: 04/01/2026

South Coast Commercial, Inc.

Last Buyer's Agent

Kevin Hemstreet

South Coast Commercial, Inc. License #01490629 Listed on: 04/01/2026

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,025 Sq Ft Lot

Home Design

Interior Spaces

  • 6 Bedrooms
  • 2,600 Sq Ft Home
  • 2-Story Property

Community Details

  • 6 Units
  • Operating Expense $81,375

Listing and Financial Details

  • Total Actual Rent $13,884

Property Details

Home Type

Multi-Family

Lot Details

4,025 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 4.0
  • Co List Office Mls Id: 69464
  • Living Area: 2600.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-05-20T17:55:59Z
  • FullAddress: 1318 S Pacific St
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6

Lot Info

  • Zoning: R-4:MULTIP
  • Lot Size Sq Ft: 4025.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 6
  • Annual Operating Expense: 81375.0
  • Total Actual Rent: 13884.0
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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
05/19/2026 05/19/26 Sold $2,650,000 0.0% $1,019 / Sq Ft
04/21/2026 04/21/26 Pending -- -- --
04/18/2026 04/18/26 Price Changed $2,650,000 -3.6% $1,019 / Sq Ft
04/01/2026 04/01/26 For Sale $2,750,000 -- $1,058 / Sq Ft
Source: San Diego MLS

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 $23,442 $2,087,914 $1,837,593 $250,321
2024 $22,995 $2,046,975 $1,801,562 $245,413
2023 $22,287 $2,006,839 $1,766,238 $240,601
2022 $21,951 $1,967,490 $1,731,606 $235,884
2021 $22,037 $1,928,912 $1,697,653 $231,259
2020 $21,355 $1,909,134 $1,680,246 $228,888
2019 $20,733 $1,871,700 $1,647,300 $224,400
2018 $20,514 $1,835,000 $1,615,000 $220,000
2017 $19,187 $1,713,600 $1,570,800 $142,800
2016 $18,565 $1,680,000 $1,540,000 $140,000
2015 $13,529 $1,240,000 $1,100,000 $140,000
2014 $12,307 $1,150,000 $1,051,000 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 260007828

San Diego MLS

APN: 152-143-06-00

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