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

Sale Details

Date Sold: May 19, 2026

$1,019 Per Sq Ft

4% Below List Price

20 Days 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2026
Closed on
May 12, 2026
Sold by
Bought by
Seller's Agent
Kevin Hemstreet
South Coast Commercial, Inc.
Buyer's Agent
Kevin Hemstreet
South Coast Commercial, Inc.
List Price
$2,750,000
Sold Price
$2,650,000
Premium/Discount to List
-$100,000
-3.64%
Views
38

Purchase Details

Closed on
Jun 3, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2017
Sold by
Bought by

Purchase Details

Closed on
Oct 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Oct 14, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 22, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
5.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 28, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,400
Interest Rate
7.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 12, 1988
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $2,597,000 First American Title
Grant Deed -- Chicago Title Company
Grant Deed $900,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Grant Deed $1,680,000 Chicago Title Company
Grant Deed $1,240,000 Chicago Title Company
Quit Claim Deed -- None Available
Grant Deed $1,100,000 Chicago Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $750,000 Commonwealth Land Title Co
Interfamily Deed Transfer -- --
Grant Deed $436,000 Fidelity National Title Co
Deed $297,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $1,300,000 Commercial
Previous Owner $1,000,000 Commercial
Previous Owner $600,000 Commercial
Previous Owner $250,000 Commercial
Previous Owner $475,000 Commercial
Previous Owner $475,000 Commercial
Previous Owner $430,000 Commercial
Previous Owner $430,000 Seller Take Back
Previous Owner $283,400 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $23,442 $2,129,671 $1,874,344 $255,327
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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