$9,500,000

Estimated payment $58,707/month

Total Views 556
27 Beds
27 Baths
15,013 Sq Ft
$633 Price per Sq Ft

Highlights

  • Fishing
  • No HOA
  • No Heating
  • 0.33 Acre Lot
  • Laundry closet

About This Home

330 S Horne St, Oceanside presents a designer-grade renovated, 21-unit coastal multifamily asset offering immediate cash flow, a diverse unit mix, and a differentiated resident experience. The property combines thoughtfully designed interior finishes tailored to Coastal Southern California with strategic enhancements including private yards, rear patios, balconies, select ocean-view residences, garages, in-unit laundry in select units, and coastal-oriented community amenities. The property consists of (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences. Select residences feature private front yards or rear patios, while upper units include balconies and ocean views. 11 of the 21 units have in-unit washer/dryers, with an owner-owned community laundry room retained for the balance of the property. Ownership completed a comprehensive renovation designed to position the property above traditional rental-grade product. Interiors feature Coastal Southern California tailored color schemes and finishes including quartz countertops, pastel tile backsplashes, stainless appliances, Terracotta Spanish style tile bathroom floors, tile wall shower & tub enclosures, and natural oak style vinyl flooring. Exterior improvements include a full re-texture and repaint with Baja California inspired color palettes, dual pane windows, drought resistant and low maintenance California desert scape courtyard landscaping with irrigation, updated exterior fixtures and suite numbers, and hand painted building murals. Resident amenities include a surf shower, secure electric bike parking, and a common-area grill with outdoor shaded seating. Major infrastructure improvements include a main electrical service upgrade from 200A to 400A in 2023 with replacement of all unit subpanels, the sewer main lateral was descaled with an epoxy liner installed in 2014, replacement of the main hot-water line serving the property in 2025, and replacement of the property water heater in 2025. SB 721-deck inspections were also completed. The asset currently generates $667,819 in Gross Scheduled Income and $440,443 in NOI, yielding a 4.64% in-place cap rate. At full market operations, Gross Scheduled Income is projected at $699,113 and NOI at $469,584, producing a 4.94% pro forma cap rate and 13.59 GRM.

Listing Agent

Maxwell Brown

Commercial Asset Advisors Brokerage Email: mbrown@caacre.com License #02127395 Listed on: 09/04/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 14,253 Sq Ft Lot
  • Two or More Common Walls
  • Density is 21-25 Units/Acre

Parking

  • 8 Open Parking Spaces
  • 8 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 15,013 Sq Ft Home
  • 3-Story Property
  • Laundry closet

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 27 Full Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 1500641300
  • Tax Tract Number 918
  • Assessor Parcel Number 1500641300

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 21 Units

Amenities

  • Laundry Facilities

Recreation

  • Fishing

Building Details

  • Rent Control
  • 22 Separate Electric Meters
  • 18 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $9,942
  • Insurance Expense $13,363
  • Professional Management Expense $25,911
  • Trash Expense $2,875
  • Water Sewer Expense $3,858
  • New Taxes Expense $108,305
  • Operating Expense $207,341
  • Gross Income $667,819
  • Net Operating Income $440,443

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0.33 Acres

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 4.64
  • Professional Management Expense: 25911.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 3858.00
  • Zoning: RM
  • Property Type: Residential Income
  • Parcel Number: 1500641300
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 27
  • Total Bedrooms: 27
  • Entry Level: 1
  • Price Per Square Foot: 632.78

Exterior Features

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

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: No
  • Total Parking Spaces: 16.00
  • Uncovered Spaces: 8.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Closet, Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2875.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Fishing

Lot Info

  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 14253.00
  • Lot Size Acres: 0.3272

Multi Family

  • Electric Expense: 9942.00
  • Gross Income: 667819.00
  • Gross Scheduled Income: 667819.00
  • Insurance Expense: 13363.00
  • Lot Size Area: 14253.0000 Square Feet
  • Net Operating Income: 440443.00
  • Number Of Separate Electric Meters: 22
  • Number Of Separate Gas Meters: 18
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 21
  • Operating Expense: 207341.00
  • Rent Control: Yes
  • Total Expenses: 207341.00

Tax Info

  • New Taxes Expense: 108305.00
  • Tax Lot: 1500641300
  • Tax Tract Number: 918

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $75,476 $6,864,973 $2,164,864 $4,700,109
2025 $75,476 $6,730,366 $2,122,416 $4,607,950
2024 $72,361 $6,448,399 $2,080,800 $4,367,599
2023 $70,132 $6,321,960 $2,040,000 $4,281,960
2022 $17,194 $1,526,419 $461,469 $1,064,950
2021 $17,261 $1,496,490 $452,421 $1,044,069
2020 $16,731 $1,481,146 $447,782 $1,033,364
2019 $16,249 $1,452,104 $439,002 $1,013,102
2018 $16,077 $1,423,633 $430,395 $993,238
2017 $15,781 $1,395,719 $421,956 $973,763
2016 $15,265 $1,368,353 $413,683 $954,670
2015 $14,823 $1,347,800 $407,470 $940,330
2014 $14,257 $1,321,400 $399,489 $921,911
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
09/04/2026 09/04/26 For Sale $9,500,000 -- $633 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
Quit Claim Deed -- Fidelity National Title
Grant Deed $6,215,000 Fidelity National Title
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Fidelity
Interfamily Deed Transfer -- South Coast Title Company
Grant Deed $1,075,000 South Coast Title Company
Grant Deed -- --
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
Open $5,110,000 New Conventional
Closed $5,590,000 Construction
Closed $3,729,000 New Conventional
Previous Owner $806,250 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2606755

California Regional Multiple Listing Service (CRMLS)

APN: 150-064-13-00

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