330 S Horne St Oceanside, CA 92054
Downtown Oceanside NeighborhoodEstimated payment $58,707/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- | -- |
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: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2606755
APN: 150-064-13-00
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