NOT LISTED FOR SALE

706 S Pacific St Oceanside, CA 92054

Downtown Oceanside Neighborhood
5 Beds
4 Baths
2,526 Sq Ft
4,902 Sq Ft Lot

Last Sold March 04, 2021

Last sale price $2,125,000 $841 Per Sq Ft

49 Days on Market

About This Home

As of March 2021

Fantastic opportunity to purchase a coastal four (4) unit complex in the high-demand rental market of Oceanside, CA. The subject property consists of one (1) 2bedroom / 1bathroom unit, three (3) 1bedroom /1 bathroom units with four (4) single-car garages and washer/dryer hook-ups for each unit. *Unobstructed ocean views.* This asset is perfect for either an investor or an owner occupant buyer seeking an irreplaceable location with upside in rental income and the ability to secure 30-year fixed financing.

Last Agent to Sell the Property

James V. Carter

Apartment Realty Group (ARG) License #01352336 Listed on: 12/03/2020

Co-Listed By

Angelo La Bruna

Apartment Realty Group (ARG) License #01991625

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,902 Sq Ft Lot

Home Design

  • Wood Siding

Listing and Financial Details

  • Assessor Parcel Number 150-262-07-00

Community Details

Overview

  • Association fees include electricity, gas, water
  • 4 Units

Building Details

  • Net Operating Income $51,779

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Wisconsin Ave
  • Neighborhood: Oceanside
  • LP / Sq Ft: 32.46
  • Sale Price List Price: 0.93
  • Year Built: 1960
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood, Wood/Stucco

Utilities

  • Water: Available

Condo/Co-op/Association

  • Community: OCEANSIDE
  • Home Owner Association Fee Includes: Electricity, Gas, Water

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: DT
  • Assessor Parcel Number: 150-262-07-00
  • Estimated Lot Sq Ft: 4902
  • Estimated Number of Acres: 0.11
  • Map Code Column: A
  • Map Code Page: 1106
  • Map Code Row: 2

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 51779
  • Gross Rent Multiplier Actual: 25.59
  • Gross Rent Multiplier Projected: 21.02
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
03/04/2021 03/04/21 Sold $2,125,000 0.0% $841 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/15/2021 01/15/21 Off Market $2,125,000 -- --
12/03/2020 12/03/20 For Sale $2,295,000 -- $909 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James V. Carter

    Seller's Agent in 2021

    James V. Carter

    Apartment Realty Group (ARG)

    (610) 755-1778

    1 in this area

    44 Total Sales

    James V. Carter
    Section Image
  • Angelo La Bruna

    Seller Co-Listing Agent in 2021

    Angelo La Bruna

    Apartment Realty Group (ARG)

    (858) 837-1456

    11 in this area

    64 Total Sales

    Angelo La Bruna
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Default

    Default Non-Member Office

  • O

    Buyer's Agent in 2021

    Out of Area Agent

    Out of Area Office

  • K

    Buyer's Agent in 2021

    Kathryn Frost

    RETS IDX TCAR VENDORS

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200053104

San Diego MLS
California San Diego County Oceanside 92054 Downtown Oceanside

706 S Pacific St, Oceanside, CA

Not Listed for Sale

MultiFamily

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