$3,999,000
$700K PRICE DROP

Estimated payment $25,747/month

Total Views 21,709
9 Beds
6 Baths
3,724 Sq Ft
$1,074 Price per Sq Ft

About This Home

Lucrative investment opportunity w/ plug and play operations. Currently 3 units all w/ Ocean Views operating as short term rentals plus an additional ADU. Steps to the beach. Extremely rare unit mix of Two 3 bedroom units, One 2 bedroom unit and One 1 bedroom unit (ADU), each offering the perfect blend of comfort, style and ocean views. All furnishings and amenities convey to buyer. Just steps away from the beach and short walk to downtown Oceanside. Each unit is impeccably maintained and beautifully furnished, creating a luxurious yet cozy atmosphere. With its prime location and appealing features, this property is a lucrative income-generating investment, attracting vacationers year round. (2) 3/2 units with private use ocean view patio's, (1) 2/1 unit with private use ocean view deck, (1) ADU 30 day+.

Listing Agent

Kimberlee Simmons

Fathom Realty Group, Inc License #01917444 Listed on: 01/13/2025

Fathom Realty Group, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 7,239 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Vacation Rental by Owner
  • Assessor Parcel Number 150-351-07-00

Community Details

Recreation

  • Community Spa

Additional Features

  • 4 Units
  • Net Operating Income $367,400

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Hayes
  • Neighborhood: Pacific St
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 2000
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air, Wall/Window

Condo/Co-op/Association

  • Community: OCEANSIDE
  • Complex Features: Spa/Hot Tub

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 150-351-07-00
  • Estimated Lot Sq Ft: 7239

Rental Info

  • Vacation Rental By Owner: Yes

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 367400
  • Annual Expense Actual: 82600
  • Gross Rent Multiplier Actual: 8.0
  • Gross Sched Income Actual: 450000
  • Gross Sched Income Projected: 500000
  • Number Of Buildings: 1
  • Number Of Furnished Units: 4
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Map

Range of Values:

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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 Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $3,999,000 -4.8% $1,074 / Sq Ft
03/26/2025 03/26/25 For Sale $4,199,000 0.0% $1,128 / Sq Ft
03/07/2025 03/07/25 Pending -- -- --
03/05/2025 03/05/25 Price Changed $4,199,000 -10.6% $1,128 / Sq Ft
01/13/2025 01/13/25 For Sale $4,699,000 +67.8% $1,262 / Sq Ft
08/19/2021 08/19/21 Sold $2,800,000 +17.2% $1,203 / Sq Ft
05/29/2021 05/29/21 For Sale $2,390,000 -- $1,027 / Sq Ft
Source: San Diego MLS

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Source: San Diego MLS

MLS Number: 250001021

San Diego MLS

APN: 150-351-07-00