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Eight-Unit Multifamily with Garages

123 South Nevada Street Oceanside, CA 92054

123 South Nevada Street, Oceanside, CA, 92054
$3,595,000
For Sale
$3,595,000

Two-story apartment building with five two-bedroom and three one-bedroom units plus four two-car garages and community laundry.

Property Size6,028 SF
Lot Size0.16 Acres
Price / SF$596.38
Days on Market8

Property Features for 123 South Nevada Street

General Information

Standard status
Active
Size
6,028 SF
Lot size
0.16 Acres
Property subtype
Commercial-Res Income / Com-Res Income
Listing agency South Coast Commercial, Inc.
Listed by Gary Kaufman · License #01816761
Source Compass
Added: Jul 14 Updated: Jul 21 at 8:53AM Checked: Jul 21 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of South Coast Commercial, Inc.


Investment Insights

Based on property information with market context.

Avalon By-The-Sea is an eight-unit, two-story apartment building designed with a mix of five two-bedroom units and three one-bedroom units. Interior features include luxury vinyl plank flooring, vinyl windows, forced-air heating, and upgraded appliances with dishwashers, along with dual-sink vanities in the two-bedroom units. The community laundry room includes seller-owned equipment. The property also includes a master-metered utility system with a RUBS reimbursement program already in place for utility cost recovery.

The building sits on a 7,152 SF parcel and includes four two-car garages, providing off-street parking for residents. In addition, the garages may be suitable for conversion to ADUs, subject to applicable requirements.

This multifamily property offers an in-place unit mix and a utility setup structured for reimbursement, paired with a valuable parking amenity through attached garages.

Key Highlights

  • 8‑unit, 2‑story apartment building on a 7,152 SF parcel with 6,028 SF building size
  • Unit mix includes five 2‑bedroom units and three 1‑bedroom units
  • 4 two‑car garages provide off‑street parking and may support ADU conversion potential

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Butcher Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two-story apartment building with five two-bedroom and three one-bedroom units plus four two-car garages and community laundry.
Where is this apartment building located?
The property is located at 123 South Nevada Street Oceanside, CA.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: 8‑unit, 2‑story apartment building on a 7,152 SF parcel with 6,028 SF building size; Unit mix includes five 2‑bedroom units and three 1‑bedroom units; 4 two‑car garages provide off‑street parking and may support ADU conversion potential
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