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Oceanfront 21-Unit Apartment Property
For Sale
$14,000,000

308 S The Strand, Oceanside, CA 92054

Four buildings combine furnished residences, individual garages, solar panels, and elevated ocean-view outdoor space.

Property Size7,901 SF
Price / SF$1,771
Days on Market13

Property Features for 308 S The Strand

General Information

Standard status Active
Size 7,901 SF
Total Parking Spaces 14
Property subtype Multi-Family

Additional Details

Furnished Yes
Multifamily Units 21

Amenities

solar panels
deck

Building Details

Year Renovated 2021
Buildings 4
Construction Spanish-Mission style
Listing Agency: Acre Investment Real Estate
Listed By: Craig Stewart cstewart@acrecommercial.com
Source: Viewsandiegorealestate
Added: Sep 24 Changed: Oct 6 Last Checked: Oct 5 at 7:02PM

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 Acre Investment Real Estate

Investment Insights

Based on property information with market context.

Marbella is an oceanfront apartment property in Oceanside comprising 21 units across 4 buildings. The mix includes studios, one-bedroom units, and a larger three-bedroom residence. All units are furnished and were remodeled in 2021, alongside structural upgrades and the installation of solar panels. The property also has a brand-new roof, stucco, and paint, as well as 14 individual single-car garages with new doors.

A third-floor level and an elevated deck provide ocean views from above street level. The property’s Spanish-Mission architectural style reflects the joining of two buildings in the 1970s, originally constructed in different eras. The address is 308 S The Strand in Oceanside, California.

Key Highlights

  • 21 units across 4 buildings, including studios, one‑bedroom units, and a three‑bedroom unit
  • Oceanfront setting with third‑floor and elevated deck views
  • 14 individual single‑car garages with new garage doors

Property Analytics

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Current Use

Marbella Vacation Rentals Hotel & Motel

Suggested Use

Top Pick Daycare Center Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Fish Market Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

1,987
Businesses Nearby

Demographics for 92054, CA

38,667
Population
18,113
Households
2.1
Avg Household Size
38
Median Age
36%
College-Educated
86%
High-School Grad
7.5 sq mi
ZIP Area
5,156
Density / Sq Mi
$76,974
Median Household Income
$38,716
Median Earnings
$1,847
Median Rent
$851,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four buildings combine furnished residences, individual garages, solar panels, and elevated ocean-view outdoor space.
Where is this apartment building located?
The property is located at 308 S The Strand Oceanside, CA.
What is the asking price?
The asking price for this property is $14,000,000.
What are key features of this property?
This property features: 21 units across 4 buildings, including studios, one‑bedroom units, and a three‑bedroom unit; Oceanfront setting with third‑floor and elevated deck views; 14 individual single‑car garages with new garage doors
More about this property
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