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Renovated 21-Unit Apartment Building
New
For Sale
$9,500,000

330 S Horne St, Oceanside, CA 92054

Coastal multifamily property with varied residences, private outdoor areas, and resident-oriented common amenities.

Property Size15,013 SF
Days on Market2

Property Features for 330 S Horne St

General Information

Standard status Active
Size 15,013 SF
Property subtype Investment
Net Operating Income $440,443

Financials

Cap Rate 4.64%
Gross Income $667,819

Units

Unit Mix 1 x studio, 13 x 1BR/1BA, 1 x 2BR/1BA, 6 x 2BR/2BA
Multifamily Units 21

Amenities

surf shower
secure electric bike parking
common-area grill with outdoor shaded seating
private yards
rear patios
balconies
ocean views
in-unit washer/dryers
community laundry room
courtyard

Building Details

Building Size 15,013 SF
Year Built 1970
Units 21
Listing Agency: Commercial Asset Advisors
Listed By: Maxwell Brown · License #02127395
Source: Elliman
Added: Sep 5 Last Checked: Sep 5 at 3:18PM

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 Commercial Asset Advisors

Investment Insights

Based on property information with market context.

Located at 330 S Horne St in Oceanside, this 21-unit apartment property includes one studio, 13 one-bedroom/one-bath residences, one two-bedroom/one-bath residence, and six two-bedroom/two-bath residences. Renovated interiors include quartz countertops, stainless appliances, tile bathroom finishes, and natural oak-style vinyl flooring. Select homes offer private yards, rear patios, balconies, ocean views, garages, and in-unit laundry.

Community features include an owner-operated laundry room, surf shower, secure electric bike parking, shaded outdoor seating, a common-area grill, and landscaped courtyard areas with irrigation. Exterior work included new texture and paint, dual-pane windows, updated fixtures and suite numbers, and hand-painted murals.

Infrastructure work includes a 200A-to-400A electrical service upgrade completed in 2023, sewer lateral rehabilitation in 2014, and replacement of the main hot-water line and property water heater in 2025. The property has a 4.64% in-place cap rate, a 4.94% pro forma cap rate, and a 13.59 GRM.

Key Highlights

  • 21‑unit apartment property with a mix of studio, one‑bedroom, and two‑bedroom residences
  • Unit mix includes (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences
  • 11 of the 21 units have in‑unit washer/dryers; owner‑owned community laundry serves the balance

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Butcher (Bike/Boat/Book/etc) Store Tanning Salon Pet Store Nursing Home

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

2,127
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

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 - Coastal multifamily property with varied residences, private outdoor areas, and resident-oriented common amenities.
Where is this apartment building located?
The property is located at 330 S Horne St Oceanside, CA.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: 21‑unit apartment property with a mix of studio, one‑bedroom, and two‑bedroom residences; Unit mix includes (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences; 11 of the 21 units have in‑unit washer/dryers; owner‑owned community laundry serves the balance
More about this property
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