Oceanside, CA 92054

Property Details

Year built

1950

Property size

4,252 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a portfolio of eight units situated in the thriving Oceanside, CA market. Priced at $3,590,000, this offering encompasses two parcels, the primary property featuring 4,252 square feet, and an additional parcel located at 718-20 Freeman St. (APN 1470581200). The seller is open to considering separate sales of the parcels, contingent upon simultaneous closings. This presents a unique opportunity for investors seeking flexibility in their acquisition strategy. The property's location offers unparalleled access to a wealth of amenities, including Oceanside's beautiful beaches, the bustling harbor, a vibrant farmers market, the popular Thursday Night Sunset Market, a diverse selection of restaurants and shops, and the iconic Top Gun House – all within less than a mile. This area is experiencing significant redevelopment, promising continued growth and increased property value. The high occupancy rate of the eight units, coupled with the strategic location in a rapidly developing tourist and beach destination, makes this a compelling investment prospect with strong potential for future appreciation and rental income. The combined square footage and unit count offer significant scale for investors seeking a substantial foothold in the Oceanside real estate market. This is a rare chance to acquire a multi-unit property in a prime location poised for continued expansion and increased desirability.

Location Insight

City

Oceanside

County

San Diego

State

California

Longitude

-117.373

Latitude

33.1814