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925 S Pacific St Oceanside, CA 92054
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Key Details
Sold Price $6,175,000
Property Type Residential Income
Listing Status Sold
Purchase Type For Sale
Subdivision Oceanside
MLS Listing ID 210025693
Year Built 1945
Lot Size 9,748 Sqft
Property Description
Pleased to present an extremely rare waterfront fourplex in San Diego County. This opportunity allows an investor to acquire a rare trophy asset that can provide day 1 cashflow as a short-term rental, an amazing live-in scenario with attractive residential financing, and allows a investor to acquire a property with future development potential. The property is forecasted to achieve north of a 6.21% cap rate as a short-term rental operation post renovation. RT-CZ zoning on this 9750 Sqft beach parcel allows for short-term rental operations as well as future development opportunity with significant additional square footage and up to 10 dwelling units. Building to be delivered vacant to next owner for maximum flexibility Exterior: Wood/Stucco Number of Furnished Units: 0 Topography: GSL Frontage: Ocean/Sand
Location
State CA
County San Diego
Area 92054 - Oceanside
Building/Complex Name NA
Zoning RT-CZ
Interior
Cooling None
Exterior
View Y/N Yes
View Ocean
Roof Type Wood
Building
Story 2
Others
Acceptable Financing Cash, Conventional, Contract, FHA
Listing Terms Cash, Conventional, Contract, FHA
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Bought with Allen Chitayat CBRE