Address not disclosed Oceanside, CA 92054

Price just reduced another $500,000. 16 months ago, it was listed for $5,500,000. Owner needs to sell now and will take a loss. 10 apartments on 2.5 lots located on the Strand in Oceanside. (1) 2 bedroom, (4) 1Bed/1 Baths, and (5) Studios. Currently, the property is being operated as normal long term rentals due to the owner being out-of town/absentee. However, the property has been ran as vacation rentals in the past with a proven track record of almost twice the income. Two of the units were garages in the past and converted to living units prior to current ownership. Oceanside is a beach community in the far northern part of San Diego County. The property itself sits in the most desirable part of Oceanside, on the the beach, just south of the pier.