Active

1610 S Pacific St

Oceanside CA, 92054

$4,850,000


$1,043.46 per sqft

Active

10 Beds

11 Baths

4,648 sqft

Multi-family

Built in 1953

An extraordinary 10- unit multifamily property located across the street from Buccaneer Beach in Oceanside, California. The property is positioned in an irreplaceable location on a coastal bluff with 120 ft of ocean view frontage and features sweeping ocean views. SELLER FINANCING IS AVAILABLE. 1610 S Pacific presents the opportunity for an investor to enter a high-demand rental market with the potential to add value through a system renovation program. Originally constructed in 1953, the property features a unit mix of (9) 1+1 and (1) 1+2 units. Over the years, select unit interiors and the exterior have been continuously improved and several major building systems have been replaced. A future investor could complete a deeper renovation with additional amenities such as in-unit washer and dryers and raise rents significantly. There is also potential to convert the attached garage and laundry room to an accessory dwelling unit, thereby increasing the income and number of units for a new owner. (Buyer to confirm ADU potential). The Property is positioned in one of the most sought-after and rapidly developing communities in San Diego. Tenants are in the heart of Oceanside and nearby an array of community amenities, acclaimed restaurants, coffee shops, fitness studios and entertainment venues. Further, the property is walkable to the nearest light rail station, which is served by the NCTD Sprinter and connects riders from Oceanside to Downtown San Diego and beyond. Oceanside is experiencing increased growth and vitality with new businesses, resorts and restaurants opening in the immediate area. 1610 S Pacific provides investors with the opportunity to acquire a well-maintained asset with significant upside potential.

24-352879

MLS ID

January 29, 2024

Listed

September 13, 2024

Updated

Map

1610 S Pacific St
Oceanside CA, 92054

Interior Features

Total Stories

2


Bedrooms

10


Total Bathrooms

11


Appliances

Refrigerator, Range/Oven


Fireplace

No


Cooling

No


Cooling Description

None


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.27 Acres

Other Property Details

Area Name

Oceanside


Days on Market

35


Garage

No


Parking

Other


Parking Total

10


View

No


County

San Diego


Pool

No


Zoning

RT

Listed by Janet Neman with Kidder Mathews of California, Inc.
Listing Contact: 310-926-5181 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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