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