CA > Oceanside > Oceanside
Oceanside, CA 92054,902 S Pacific St
Oceanside, CA 92054,902 S Pacific St
Oceanside, CA 92054,902 S Pacific St
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,699,000
Est. payment /mo
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UPDATED:

11/18/2024 08:48 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Oceanside

MLS Listing ID 240026159SD

HOA Y/N No

Year Built 1937

Property Description

Seller financing available. RT Zoning offering STR Investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity. Located just steps from the ocean, 902 Pacific St offers a unique and secure investment opportunity with remarkable short-term rental (STR) income potential. With RT zoning, this property allows investors to maximize income through flexible short-term rental options in Oceanside’s highly sought-after coastal zone, creating a lucrative opportunity in a fast-appreciating area. The property boasts impressive earning potential, with a projected gross annual income of $314,460 and two units already holding STR licenses. Additionally, three units present an immediate value-add opportunity, allowing for upgrades that can significantly enhance rental revenue and boost the property’s long-term value. With seller financing available, this offering provides added flexibility for qualified buyers, making it accessible to a range of investors. Perfect for those looking to balance lifestyle and income, this property suits investors who want to live in one unit while renting out others to offset mortgage costs. Residents and tenants alike will enjoy the tranquility of coastal living paired with easy access to Oceanside’s vibrant amenities and employment opportunities. Oceanside is experiencing rapid development, contributing to strong rental growth and property value increases. The property’s RT zoning allows for even greater investment potential, with density and development incentives adding further appeal to this prime coastal location. With its strategic location and investment-friendly zoning, 902 Pacific St is an exceptional find in a thriving market.

Location

State CA

County San Diego

Area 92054 - Oceanside

Building/Complex Name none

Zoning RT

Interior

Cooling None

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 1503540100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less Info
California Regional MLS (CRMLS)
Listed by Joseph Silva • Stravinsky Holdings, Inc.

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