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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$3,395,000

Est. payment - /mo

7,152 Sqft Lot

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260017683SD

HOA Y/N No

Lot Size 7,152 Sqft

Property Sub-Type Mixed Use

Property Description

Pleased to present Avalon By-The-Sea, an 8-unit multifamily investment opportunity located in the heart of Downtown Oceanside's Townsite neighborhood. Situated on a 7,152 SF parcel and improved with a 6,028 SF two-story apartment building, the property features a balanced mix of 5 two-bedroom units and 3 one-bedroom units. Well-maintained interiors and a master-metered utility system with partial RUBS reimbursement already in place provide investors with an attractive combination of stable in-place income and operational upside. Four highly desirable two-car garages offer the residents off street parking and could also provide a new a new owner with a value add opportunity by converting some or all of the garages to ADUs. Residences feature luxury vinyl plank flooring, upgraded appliances with dishwashers, vinyl windows, forced-air heating, and dual-sink vanities in the two-bedroom units. Additional amenities include a community laundry room with seller owned equipment and a master-metered utility system with an already implemented RUBS program for utility cost recovery. The property also benefits from four two-car garages, a highly sought-after amenity in a coastal neighborhood where off-street parking remains limited.

Location

State CA

County San Diego

Area 92054 - Oceanside

Interior

Heating Forced Air

Fireplace No

Exterior

Roof Type Composition

Others

Tax ID 1471990400

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

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Listed by Gary Kaufman South Coast Commercial, Inc. #01816761

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

123 S Nevada Oceanside, CA 92054

Jessica Panzica

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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