Oceanside, CA 92054,925 S Pacific St
Oceanside, CA 92054,925 S Pacific St
Oceanside, CA 92054,925 S Pacific St
Oceanside, CA 92054,925 S Pacific St
Oceanside, CA 92054,925 S Pacific St
Oceanside, CA 92054,925 S Pacific St
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$6,175,000

$6,500,000

5.0%
Est.Price: ?

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Est. payment /mo

9,748 Sqft Lot


SOLD DATE : 05/27/2022

Key Details

Sold Price $6,175,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Oceanside

MLS Listing ID 210025693

Sold Date 05/27/22

HOA Y/N No

Year Built 1945

Lot Size 9,748 Sqft

Property Description

Pleased to present an extremely rare waterfront fourplex in San Diego County. This opportunity allows an investor to acquire a rare trophy asset that can provide day 1 cashflow as a short-term rental, an amazing live-in scenario with attractive residential financing, and allows a investor to acquire a property with future development potential. The property is forecasted to achieve north of a 6.21% cap rate as a short-term rental operation post renovation. RT-CZ zoning on this 9750 Sqft beach parcel allows for short-term rental operations as well as future development opportunity with significant additional square footage and up to 10 dwelling units. Building to be delivered vacant to next owner for maximum flexibility Exterior: Wood/Stucco Number of Furnished Units: 0 Topography: GSL Frontage: Ocean/Sand

Location

State CA

County San Diego

Area 92054 - Oceanside

Building/Complex Name NA

Zoning RT-CZ

Interior

Cooling None

Fireplace No

Exterior

View Y/N Yes

View Ocean

Roof Type Wood

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 1503550700

Acceptable Financing Cash, Conventional, Contract, FHA

Listing Terms Cash, Conventional, Contract, FHA

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Allen Chitayat • CBRE
Bought with Allen Chitayat • CBRE
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