$2,200,000
$2,200,000
For more information regarding the value of a property, please contact us for a free consultation.
5,170 Sqft Lot
SOLD DATE : 09/29/2022
Key Details
Sold Price $2,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Oceanside
MLS Listing ID 220015019SD
Sold Date 09/29/22
HOA Y/N No
Year Built 1965
Lot Size 5,170 Sqft
Property Description
We're pleased to present 506 N Ditmar; a well maintained, two-story fourplex extremely well located in the heart of Downtown Oceanside. The property consists of one - 1500 sq.ft, 3bed/2.5ba "Owners" unit and three - 2bed/1bath units averaging over 900 sq. ft each. Other amenities include two - double car garages, coin-operated laundry for the tenants, a courtyard and barbecue area and gated entry. The units are large with spacious floorplans and have been well maintained. Rents are extremely under-market providing significant upside for the future owner through rent stabilization or operating the units as vacation rentals to capitalize on the proximity to Downtown Oceanside and Oceanside Pier. Residing just a few blocks from Coast Highway, Downtown the subject property at 506 N Ditmar is truly centrally located in a fast developing pocket of Oceanside. Residents of the property are within short walking distance to some of the regions best restaurants, entertainment venues and city transportation. Notable venues include Oceanside Pier Ampitheater & Civic Center, Oceanside Museum of Art, Stone & Bagby Brewing, Harbor House & Swami's Cafe, Regal Cinema along with several up and coming cuisine and retail venues for tenants to enjoy. The City is also taking active steps to attract businesses and retail venues further gentrifying the region. The subject property would make a great investment opportunity for an investor looking to add a quality asset to their portfolio as the Oceanside region is quickly improving and becoming a destination for both residents and tourists. Exterior: Wood/Stucco Unit # for Unit 1: A Unit # for Unit 2: B Unit # for Unit 3: C Unit # for Unit 4: D Number of Furnished Units: 0 Topography: LL
Location
State CA
County San Diego
Area 92054 - Oceanside
Building/Complex Name None
Zoning RH
Interior
Cooling See Remarks
Fireplace No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 1471040700
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Alan Hemphill • Dolphin Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States