Property Detail

Description

Plug and Play operation for future buyer! Extremely rare unit mix of (2) 3 bedroom units, (1) 2 bedroom unit and (1) 1 bedroom unit. Stunning property with 4 luxury units, each offering a perfect blend of comfort, style and ocean views. Just steps away from the beach and short walk to downtown Oceanside. Each unit is impeccably maintained and beautifully furnished, creating a luxurious yet cozy atmosphere. With its prime location and appealing features, this property is a lucrative income-generating investment, attracting vacationers year round. (2) 3/2 units with private use ocean view patio's, (1) 2/1 unit with private use ocean view deck, (1) ADU 30 day+. Gross income projections over $400k. Owner has approval pending for an additional stand alone 5th unit (2 story, 2/2 with garage, 1400 sf). Long term rental cap rate 3.25%, STR cap rate 7.25% with upside to build additional unit as STR.