Property Detail

Description

Stunning property with four 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% with upside to build additional unit as STR.