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Listed by Marie Jebavy • The Real Estate Consultants
$2,200,000
Est. payment /mo
2,369 SqFt
UPDATED:
11/08/2024 07:56 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,369 sqft
Price per Sqft $928
MLS Listing ID CRND24183483
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1965
Lot Size 5,209 Sqft
Property Description
Prime Investment Opportunity in Oceanside: Mixed-Use Property with Growth Potential This exceptional mixed-use property offers a rare investment opportunity in Oceanside. It combines commercial and residential units in a rapidly growing area. Perfectly positioned to benefit from the city's ongoing development and rising real estate values, this property presents a diversified income stream and long-term appreciation potential. Property Highlights: Mixed-Use Investment: This property features retail and residential units, providing multiple revenue sources and catering to a diverse tenant base. Prime Location Advantages: Close to Ocean: Just five blocks from the beach, enhancing the appeal of retail and residential spaces. Downtown Proximity: Within walking distance to shopping, dining, and entertainment, increasing tenant and customer demand. Adjacent to 1010 Building: Near a prominent hotel and live-work lofts, which drive foot traffic and support potential rent growth. Current Financial Performance: Commercial Units: Two retail spaces currently rented at $1,590 each, with potential for rent adjustments, likely under market value. Residential Units: Two-Bedroom Unit: Recently remodeled and available for rent, presenting a fresh opportunity for new tenants. Beach Cottage: Include
Location
State CA
County San Diego
Interior
Heating Space Heater
Cooling None
Fireplace No
Building
Water Public
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