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151 S Myers, Oceanside, CA 92054

Commercial property

151 S Myers, Oceanside, CA 92054 Sold November 2024 CRMLS
$6,250,000Sold November 2024

Listing Agent: Angelo La Bruna (DRE #01991625) · Listing Office: Apartment Realty Group (ARG) · Contact: 619-222-9500 · Bought with: Brian Nelson · South Coast Commercial Inc. · MLS #240020414SD · Source: CRMLS

14
Units
3.70%
Cap Rate
$244,224
NOI
Commercial property
Type

About this commercial property

14-unit Coastal apartment complex in Oceanside w/ Ocean Views. The property is situated on a 9,437sf lot and consists of ten (10) 1Bed / 1Bath units, one (2) 2Bed / 1Bath, and two (2) Studios. With 27% upside in rents, this asset is primed for a reposition to capture market rents. Two blocks to the brand new hotels (Seabird Resort & Mission Pacific Hotel), and three blocks to the Oceanside Pier; this 14-Unit complex is primed for growth in one of San Diego’s fastest growing submarkets. Brand New Roof. 14th Unit (rooftop studio) can be permitted; however is currently nonconforming.

Listing description from the November 2024 sale, as reported to CRMLS.

Sale history

$6,250,000
Sold November 2024 · listed $6,595,000, on market August 2024 · MLS #240020414SD · Source: CRMLS
Listing Agent: Angelo La Bruna · Listing Office: Apartment Realty Group (ARG) · Contact: 619-222-9500 · Bought with: Brian Nelson · South Coast Commercial Inc.
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