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203 S Myers, Oceanside, CA 92054

Commercial property

203 S Myers, Oceanside, CA 92054 Sold April 2024 CRMLS
$2,450,000Sold April 2024

Listing Agent: Angelo La Bruna (DRE #01991625) · Listing Office: Apartment Realty Group (ARG) · Contact: 619-222-9500 · Bought with: OUT OF AREA · OUT OF AREA · MLS #240003762SD · Source: CRMLS

5
Units
3.61%
Cap Rate
$92,927
NOI
Commercial property
Type

About this commercial property

Don’t miss these five cottage style units in Coastal Oceanside. The property consists of five (5) detached 1Bed / 1Bath apartment homes and is situated on a 4,615sf lot. With 16% upside in rents, this asset is ready 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 5-Unit property is primed for growth in one of San Diego’s fastest growing submarkets. In addition the lot is zoned D-5 Allowing for four (4) three-story townhome units with rooftop balconies and Ocean Views.

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

Sale history

$2,450,000
Sold April 2024 · listed $2,600,000, on market February 2024 · MLS #240003762SD · Source: CRMLS
Listing Agent: Angelo La Bruna · Listing Office: Apartment Realty Group (ARG) · Contact: 619-222-9500 · Bought with: OUT OF AREA · OUT OF AREA
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