Get the App

2126 Poplar Road, Oceanside, CA 92058

Commercial property · 2 recorded sales since 2016

2126 Poplar Road, Oceanside, CA 92058 Sold March 2020 CRMLS
$1,530,000Sold March 2020

Listing Agent: Chris Robinson (DRE #01346887) · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: Chris Robinson · Acre Investment Real Estate · MLS #190048947 · Source: CRMLS

6
Units
4.83%
Cap Rate
$74,874
NOI
14,822 sqft
Lot Size
Commercial property
Type

About this commercial property

We are pleased to present for sale the Poplar Apartments, a well-maintained apartment community located in the coastal sub-market of Oceanside. Built-in 1963, the subject property rests on one (1) parcel totaling 14,822 square feet. The property is comprised of six (6) Two Bedroom/One-Bath units totaling approximately 4,450 rent-able square feet. One of the units has a large 2-story balcony / backyard combo. The property also features eight (8) parking spaces, five (5) storage rooms, and one (1) on-site "owner owned" laundry facility. The offering is ideal for an investor to purchase a stabilized asset in one of San Diego's most up-and-coming coastal communities with additional immediate rent upside. Oceanside is considered one of the strongest rental markets in North San Diego County, with great demand for apartment rentals. The Poplar Apartments offers the investor the opportunity to further raise rents with new proactive management. Exterior: ,

Listing description from the March 2020 sale, as reported to CRMLS.

Sale history

$1,530,000
Sold March 2020 · listed $1,550,000, orig. $1,600,000, on market August 2019 · MLS #190048947 · Source: CRMLS
Listing Agent: Chris Robinson · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: Chris Robinson · Acre Investment Real Estate
$1,290,000
Sold August 2016 · listed $1,325,000, on market May 2016 · MLS #160025493 · Source: CRMLS
Listing Agent: Craig Stewart · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: Chris Robinson · Acre Investment Real Estate
See homes for sale in Oceanside Open the Nalren App

Explore Oceanside