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221 S Nevada St., Oceanside, CA 92054

Commercial property

221 S Nevada St., Oceanside, CA 92054 Sold December 2024 CRMLS
$5,300,000Sold December 2024

Listing Agent: Ray Adams (DRE #00989238) · Listing Office: Ray Adams Investment Real Estate Inc · Contact: 619-884-5456 · Bought with: Ray Adams · Ray Adams Investment Real Estate Inc · MLS #240016646SD · Source: CRMLS

15
Units
4.00%
Cap Rate
$228,818
NOI
14,259 sqft
Lot Size
Commercial property
Type

About this commercial property

15 unit coastal multifamily property consisting mostly of 2-bedroom, 1.5 bathroom townhomes with gar and small yard. Great location within walking distance to dining, transit center and beach. Good in-place income with outstanding cash flow at market rental rates. ADU potential. Desirable unit mix with spacious units. Peek ocean view from rear units. Some new windows and sliding glass doors. Drive by discreetly without disturbing the tenants or management

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

Sale history

$5,300,000
Sold December 2024 · listed $5,700,000, on market July 2024 · MLS #240016646SD · Source: CRMLS
Listing Agent: Ray Adams · Listing Office: Ray Adams Investment Real Estate Inc · Contact: 619-884-5456 · Bought with: Ray Adams · Ray Adams Investment Real Estate Inc
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