1028 Tait Street A-D, Oceanside, CA 92054

About this property

RARE Opportunity. 4 Units - 1 Blck to the Ocean. Long Term Rental Cap Rate 3.75; GRM 17.8. Short Term Rental Cap Rate 8; GRM 9.7. Property is currently being utilized as short term rentals for all units. No STR restrictions in Oceanside. Capitalize day 1 on either market long term rents or maximize profits as STRs. Property also consists of (4) 1 car garages - ADU potential. Value Add. Tait street features (2) 2 bedroom 2 bath cottage style units and (2) 1 bedroom 1 bath upper floor units with ocean views. On site laundry, private courtyard, close to major highways, beaches, shopping, dinning, attractions, and Camp Pendleton. This turnkey property is ideal for investors seeking a low maintenance, highly profitable, beach side investment. OM attached in MLS documents section. Seller open to seller carryback financing

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$3,112,000

Sold November 2023 · listed $2,999,999, on market September 2023 · MLS #230018932SD · Source: CRMLS

Listing Agent: Kelsey Olson · Listing Office: Compass · Contact: 858-277-3325 · Bought with: Timothy Austin · Broker Groves, Inc

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