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Property Description

Nestled just under 2 miles from the iconic Oceanside Pier, 810 Acacia Ave offers a prime value-add investment opportunity in the rapidly growing Oceanside market. This 4-unit property, built in 1963, sits on an above grade raised lot in a low-density residential neighborhood. Featuring a desirable unit mix of spacious 2-bedroom, 1-bath units, the property boasts a solid concrete slab foundation, a durable pitched roof, and off-street parking in the rear. The property is ideally situated across from Mission Elementary and Jefferson Middle School and provides residents with convenient access to the beach, shopping, transportation, and local schools. Additionally, an unused laundry room presents an immediate income-generating opportunity for the new owner as well as an added amenity for the residents. Current ownership has implemented strategic improvements, including re-routing plumbing out of the slab to prevent costly slab leaks. Starting February 1, 2025, rent increases will go into effect, further boosting cash flow. Ownership has also instituted RUBS (Ratio Utility Billing System) at $150 per unit per month, ensuring efficient utility cost recovery. With an impressive 60% upside potential, this property is a rare find for investors seeking a strong return in one of Southern California’s most desirable coastal markets

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Additional Information
South Coast Commercial, Inc.
0
SAND-646893
SAND-69464
Gary
1451620700
Two
32

Multi-Family For Sale

810 Acacia Ave, Oceanside, California 92058

$1,500,000
Listing ID #250016898SD
Basic Details
Status : Active
DaysOnMarket : 0
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 250016898SD
Price : $1,500,000
Lot Size : 6,098 Sqft
Year Built : 1963
Country : US
State : California
County : San Diego
City : Oceanside
Zipcode : 92058
Subdivision : Oceanside
ModificationTimestamp : 2025-01-21 15:32:07
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