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Key Details
Sold Price $1,565,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2409340
Sold Date 12/11/24
Bedrooms 5
HOA Y/N No
Lot Size 6,994 Sqft
Property Description
Approx 5% cap rate! Opportunity knocks with this turnkey recently remodeled Craftsman complete with a permitted ADU recently finished in 2023. Realize Instant income with this property as an investment or owner occupied! (ADU in back is currently rented through July 2025 @ $3,450/month. ADU is on separate utility meter for Electric/gas/sub meter for water). Fantastic Location - WEST of the 5 in highly desirable and family-friendly South Oceanside, with easy access to freeway, beaches and exciting new additions to downtown Oceanside. The Craftsman-style main residence with 3 beds and 1 bath features original hardwood floors, plastered arches, quartz countertops, custom wood accents, and central AC. The property has a fully fenced front yard and backyard with turf, drought tolerant landscape, and a new Trex patio with a natural gas fireplace. The newly constructed 2 bedroom and 1 bathroom detached accessory dwelling unit shares the same attention to detail with a private entrance and patio, high-end finishes and appliances, washer and dryer, and central AC. Whether you are looking to enjoy the neighborhood and what the community has to offer or you are an investor looking to take advantage of the amazing income potential, get over and see this amazing property quickly as it is priced to sell quickly.
Approx 5% cap rate! Opportunity knocks with this turnkey recently remodeled Craftsman complete with a permitted ADU recently finished in 2023. Realize Instant income with this property as an investment or owner occupied! (ADU in back is currently rented through July 2025 @ $3,450/month. ADU is on separate utility meter for Electric/gas/sub meter for water). Fantastic Location - WEST of the 5 in highly desirable and family-friendly South Oceanside, with easy access to freeway, beaches and exciting new additions to downtown Oceanside. The Craftsman-style main residence with 3 beds and 1 bath features original hardwood floors, plastered arches, quartz countertops, custom wood accents, and central AC. The property has a fully fenced front yard and backyard with turf, drought tolerant landscape, and a new Trex patio with a natural gas fireplace. The newly constructed 2 bedroom and 1 bathroom detached accessory dwelling unit shares the same attention to detail with a private entrance and patio, high-end finishes and appliances, washer and dryer, and central AC. Whether you are looking to enjoy the neighborhood and what the community has to offer or you are an investor looking to take advantage of the amazing income potential, get over and see this amazing property quickly as it is priced to sell quickly.
Location
State CA
County San Diego
Area Oceanside (92054)
Zoning Seller
Building
Story 1
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash, Conventional, Exchange, FHA, Seller May Carry, VA
Space Rent $4,900
Listing Terms Cash, Conventional, Exchange, FHA, Seller May Carry, VA
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Bought with Justin D Cote • Compass
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