About 1028 Tait Street A-d
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
Features of 1028 Tait Street A-d
| MLS® # | 230018932 |
|---|---|
| Price | $2,999,999 |
| Sold Price | $3,112,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Acres | 0.00 |
| Year Built | 1962 |
| Type | Residential Income |
| Status | SOLD |
Community Information
| Address | 1028 Tait Street A-d |
|---|---|
| Area | OCEANSIDE (92054) |
| Subdivision | Myers Addition |
| City | OCEANSIDE |
| County | San Diego |
| State | CA |
| Zip Code | 92054 |
Amenities
| # of Garages | 4 |
|---|---|
| View | Ocean |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall/Gravity |
|---|---|
| Cooling | N/K |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Stucco |
|---|---|
| Lot Description | Public Street |
| Roof | Composition |
Additional Information
| Date Listed | September 27th, 2023 |
|---|---|
| Date Sold | November 7th, 2023 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Office | Compass |