About 445 Garrison Street
Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the propertys storage spaces into studio accessory dwelling units.
Features of 445 Garrison Street
| MLS® # | OC24011401 |
|---|---|
| Price | $14,715,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Acres | 2.19 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Pending |
Community Information
| Address | 445 Garrison Street |
|---|---|
| Area | OCEANSIDE (92054) |
| City | Oceanside |
| County | San Diego |
| State | CA |
| Zip Code | 92054 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|---|
| Stories | 2 Story |
Exterior
| Lot Description | Curbs,Sidewalks |
|---|
Fees
| Mello Roos | $583 |
|---|---|
| Total Fees | $48 |
Additional Information
| Date Listed | January 18th, 2024 |
|---|---|
| Days on Market | 160 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Office | Marcus & Millichap RE Invest |
