About 834 S Pacific
Plug and Play operation for future buyer! Stunning property with 4 luxury units, each offering a perfect blend of comfort, style and ocean views. Just steps away from the beach and short walk to downtown Oceanside. Each unit is impeccably maintained and beautifully furnished, creating a luxurious yet cozy atmosphere. With its prime location and appealing features, this property is a lucrative income-generating investment, attracting vacationers year round. (2) 3/2 units with private use ocean view patio's, (1) 2/1 unit with private use ocean view deck, (1) ADU 30 day+. Gross income projections over $400k. Owner has approval pending for an additional stand alone 5th unit (2 story, 2/2 with garage, 1400 sf). Long term rental cap rate 3.25%, STR cap rate 7.25% with upside to build additional unit as STR.
Features of 834 S Pacific
| MLS® # | 240020300 |
|---|---|
| Price | $4,850,000 |
| Bedrooms | 9 |
| Bathrooms | 6.00 |
| Acres | 0.17 |
| Year Built | 2000 |
| Type | Residential Income |
| Status | ACTIVE |
Community Information
| Address | 834 S Pacific |
|---|---|
| Area | OCEANSIDE (92054) |
| Subdivision | Pacific St |
| City | OCEANSIDE |
| County | San Diego |
| State | CA |
| Zip Code | 92054 |
Amenities
| Amenities | Spa/Hot Tub |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Cooling | Central Forced Air, Wall/Window |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior | Stucco |
|---|---|
| Roof | Composition |
Additional Information
| Date Listed | August 27th, 2024 |
|---|---|
| Days on Market | 28 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Office | Fathom Realty Group, Inc |
Price History for MLS #240020300
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,999,000 to $4,850,000 |