SOLD
May 27, 2022
-
$6,175,000
About 925 S Pacific St
Pleased to present an extremely rare waterfront fourplex in San Diego County. This opportunity allows an investor to acquire a rare trophy asset that can provide day 1 cashflow as a short-term rental, an amazing live-in scenario with attractive residential financing, and allows a investor to acquire a property with future development potential. The property is forecasted to achieve north of a 6.21% cap rate as a short-term rental operation post renovation. RT-CZ zoning on this 9750 Sqft beach parcel allows for short-term rental operations as well as future development opportunity with significant additional square footage and up to 10 dwelling units. Building to be delivered vacant to next owner for maximum flexibility
Features of 925 S Pacific St
| MLS® # | 210025693 |
|---|---|
| Price | $6,500,000 |
| Sold Price | $6,175,000 |
| Bedrooms | 6 |
| Bathrooms | 5.00 |
| Acres | 0.22 |
| Year Built | 1945 |
| Type | Residential Income |
| Status | SOLD |
Community Information
| Address | 925 S Pacific St |
|---|---|
| Area | OCEANSIDE (92054) |
| Subdivision | Beach |
| City | OCEANSIDE |
| County | San Diego |
| State | CA |
| Zip Code | 92054 |
Amenities
| # of Garages | 1 |
|---|---|
| View | Ocean, Panoramic Ocean |
| Is Waterfront | Yes |
| Has Pool | No |
Interior
| Cooling | N/K |
|---|---|
| Fireplace | Yes |
| # of Fireplaces | 2 |
| # of Stories | 2 |
Exterior
| Exterior | Wood/Stucco |
|---|---|
| Lot Description | West of I-5 |
| Roof | Wood |
Additional Information
| Date Listed | September 9th, 2021 |
|---|---|
| Date Sold | May 27th, 2022 |
| Zoning | RT-CZ |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Office | CBRE |
Price History for MLS #210025693
| Date | Details | Change |
|---|---|---|
| Price Increased from $6,499,000 to $6,500,000 | ||
| Price Reduced from $6,500,000 to $6,499,000 |