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902 S Pacific St

Oceanside, CA 92054

PRICE REDUCED

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-$200,000 (-7.41%)

$2,499,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1937

calendar_month Built

Property Description

Seller financing available. RT Zoning offering STR Investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity. 902 Pacific St presents a rare investment opportunity just steps from the ocean in Oceanside’s highly sought-after coastal zone. This prime coastal asset will be delivered vacant, providing buyers with an immediate opportunity to execute value-add improvements and reposition the property to maximize returns. With RT zoning, developers have the ability to build up to 35 feet high and are permitted to construct 4 units by right, with additional ADU opportunities to further enhance density and income potential. The property already features two units with STR licenses, offering proven short-term rental income potential with a projected gross annual income of $314,460. Combined with its vacant delivery, investors can quickly upgrade all units to boost revenue and long-term value. Seller financing is available, offering qualified buyers increased flexibility and making this exceptional opportunity even more accessible. Oceanside is experiencing rapid economic growth and development, driving strong rental demand and property appreciation. Its premium coastal location, paired with flexible zoning and development incentives, positions investors and developers to capitalize on increasing short-term rental opportunities while benefiting from the area’s vibrant amenities and employment options. With its vacant delivery, high development potential, and seller financing available, 902 Pacific St is an unparalleled opportunity for investors and developers to acquire and elevate a prime coastal asset in one of California’s fastest-growing markets.

Listing Information

List Price $2,499,000
Status Active
MLS 240026159SD
HOA $0
Type Residential Income
Year Built 1937
Lot Size N/A
Structure Size N/A
DOM 42
Courtesy Of Stravinsky Holdings, Inc.
Listing Agent Joseph Silva DRE#02158753
Co-Listing Agent Aurmon Banitaba DRE#02040003

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

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Listing information courtesy of: Joseph Silva, Aurmon Banitaba, Stravinsky Holdings, Inc. 559-967-5913. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 19th, 2024 at 6:04 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.