1232 Division Street, Oceanside, CA 92054
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Listed Price :
$2,190,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
We are pleased to present 1232 Division St, a well maintained 6-unit apartment complex located in the coastal neighborhood of Oceanside, San Diego. The property is comprised of one (1) studio, two (2) one-bedroom/ one-bathroom units, two (2) two-bedroom units, and one (1) three-bedroom unit that total approximately 5,400 rentable square feet. The property contains three (3) single-car garages. All units are separately metered for electric and on one meter for water. RUBs are in-place. Overall, Oceanside’s rents have grown by 10.8% in the past year and the 2.0% vacancy rate is trending at an all-time low. The property presents the potential to capture significant rent premiums by leveraging rental market momentum and executing an interior and exterior renovation program. Notably, the downtown Oceanside district is steeped in many new development projects, including luxury condominiums, beachfront hotels, timeshares, retail, and commercial space. The 78 Corridor boasts one of the most diverse, dynamic economies in the country, with high paying technical manufacturing jobs fortified by ViaSat, Genentech, Ionis Pharmaceuticals, and Fisher Scientific. Camp Pendleton, with its large daily population of 80,000 personal, also contributes significantly to the inelastic source of demand for housing.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
1232 Division Street |
| City |
Oceanside |
| State |
CA |
| Zip |
92054 |
| County |
San Diego |
| Listing Agent |
Austin Huffman DRE #01981817 |
| Courtesy Of |
Marcus & Millichap |
| List Price |
$2,190,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
N/A |
Listing information courtesy of: Austin Huffman, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:27 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.
