RARE Opportunity. 4 Units - 1 Blck to the Ocean. Long Term Rental Cap Rate 3.75; GRM 17.8. Short Term Rental Cap Rate 8; GRM 9.7. Property is currently being utilized as short term rentals for all units. No STR restrictions in Oceanside. Capitalize day 1 on either market long term rents or maximize profits as STRs. Property also consists of (4) 1 car garages - ADU potential. Value Add. Tait street features (2) 2 bedroom 2 bath cottage style units and (2) 1 bedroom 1 bath upper floor units with ocean views. On site laundry, private courtyard, close to major highways, beaches, shopping, dinning, attractions, and Camp Pendleton. This turnkey property is ideal for investors seeking a low maintenance, highly profitable, beach side investment. OM attached in MLS documents section. Seller open to seller carryback financing
Data was last updated December 10, 2023 at 07:10 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$1,995,000
Min list price:
$975,000
Max list price:
$5,890,000
Avg days on market:
111
Min days on market:
5
Max days on market:
1,024
Avg price per sq.ft.:
$215.24
These statistics are generated based on the current listing's property type
and located in
Coastal North. Average values are
derived using median calculations.