Joe McLaughlin / Broker Associate

My Office Listings

1028 Tait Street A-D
Coastal North Oceanside 92054

$3,112,000
2-4 Units built: 1962

SOLD OVER THE LISTING PRICE!
Main Photo: OCEANSIDE Property for sale: 1028 Tait Street A-D
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Status:
Sold
Prop. Type:
2-4 Units
MLS® Num:
230018932
Sold Date:
Nov 07, 2023
Year Built:
1962
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
Price:
$3,112,000
Property Type:
2-4 Units
Year Built:
1962
MLS® Num:
230018932
Status:
Sold
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Data was last updated June 21, 2024 at 07:10 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$3,749,000
Min list price:
$1,800,000
Max list price:
$6,995,000
Avg days on market:
75
Min days on market:
14
Max days on market:
235
Avg price per sq.ft.:
$381.01
These statistics are generated based on the current listing's property type and located in Coastal North. Average values are derived using median calculations.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego Multiple Listing Service, Inc.