Investment Overview

104 Avenida Las Brisas is a four-unit garden-style apartment building in the scenic coastal city of Oceanside, California. Situated just off the 76 Freeway, the property is only 6 miles from the Pacific Ocean, offering both convenience and proximity to the coast. The offering includes four units: (3) 2-bedroom/2-bath units and (1) 3-bedroom/2-bath townhouse-style unit, with a total living area of 4,097 sq ft. The average unit size exceeds 1,000 sq ft, and the lot is larger than most surrounding properties, sitting on 11,934 sq ft (0.27 acres). This property presents an excellent opportunity for both investors and owner-occupiers, as buyers can live in one unit while generating income from the remaining three. Additionally, the property qualifies for high-leverage residential financing, with as little as 10% down for a 30-year fixed mortgage. Owned since 2015, the sellers have meticulously updated and maintained the property over the past 8+ years. Improvements include a partial roof replacement, select units with modernized kitchens, bathrooms, flooring, AC units, and appliances. North County San Diego, where Oceanside is located, remains one of the most desirable places to live, with steady population growth and a stable rental market. The new owner can expect continued rental demand and growth potential in this sought-after area.