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Multifamily

1210 S Nevada St

1210 S Nevada St, Oceanside, CA 92054

Listing Price: $4,850,000

Cap Rate
2.51%
Number of Units
11
GRM
21.73
Price/Unit
$440,909
Price/Gross SF
$610.14
Gross SF
7,949

Investment Overview

S Nevada has been renovated with luxury vinyl plank floors, new interior paint, kitchen cabinets, and granite countertops. There are eleven single-car garages and twelve offstreet parking spaces. The property features upgraded electrical panels, a gated entry, a courtyard, a private yard, and a private balcony. This asset will allow savvy investors to add value by renovating units further, upgrading major systems, raising rents to market, converting garages into ADUs, and holding an asset in one of the quickest appreciating beach neighborhoods.

Investment Highlights

  • Exceptionally Well Located Seven Blocks From Beach & Three Blocks from Restaurants. Attractive Unit Mix of Eight 2-Bed / 1-Bath & Three 1-Bed / 1-Bath Units.
  • Well Maintained and Upgraded Interiors and Ocean Views from Select Units. Abundant Off-street Parking (12 spaces) & Single Car Garages (11 single-car garages).
  • Potential Upside for Investors to Convert Garages into ADU's. Laundry Room with Washer Dryer. Massive Rental Upside of 79%.

Exclusively Listed By

Financing By

Multifamily

1210 S Nevada St

Listing Price: $4,850,000

Cap Rate
2.51%
Number of Units
11
GRM
21.73
Price/Unit
$440,909
Price/Gross SF
$610.14
Gross SF
7,949

Investment Highlights

  • Exceptionally Well Located Seven Blocks From Beach & Three Blocks from Restaurants. Attractive Unit Mix of Eight 2-Bed / 1-Bath & Three 1-Bed / 1-Bath Units.
  • Well Maintained and Upgraded Interiors and Ocean Views from Select Units. Abundant Off-street Parking (12 spaces) & Single Car Garages (11 single-car garages).
  • Potential Upside for Investors to Convert Garages into ADU's. Laundry Room with Washer Dryer. Massive Rental Upside of 79%.

Investment Overview

S Nevada has been renovated with luxury vinyl plank floors, new interior paint, kitchen cabinets, and granite countertops. There are eleven single-car garages and twelve offstreet parking spaces. The property features upgraded electrical panels, a gated entry, a courtyard, a private yard, and a private balcony. This asset will allow savvy investors to add value by renovating units further, upgrading major systems, raising rents to market, converting garages into ADUs, and holding an asset in one of the quickest appreciating beach neighborhoods.

Exclusively Listed By

Financing By

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