Description
Seller financing available. rt zoning offering str investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity. 3 of the 4 units to be delivered vacant at close of escrow. located just steps from the ocean, 902 pacific st offers a unique and secure investment opportunity with remarkable short-term rental (str) income potential. with rt zoning, this property allows investors to maximize income through flexible short-term rental options in oceanside’s highly sought-after coastal zone, creating a lucrative opportunity in a fast-appreciating area. the property boasts impressive earning potential, with a projected gross annual income of $314,460 and two units already holding str licenses. additionally, three vacant units present an immediate value-add opportunity, allowing for upgrades that can significantly enhance rental revenue and boost the property’s long-term value. with seller financing available, this offering provides added flexibility for qualified buyers, making it accessible to a range of investors. perfect for those looking to balance lifestyle and income, this property suits investors who want to live in one unit while renting out others to offset mortgage costs. residents and tenants alike will enjoy the tranquility of coastal living paired with easy access to oceanside’s vibrant amenities and employment opportunities. oceanside is experiencing rapid development, contributing to strong rental growth and property value increases. the property’s rt zoning allows for even greater investment potential, with density and development incentives adding further appeal to this prime coastal location. with its strategic location and investment-friendly zoning, 902 pacific st is an exceptional find in a thriving market.
Property Type
Residential IncomeCounty
San DiegoStyle
Residential IncomeAD ID
47572046
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
Interior Features
- Roof : Composition
Cooling Features
- None
- Air Conditioning
Heating Source
- Has Heating
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Exterior Features
Building Information
- Year Built: 1937
- Roof: Composition
Fencing
- Partial
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Source: Public Records
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Listing Information
Listing Price Information
- Original List Price: 2,699,000
- Listing Contract Date: 2024-11-06
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 1503540100
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 92054 - Oceanside
- Directions: CrossStreet: Hayes St
- Zoning: RT
- Source Property Type: Residential Income
- Area: 92054 - Oceanside
Building and Construction
- Property Age: 87
- Year Built Source: Vendor Enhanced
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 11/22/2024 @ 01:01
- MLS: 240026159SD
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Oceanside , in zip code 92054, this San Diego County Home , it is in the Oceanside Subdivision, are nearby neighborhoods.