Active

810 Acacia Ave

Oceanside CA, 92058

$1,500,000


$416.67 per sqft

Active

8 Beds

4 Baths

3,600 sqft

Multi-family

Built in 1963

Nestled just under 2 miles from the iconic Oceanside Pier, 810 Acacia Ave offers a prime value-add investment opportunity in the rapidly growing Oceanside market. This 4-unit property, built in 1963, sits on an above grade raised lot in a low-density residential neighborhood. Featuring a desirable unit mix of spacious 2-bedroom, 1-bath units, the property boasts a solid concrete slab foundation, a durable pitched roof, and off-street parking in the rear. The property is ideally situated across from Mission Elementary and Jefferson Middle School and provides residents with convenient access to the beach, shopping, transportation, and local schools. Additionally, an unused laundry room presents an immediate income-generating opportunity for the new owner as well as an added amenity for the residents. Current ownership has implemented strategic improvements, including re-routing plumbing out of the slab to prevent costly slab leaks. Starting February 1, 2025, rent increases will go into effect, further boosting cash flow. Ownership has also instituted RUBS (Ratio Utility Billing System) at $150 per unit per month, ensuring efficient utility cost recovery. With an impressive 60% upside potential, this property is a rare find for investors seeking a strong return in one of Southern California's most desirable coastal markets

250016898

MLS ID

January 21, 2025

Listed

January 21, 2025

Updated

Map

810 Acacia Ave
Oceanside CA, 92058

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

4


Full Bathrooms

4


Appliances

Range/Oven


Laundry Description

Laundry Facilities


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall/Gravity

Exterior/Building Features

Roof

Composition

School Information

School District

Oceanside Unified School District

Other Property Details

Area Name

Coastal North


Days on Market

1


Garage

No


Parking

Non-Garage(Uncovered)


View

No


County

San Diego


Water Source

Meter on Property


Pool

No

Listed by South Coast Commercial, Inc., Gary Kaufman,
Listing Contact: 619-226-6011 

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