810 Acacia Ave

Oceanside, CA 92058

$1,500,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1963

calendar_month Built

Property Description

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

Listing Information

List Price $1,500,000
Status Active
MLS 250016898SD
HOA $0
Type Residential Income
Year Built 1963
Lot Size 6,098
Structure Size N/A
Courtesy Of South Coast Commercial, Inc.
Listing Agent Gary Kaufman DRE#01816761

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Maps

home_work Nearby Properties

Listing information courtesy of: Gary Kaufman, South Coast Commercial, Inc. 619-226-6011. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 21st, 2025 at 11:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.