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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Data last updated 11:38 PM UTC, 1/21/2025