Oceanside, CA 92058,810 Acacia Ave
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Oceanside, CA 92058,810 Acacia Ave
Oceanside, CA 92058,810 Acacia Ave
Oceanside, CA 92058,810 Acacia Ave
Oceanside, CA 92058,810 Acacia Ave
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$ 1,500,000
Est. payment /mo
Active

810 Acacia Ave Oceanside, CA 92058

8 Beds

4 Baths

900 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 900 sqft

Price per Sqft $1,666

Subdivision Oceanside

MLS Listing ID 250016898

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1963

Lot Size 6,098 Sqft

Property Sub-Type Res Income 2-4 Units

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

Location

State CA

County San Diego

Community Oceanside

Area Oceanside (92058)

Building/Complex Name Acacia 4 Plex

Interior

Appliance Wall/Gravity

Exterior

Exterior Feature Wood/Stucco

Fence Partial

Community Features Laundry Facilities

Complex Features Laundry Facilities

Roof Type Composition

Building

Story 2

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 2 Story

Schools

Elementary Schools Oceanside Unified School District

Middle Schools Oceanside Unified School District

High Schools Oceanside Unified School District

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $1,650

Listing Terms Cash, Conventional, Exchange


San Diego Regional MLS (SDMLS)
Listed by Gary Kaufman • South Coast Commercial, Inc.
agent

Derek Jones

Agent | License ID: 02167577

+1(619) 980-2712

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810 Acacia Ave