$2,190,000
- Beds
- Unknown
- sq ft
- Unknown
1232 Division St, Oceanside, CA 92054
1232 Division St
Oceanside, CA 92054
- 58 days on market
We are pleased to present 1232 Division St, a well maintained 6-unit apartment complex located in the coastal neighborhood of Oceanside, San Diego. The property is comprised of one (1) studio, two (2) one-bedroom/ one-bathroom units, two (2) two-bedroom units, and one (1) three-bedroom unit that total approximately 5,400 rentable square feet. The property contains three (3) single-car garages. All units are separately metered for electric and on one meter for water. RUBs are in-place. Overall, Oceanside’s rents have grown by 10.8% in the past year and the 2.0% vacancy rate is trending at an all-time low. The property presents the potential to capture significant rent premiums by leveraging rental market momentum and executing an interior and exterior renovation program. Notably, the downtown Oceanside district is steeped in many new development projects, including luxury condominiums, beachfront hotels, timeshares, retail, and commercial space. The 78 Corridor boasts one of the most diverse, dynamic economies in the country, with high paying technical manufacturing jobs fortified by ViaSat, Genentech, Ionis Pharmaceuticals, and Fisher Scientific. Camp Pendleton, with its large daily population of 80,000 personal, also contributes significantly to the inelastic source of demand for housing.
Details
Property type
Lot size
Unknown
Price per sq ft
Unknown
Year built
Unknown
Price History
10/28/2024
SanDiego #240026924
Listed
$2,190,000
-12.36%
08/13/2024
SanDiego #SDC0000843
Removed
$2,499,000
06/19/2024
SanDiego #SDC0000843
Price change
$2,499,000
-21.91%
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 12/24/2024 at 7:10 PM
Listing updated: 11/19/2024 at 1:51 PM
Listed by: Austin Huffman, Marcus & Millichap Phone #: (818) 212-2250
MLS: SanDiego #240026924
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