Sea Walk Apartments

14 Unit Apartment Building | $6,600,000 ($471,429/Unit) | 3.67% Cap Rate | Oceanside, CA 92054

Asking Price $6,600,000

Property Type: Multifamily
Square Feet: 7,231 SF

Listing Contacts

Angelo La Bruna

Verified Profile

Property Info

Property Overview

Don’t miss this 14-unit apartment complex in Coastal Oceanside. The property is situated on a 9,437sf lot and consists of ten (10) 1Bed / 1Bath units, one (2) 2Bed / 1Bath, and two (2) Studios. There are twelve (12) single-car garages. With 27% upside in rents, this asset is primed for a reposition to capture market rents.
Two blocks to the brand new hotels (Seabird Resort & Mission Pacific Hotel), and three blocks to the Oceanside Pier; this 14-Unit complex is primed for growth in one of San Diego’s fastest growing submarkets. Brand New Roof. 14th Unit (rooftop studio) can be permitted; however is currently nonconforming.

Property Details

Class: B
Year Built: 1971
Stories: 2
Lot Size (sq. ft): 10,019 SF
Units: 14

Highlights

Phenomenal Location in Coastal Oceanside
Trophy Asset Near Downtown
Ten (10) 1bd/1ba; Two (2) 2bd/1ba; Two (2) Studios
Twelve (12) Single-Car Garages
Brand New Roof

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