902 South Pacific Street
$2,699,000
3
4
3,000
3,000
$900
Description
Seller financing available. RT Zoning offering STR Investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity. Located just steps from the ocean, 902 Pacific St offers a unique and secure investment opportunity with remarkable short-term rental (STR) income potential. With RT zoning, this property allows investors to maximize income through flexible short-term rental options in Oceanside’s highly sought-after coastal zone, creating...Seller financing available. RT Zoning offering STR Investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity. Located just steps from the ocean, 902 Pacific St offers a unique and secure investment opportunity with remarkable short-term rental (STR) income potential. With RT zoning, this property allows investors to maximize income through flexible short-term rental options in Oceanside’s highly sought-after coastal zone, creating a lucrative opportunity in a fast-appreciating area. The property boasts impressive earning potential, with a projected gross annual income of $314,460 and two units already holding STR licenses. Additionally, three units present an immediate value-add opportunity, allowing for upgrades that can significantly enhance rental revenue and boost the property’s long-term value. With seller financing available, this offering provides added flexibility for qualified buyers, making it accessible to a range of investors. Perfect for those looking to balance lifestyle and income, this property suits investors who want to live in one unit while renting out others to offset mortgage costs. Residents and tenants alike will enjoy the tranquility of coastal living paired with easy access to Oceanside’s vibrant amenities and employment opportunities. Oceanside is experiencing rapid development, contributing to strong rental growth and property value increases. The property’s RT zoning allows for even greater investment potential, with density and development incentives adding further appeal to this prime coastal location. With its strategic location and investment-friendly zoning, 902 Pacific St is an exceptional find in a thriving market.
- Listed by Joseph D Silva • DRE #02158753 • Brokerage DRE #02005015 • Stravinsky Holdings, Inc.
- Listed by Aurmon Banitaba • Brokerage DRE #02005015 • Keller Williams Realty Central Coast
Property Details for 902 South Pacific Street
Area
92054 - Oceanside
NeighborhoodOceanside
CommunityOCEANSIDE
City Postal IDOCEANSIDE (92054)
Cross Street(s)Hayes St
LISTING UPDATED: 11/18/2024 12:51 PM
Property Details for 902 South Pacific Street
Status | Active |
---|---|
MLS # | 240026159 |
Days on Market | 14 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1937 |
Lot Size | - |
County | San Diego County |
Building Information for 902 South Pacific Street
Stories2Residences-Year Built1937Building Size-Lot Size-
Property Information for 902 South Pacific Street
Property History for 902 South Pacific Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 902 South Pacific Street
This home is within Oceanside Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
South Oceanside Elementary School PublicK to 5 | ||
Lincoln Middle School Public6 to 8 | ||
Ocean Shores High (Continuation) School Public9 to 12 | ||
Oceanside High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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