902 South Pacific Street

Oceanside, CA 92054

$2,699,000
Price
3
Beds
4
Baths
3,000 Sq. Ft.
$900 / Sq. Ft.
3,000
Sq. Ft.
$900
per Sq. Ft.

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.
  1. Listed by Joseph D Silva • DRE #02158753 • Brokerage DRE #02005015 • Stravinsky Holdings, Inc.
  2. Listed by Aurmon Banitaba • Brokerage DRE #02005015 • Keller Williams Realty Central Coast

Property Details for 902 South Pacific Street

Area
92054 - Oceanside
Neighborhood
Oceanside
Community
OCEANSIDE
City Postal ID
OCEANSIDE (92054)
Cross Street(s)
Hayes St
LISTING UPDATED: 11/18/2024 12:51 PM

Property Details for 902 South Pacific Street

StatusActive
MLS #240026159
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size-
CountySan Diego County

Building Information for 902 South Pacific Street

Stories2Residences-Year Built1937Building Size-Lot Size-

Property Information for 902 South Pacific Street

Summary Information
Property and Location
  • System ID: 240026159
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 1937
  • Street Number Numeric: 902
  • Street Direction: S
  • Street Name: Pacific St
  • Age Restrictions: N/K
  • Market Area: Coastal North
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Supplement
  • Supplement: 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.
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 4
  • Num of Units w/Cooling: 4
  • Cooling: None
Exterior Features
  • Exterior: Wood
  • Roof: Composition
  • Fencing: Partial
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: Yes
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: City/County Records
  • Zoning: RT
  • Complex/Park: none
  • Assessors Parcel Num: 150-354-01-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 904
  • Parking Spaces Tot-Unit 1: 0
  • Unit 1 Num of Bedrooms: 1
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $0
  • Unit 1 Estimated SqFt: 850
  • Unit 1 Exclusive Use Yard: No
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $3,295
  • Unit 1 Rent Actual: $1,950
Unit 2
  • Unit Num for Unit 2: 902
  • Parking Spaces Tot-Unit 2: 0
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Estimated SqFt: 850
  • Unit 2 Exclusive Use Yard: No
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Vacant
  • Unit 2 Projected Rent: $3,295
  • Unit 2 Rent Actual: $0
Unit 3
  • Unit Num for Unit 3: 902A
  • Parking Spaces Tot-Unit 3: 0
  • Unit 3 Num of Bedrooms: 0
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $0
  • Unit 3 Estimated SqFt: 550
  • Unit 3 Exclusive Use Yard: No
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 3 Occupied: Vacant
  • Unit 3 Projected Rent: $2,950
  • Unit 3 Rent Actual: $0
Unit 4
  • Unit Num for Unit 4: 902B
  • Parking Spaces Tot-Unit 4: 0
  • Unit 4 Num of Bedrooms: 1
  • Unit 4 Num of Total Baths: 1
  • Unit 4 Deposit: $0
  • Unit 4 Estimated SqFt: 750
  • Unit 4 Exclusive Use Yard: No
  • Unit 4 Laundry Hook Ups: Yes
  • Unit 4 Occupied: Vacant
  • Unit 4 Projected Rent: $3,295
  • Unit 4 Rent Actual: $0

Property History for 902 South Pacific Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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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902 South Pacific Street is a multi-family home for sale in Oceanside, CA 92054. This property was listed for sale on November 6, 2024 by Stravinsky Holdings, Inc., it's currently listed at $2,699,000. This listing's school district is Oceanside Unified School District. Nearby schools include South Oceanside Elementary School, Lincoln Middle School and Ocean Shores High (Continuation) School. 902 South Pacific Street is a 3-bed, 4-bath, 3,000 sqft multi-family home built in 1937.

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Listing Courtesy of Stravinsky Holdings, Inc., Joseph D Silva, DRE #02158753; Keller Williams Realty Central Coast, Aurmon Banitaba

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