902 South Pacific Street
Description
902 Pacific St presents a rare investment opportunity just steps from the ocean in Oceanside’s highly sought-after coastal zone. This prime coastal asset will be delivered vacant, providing buyers with an immediate opportunity to execute value-add improvements and reposition the property to maximize returns. With RT zoning,...Seller financing available. RT Zoning offering STR Investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity.
902 Pacific St presents a rare investment opportunity just steps from the ocean in Oceanside’s highly sought-after coastal zone. This prime coastal asset will be delivered vacant, providing buyers with an immediate opportunity to execute value-add improvements and reposition the property to maximize returns. With RT zoning, developers have the ability to build up to 35 feet high and are permitted to construct 4 units by right, with additional ADU opportunities to further enhance density and income potential. The property already features two units with STR licenses, offering proven short-term rental income potential with a projected gross annual income of $314,460. Combined with its vacant delivery, investors can quickly upgrade all units to boost revenue and long-term value. Seller financing is available, offering qualified buyers increased flexibility and making this exceptional opportunity even more accessible. Oceanside is experiencing rapid economic growth and development, driving strong rental demand and property appreciation. Its premium coastal location, paired with flexible zoning and development incentives, positions investors and developers to capitalize on increasing short-term rental opportunities while benefiting from the area’s vibrant amenities and employment options. With its vacant delivery, high development potential, and seller financing available, 902 Pacific St is an unparalleled opportunity for investors and developers to acquire and elevate a prime coastal asset in one of California’s fastest-growing markets.
- 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
Property Details for 902 South Pacific Street
| Status | Active |
|---|---|
| MLS # | 240026159 |
| Days on Market | 56 |
| 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
Property Information for 902 South Pacific Street
- 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
- Monthly Total Fees: $0
- CFD/Mello-Roos Fee: $0
- Other Fees: $0
- Virtual Tour Link: https://www.propertypanorama.com/instaview/snd/240026159
- Supplement: 902 Pacific St presents a rare investment opportunity just steps from the ocean in Oceanside’s highly sought-after coastal zone. This prime coastal asset will be delivered vacant, providing buyers with an immediate opportunity to execute value-add improvements and reposition the property to maximize returns. With RT zoning, developers have the ability to build up to 35 feet high and are permitted to construct 4 units by right, with additional ADU opportunities to further enhance density and income potential. The property already features two units with STR licenses, offering proven short-term rental income potential with a projected gross annual income of $314,460. Combined with its vacant delivery, investors can quickly upgrade all units to boost revenue and long-term value. Seller financing is available, offering qualified buyers increased flexibility and making this exceptional opportunity even more accessible. Oceanside is experiencing rapid economic growth and development, driving strong rental demand and property appreciation. Its premium coastal location, paired with flexible zoning and development incentives, positions investors and developers to capitalize on increasing short-term rental opportunities while benefiting from the area’s vibrant amenities and employment options. With its vacant delivery, high development potential, and seller financing available, 902 Pacific St is an unparalleled opportunity for investors and developers to acquire and elevate a prime coastal asset in one of California’s fastest-growing markets.
- Num of Units w/Dishwashers: 4
- Num of Units w/Cooling: 4
- Cooling: None
- Exterior: Wood
- Roof: Composition
- Fencing: Partial
- Security: N/K
- 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
- 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: 750
- 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 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: 750
- 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 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: 263
- 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 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: 600
- 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
| Date | Event & Source | Price | Appreciation |
|---|
| 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
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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Listing Courtesy of Stravinsky Holdings, Inc., Joseph D Silva, DRE #02158753; Keller Williams Realty Central Coast, Aurmon Banitaba
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