925 S Pacific St, OCEANSIDE, CA

$6,500,000

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6

Beds

5

Baths

0.22

Acres

About 925 S Pacific St

Pleased to present an extremely rare waterfront fourplex in San Diego County. This opportunity allows an investor to acquire a rare trophy asset that can provide day 1 cashflow as a short-term rental, an amazing live-in scenario with attractive residential financing, and allows a investor to acquire a property with future development potential. The property is forecasted to achieve north of a 6.21% cap rate as a short-term rental operation post renovation. RT-CZ zoning on this 9750 Sqft beach parcel allows for short-term rental operations as well as future development opportunity with significant additional square footage and up to 10 dwelling units. Building to be delivered vacant to next owner for maximum flexibility

Features of 925 S Pacific St

MLS® # 210025693
Price $6,500,000
Bedrooms 6
Bathrooms 5.00
Acres 0.22
Year Built 1945
Type Residential Income
Status SOLD

Community Information

Address 925 S Pacific St
Area OCEANSIDE (92054)
Subdivision Beach
City OCEANSIDE
County San Diego
State CA
Zip Code 92054

Amenities

# of Garages 1
View Ocean, Panoramic Ocean
Is Waterfront Yes
Has Pool No

Interior

Cooling N/K
Fireplace Yes
# of Fireplaces 2
# of Stories 2

Exterior

Exterior Wood/Stucco
Lot Description West of I-5
Roof Wood

Additional Information

Date Listed September 9th, 2021
Days on Market 180
Zoning RT-CZ
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCBRE

Listing Map

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