445 Garrison Street, Oceanside, CA

$14,715,000

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3

Beds

3

Baths

2.19

Acres

About 445 Garrison Street

Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the propertys storage spaces into studio accessory dwelling units.

Features of 445 Garrison Street

MLS® # OC24011401
Price $14,715,000
Bedrooms 3
Bathrooms 3.00
Acres 2.19
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Pending

Community Information

Address 445 Garrison Street
Area OCEANSIDE (92054)
City Oceanside
County San Diego
State CA
Zip Code 92054

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes
Stories 2 Story

Exterior

Lot Description Curbs,Sidewalks

Additional Information

Date Listed January 18th, 2024
Days on Market 160
Zoning Assessor
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarcus & Millichap RE Invest

Listing Map

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