1028 Tait St, Oceanside, CA 92054
- $3,112,000
- 6
- BD
- 6
- BA
- Sold Price
- $3,112,000
- List Price
- $2,999,999
- Closing Date
- Nov 07, 2023
- Days on Market
- 41
- Status
- CLOSED
- MLS#
- 230018932
- Bedrooms
- 6
- Bathrooms
- 6
- City
- Oceanside
- Neighborhood
- Oceanside
- Complex/Building Name
- N/A
- Property Type
- Multifamily
- Year Built
- 1962
Property Description
RARE Opportunity. 4 Units - 1 Blck to the Ocean. Long Term Rental Cap Rate 3.75; GRM 17.8. Short Term Rental Cap Rate 8; GRM 9.7. Property is currently being utilized as short term rentals for all units. No STR restrictions in Oceanside. Capitalize day 1 on either market long term rents or maximize profits as STRs. Property also consists of (4) 1 car garages - ADU potential. Value Add. Tait street features (2) 2 bedroom 2 bath cottage style units and (2) 1 bedroom 1 bath upper floor units with ocean views. On site laundry, private courtyard, close to major highways, beaches, shopping, dinning, attractions, and Camp Pendleton. This turnkey property is ideal for investors seeking a low maintenance, highly profitable, beach side investment. OM attached in MLS documents section. Seller open to seller carryback financing
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Additional Information
- Building Name
- N/A
- Cooling
- None
- Heating
- Gravity
- Neighborhood
- Oceanside
- Roof
- Composition
- View
- Ocean
- Year Built
- 1962
Mortgage Calculator
Listing courtesy of Listing Agent: Kelsey Olson (319-750-9695) from Listing Office: Compass.
Selling Office: Broker Groves, Inc.
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