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  • MLS#: 250016898SD ( )
  • Street Address: 810 Acacia Ave
  • Viewed: 2
  • Price: $1,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 17
  • Additional Information
  • County: SAN DIEGO
  • City: Oceanside
  • Zipcode: 92058
  • Subdivision: Oceanside
  • Provided by: South Coast Commercial, Inc.
  • Contact: Gary Gary
  • DMCA Notice
  • Description
    Nestled just under 2 miles from the iconic Oceanside Pier, 810 Acacia Ave offers a prime value add investment opportunity in the rapidly growing Oceanside market. This 4 unit property, built in 1963, sits on an above grade raised lot in a low density residential neighborhood. Featuring a desirable unit mix of spacious 2 bedroom, 1 bath units, the property boasts a solid concrete slab foundation, a durable pitched roof, and off street parking in the rear. The property is ideally situated across from Mission Elementary and Jefferson Middle School and provides residents with convenient access to the beach, shopping, transportation, and local schools. Additionally, an unused laundry room presents an immediate income generating opportunity for the new owner as well as an added amenity for the residents. Current ownership has implemented strategic improvements, including re routing plumbing out of the slab to prevent costly slab leaks. Starting February 1, 2025, rent increases will go into effect, further boosting cash flow. Ownership has also instituted RUBS (Ratio Utility Billing System) at $150 per unit per month, ensuring efficient utility cost recovery. With an impressive 60% upside potential, this property is a rare find for investors seeking a strong return in one of Southern Californias most desirable coastal markets
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Features
Association Fee
  1. 0.00
Cooling
  1. None
Country
  1. US
Fencing
  1. Partial
Levels
  1. Two
Netoperatingincome
  1. 53366.00
Parcel Number
  1. 1451620700
Park Name
  1. Acacia 4 Plex
Roof
  1. Composition
Sourcesystemkey
  1. 250016898:SDP
Subdivision Name Other
  1. Oceanside
Tenant Pays
  1. Electricity
  2. Gas
Year Built
  1. 1963