902 S Pacific St, Oceanside, CA 92054 - MLS#240026159

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,499,000

Est. payment | -/mo

3 Beds

4 Baths

750 SqFt

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$ 2,499,000

Est. payment | -/mo

Save Virtual Tour Video Tour

3 Beds

4 Baths

750 SqFt

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 750 sqft

Price per Sqft $3,332

Subdivision Oceanside

MLS Listing ID 240026159

Bedrooms 3

Full Baths 4

HOA Y/N No

Year Built 1937

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County San Diego

Community Oceanside

Area Oceanside (92054)

Building/Complex Name none

Zoning RT

Exterior

Exterior Feature Wood

Fence Partial

Roof Type Composition

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange, Seller May Carry

Space Rent $1,950

Listing Terms Cash, Conventional, Exchange, Seller May Carry

Virtual Tour https://www.propertypanorama.com/instaview/snd/240026159

Listed by Joseph D Silva • Stravinsky Holdings, Inc.

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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902 S Pacific St Oceanside, CA 92054