810 Acacia Ave Active Save Request In-Person Tour Request Virtual Tour
Oceanside,CA 92058
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 900 sqft
Price per Sqft $1,666
Subdivision Oceanside
MLS Listing ID 250016898
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1963
Lot Size 6,098 Sqft
Property Sub-Type Res Income 2-4 Units
Property 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 California's most desirable coastal markets
Location
State CA
County San Diego
Community Oceanside
Area Oceanside (92058)
Building/Complex Name Acacia 4 Plex
Interior
Appliance Wall/Gravity
Exterior
Exterior Feature Wood/Stucco
Fence Partial
Community Features Laundry Facilities
Complex Features Laundry Facilities
Roof Type Composition
Building
Story 2
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 2 Story
Schools
Elementary Schools Oceanside Unified School District
Middle Schools Oceanside Unified School District
High Schools Oceanside Unified School District
Others
Acceptable Financing Cash,Conventional,Exchange
Space Rent $1,650
Listing Terms Cash,Conventional,Exchange