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$ 4,425,000
Est. payment | /mo
$ 4,425,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260025767SD
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
CBRE is pleased to present the opportunity to acquire 2036 Canyon Dr, a 14-unit apartment community in Oceanside, California. Comprised entirely of two-bedroom, twobathroom units, the property offers investors the opportunity to increase revenue through unit upgrades while also benefiting from future ADU development potential. The property is located near Oceanside's downtown corridor, beaches, and a wide range of retail, dining, and entertainment options, including the Oceanside Pier, The Strand, and Oceanside Harbor. Residents also benefit from convenient access to Interstate 5, Highway 76, and the Oceanside Transit Center, providing connectivity throughout San Diego and Orange Counties. Oceanside continues to attract investment as one of North County's most active rental markets. The city's growing employment base, ongoing redevelopment efforts, and relative affordability compared to neighboring coastal communities continue to drive rental demand from professionals, families, and military personnel stationed at nearby Camp Pendleton. 2036 Canyon Dr presents the opportunity to acquire a welllocated asset with a desirable unit mix and meaningful upside potential. The property's large two-bedroom floor plans appeal to a broad tenant base, while the ability to add ADUs provides a clear path to future income growth and increased asset value. The combination of in-place cash flow, value-add potential, and development upside makes this a compelling investment opportunity in one of Southern California's strongest coastal submarkets. Please do not disturb the tenants
Location
State CA
County San Diego
Area 92054 - Oceanside
Interior
Fireplace No
Exterior
Total Parking Spaces 28
Others
Tax ID 1493601300
Listed by Michael Greiner CBRE #01844828