308 S The Strand, Oceanside, CA 92054
308 S The Strand, Oceanside, CA 92054
308 S The Strand, Oceanside, CA 92054
308 S The Strand, Oceanside, CA 92054
308 S The Strand, Oceanside, CA 92054
308 S The Strand, Oceanside, CA 92054
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 14,000,000
Est. payment | /mo

10,018 Sqft Lot

Save
$ 14,000,000
Est. payment | /mo
Save

10,018 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260023450SD

HOA Y/N No

Lot Size 10,018 Sqft

Property Sub-Type Mixed Use

Property Description

Marbella is an oceanfront multifamily property comprised of 21 units in 4 separate buildings, including studios, one-bedrooms, and a large 3-bedroom unit. In addition, there are 14 individual single-car garages. Marbella was completely renovated in 2021. All units have been fully remodeled and are fully furnished with stunning interior design. The property is located on Oceanside's famed “Strand” drive with beachfront views and steps to the sand. The downtown amenities, train station, and world-class restaurants are just a couple of blocks away, putting Marbella in the middle of what makes Oceanside one of California's most desired beach destinations. Marbella has been operated as a successful vacation rental property with ADR and RevPAR outperforming the market while maintaining its affordable value. There is an opportunity to reduce overall expenses by transitioning to monthly or leased rentals. The investor can transition 100% to monthly rentals or keep some of the units as vacation rentals to enjoy higher revenue through the summer months.

Location

State CA

County San Diego

Area 92054 - Oceanside

Zoning R-4

Interior

Heating Forced Air

Fireplace No

Exterior

Roof Type Tile

Total Parking Spaces 24

Others

Tax ID 1500721200

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Craig Stewart Acre Investment Real Estate #01060001

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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308 S The Strand

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