Higgins Street Oceanside, CA 92058
Active
$1,195,000
3 Units
3 Beds
3 Baths
n/a Area(sq.ft.)
n/a Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| 0 | 0 | $ 0 | $ 0 | $ 0 |
| MLS #: | 240024470SD |
| Days On Market: | 35 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per unit: | $ 398,333 |
| Year Built: | 1958 |
Property Details
We are pleased to present 1506-8 Higgins Street. The three-unit complex sits on 0.11-acres and features a unit mix consisting of three (3) one-bedroom / one-bathroom units averaging 500 square feet. 1506-8 Higgins Street will certainly preserve its desirability due to an ideal location relative to the beach. Residents enjoy immediate access to the neighborhood’s most vibrant nightlife, restaurants, boutiques, Oceanside City Beach, and the Oceanside Pier. The apartment’s prime location within proximity to the beach ensures strong demand from both short-term vacationers and long-term renters seeking the coastal lifestyle. The allure of beachside living often translates to higher occupancy rates and the potential for premium rental prices. All three units were recently remodeled in 2024 with new stainless steel appliances, lighting, cabinets, windows, and flooring. The amenities include in-unit washer and dryer and patios with private yards for each unit. The property is also near the heart of a thriving downtown Oceanside steeped in new development. The 9-Block Master Plan (MPA) approved by the Coastal Commission, is only 1.5 miles from 1506-8 Higgins Street. The 9-Block Master Plan (MPA) is designed to assure high quality development for visitor oriented commercial facilities and accommodations. The MPA includes an approximate 283 luxury condominium units, 568 hotel rooms, 136 timeshares, and over 75,000 square feet of retail and commercial space. Oceanside’s Transit Center is also just 2 miles from the property.Interested in this Listing?
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Income Details
| Total Annual Expense: | $ 29,082 |
| Net Operating Income: | $ 51,342 |
| Cap Rate: | 4.3% |
| Gross Rent Multiplier: | 15.09 |
Structure
| Levels: | One |
| Complex Name: | N/A |
| Security Features: | None |
Land & Parking
Interior
| AC/Cooling: | Central Forced Air |
Exterior
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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