HomeSmart Realty West
Jessica Nguyen, HomeSmart Realty WestPhone: (858) 405-0441
Email: [email protected]
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listing
1 of 10
Land
$6,500,000
925 S Pacific St #Lots 12 Through 14, Block D, Map 984,
Oceanside, CA 92054
Listing Provided Courtesy of Cbre
MLS: SDMLS
9,750Sq Ft
Est. Mortgage
$33,652/mo

CBRE is pleased to present an extremely rare waterfront development opportunity with an existing income-producing fourplex to hedge against holding costs. 925 S Pacific St contains a four-unit residential building on a 9,750 SF oceanfront parcel with 75 feet of exclusive beach frontage. Current zoning allows for the development of up to 10 residential units and short-term rental operations. This coveted street of prime Southern California real estate commands astonishing pricing with the most recent transaction on S Pacific St of a 1970s construction condo trading at $1384 per sqft. This rare strip of real estate is one of the few in the county that offers a parcel that backs up directly to the Pacific Ocean providing for significantly more privacy and exclusive beach frontage. The existing fourplex consists of (1) 4 bedroom/2 bath, (2) 1 bedroom/1 bath, and (1) Studio unit.

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Listing Courtesy of Cbre. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 12/02/2021 09:58 AM
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