2036 Canyon Dr, Oceanside, CA 92054

$4,425,000

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List Price
$4,425,000
Price Change
▲ $175,000 1793152760
Status
ACTIVE
MLS#
260025767SD
Days on Market
2
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

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

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
14
Gross Scheduled Income
$415,393
Operating Expense
146274

Listing courtesy of Listing Agent: Michael Greiner (michael.greiner@cbre.com) from Listing Office: CBRE.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.