Description

We are pleased to present 1026–1036 S Pacific Street, an 11-unit apartment complex located in the highly desirable coastal neighborhood of Oceanside. The property features nine (9) 1-bedroom/ 1-bathroom units, two (2) 2-bedroom/ 1-bathroom units, and eleven (11) single-car garages, totaling approximately 6,575 rentable square feet. Each of the two buildings sits on its own parcel with separate utility metering, offering investors flexibility for future financing or partial sale strategies. With Oceanside rents increasing 10.8% year-over-year and vacancy rates at a historic low of 2.0%, this asset presents a compelling value-add opportunity through interior and exterior renovations. Located just 300 feet from the beach, the property is ideally positioned near major employers along the 78 Corridor — including ViaSat, Genentech & Ionis Pharmaceuticals - & benefits from consistent housing demand driven by nearby Camp Pendleton. Residents enjoy a vibrant coastal lifestyle with walkable access to beaches, restaurants, cafes, boutique shopping, and public transit options including Amtrak, Metrolink, and COASTER. This is a rare chance to acquire a well-located, income-producing asset in one of San Diego County’s most dynamic and rapidly growing rental markets. The property is fully occupied and no showings are available at this time.

Features

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