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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Zach Arrington

Zach Arrington

+1(619) 374-5339
$ 14,000,000
Est. payment | /mo

19 Beds

21 Baths

7,901 SqFt

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

19 Beds

21 Baths

7,901 SqFt

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 7,901 sqft

Price per Sqft $1,771

MLS Listing ID 260023450

Bedrooms 19

Full Baths 21

Property Sub-Type Com-Res Income

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

Community Bbq, Ctv Avail

Area Coastal North

Zoning R-4

Direction Google it

Interior

Heating Central Forced Air Gas

Cooling Central Forced Air Elec

Flooring Slab, Wood

Fireplace No

Laundry Owned

Exterior

Parking Features Garages, Spaces

View Y/N No

Roof Type Tile

Total Parking Spaces 24

Building

Dwelling Type Apartment

Story 3

Others

Senior Community No

Tax ID 150-072-12-00

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

MLS Router / San Diego MLS
Listed by Craig Stewart, DRE#01060001 Acre Investment Real Estate 

Nearby Locations

Zach Arrington

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

+1(619) 374-5339

zach@zarealtygroup.com

1420 Kettner Blvd suite 100, San Diego, California 92101, USA

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308 S The Strand