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$4,095,000
Est. payment /mo
5 Beds
3 Baths
8,720 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Pending
Purchase Type For Sale
Square Footage 8,720 sqft
Price per Sqft $469
MLS Listing ID 250035382
Bedrooms 5
Property Sub-Type Com-Res Income
Property Description
CBRE is pleased to present the opportunity to purchase 421 N Weitzel Street, a value-add 12-unit apartment building located west of Interstate 5 within the conspicuously up-and-coming and rapidly transforming beach community of Oceanside, CA. The property's Very Walkable location (87 Walk Score) places it within walking distance of a multitude of restaurant options along California's historic Highway 101 as well as multiple irreplaceable amenities including the iconic Oceanside Pier, The Strand Beach, one of San Diego County's only Michelin Star rated restaurants and multiple 4-star beach resorts. The property's location also places it within 2 minutes of the Interstate 5 onramp, providing it with convenient commuter access to several of San Diego County's major employment centers such as Camp Pendleton (7 minutes), the Palomar Airport Corridor (16 minutes), North City / California State San Marcos (28 minutes) and UTC (29 minutes). With its vibrant coastal setting, relative affordability compared to competing coastal markets, award-winning school district and easy commute times to major employment centers, Oceanside has become one of San Diego County's leading life-style destinations for young families, young professionals and military personnel alike. 421 N Weitzel Street presents an ideal opportunity for any investor seeking to combine immediate value creation through property renovations while also benefiting from the significant long-term upside offered by the property's rare and under-utilized coastal location.
Location
State CA
County San Diego
Area Coastal North
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 147-230-28-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/250035382
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Listed by Michael Robert Greiner, DRE#01844828 CBRE
Nearby School & Business
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