1249 Division St, Oceanside, CA 92054

Property Description

Turnkey high output triplex in San Diego’s most Northern Coastal Beach Town of Oceanside. 4.43% proforma cap rate with just one rent increase! The property has undergone a “to the studs” rehabilitation in 2017-2021 allowing an investor to take over a stabilized property with high-quality tenants or vacate the detached unit to allow for an ideal owner-occupy operation to offset mortgage and other expenses. The duplex interior pictures are shown first which were fully rehabbed in 2021. The last interior pictures are of the detached 2/1 unit, which was fully rehabbed in 2017. Only new wood vinyl flooring would be required in the detached unit to drive top of market rental capability. Please contact Maxwell Brown for the offering memorandum. All new appliances, quartz counters, vinyl plank flooring, dual pane windows, & interior lighting + Dishwashers in all units + In-unit Laundry in all units + Private patios for all units, with ability to extend into large yards + Soundproof Double walls + All appliances high efficiency electric with exclusion of the Water Heaters being gas - Water heaters are 3-6 years old, all still under warranty + Central Large Mini-splits in the Duplex + Gas Heat in the Detached 2/1 Unit + Full new metal fencing with electric gate for easy parking lot access + Private Gated electronic access on street side for Duplex Units + Duplex Prewired for Level 2 car chargers; 30 amps @ 240 volts + Ceiling Fans + Recessed Lighting + 7 on-site gated parking spaces Number of Furnished Units: 0