225 S Ditmar St, Oceanside, CA 92054

Property Description

Finally, an awesome beach investment property to show your best clientele! 225 South Ditmar Street is a 12 unit apartment building with an attractive unit mix of Eight one bedroom/one bathroom units and Four two bedroom/one bathroom units. There are also ten garages and two additional open parking spaces available for tenant's convenience, as well as, on-site laundry. Electricity and gas is individually metered. Some of the units have been rehabbed with new flooring, paint, cabinets, counter tops, and kitchen appliances. This property has a significant upside in rents (23.17%) and is an ideal opportunity to own a straightforward multifamily investment asset in one of the most desirable parts of the country. 225 South Ditmar is located in the downtown neighborhood in Oceanside and has a "walking score" of 89 out of 100. The property is walking distance to nearby shopping, night life, groceries, parks, metrolink/amtrak station, schools, piers and beaches. Oceanside has 3.5 miles of beautiful beaches and is home to the longest all-wood pier on the west coast, the Oceanside Municipal Pier.