506 S The Strand, Oceanside, CA 92054

Property Description

Steps from the Pacific Ocean and surf, 506 S. The Strand/509 S. Pacific Street (&#8220;Property&#8221;) boasts stunning white-water ocean views from all units, and is comprised of: Six (6) one-bedroom/one-bathroom units (approximately 430 sq. ft. each), as well as a separate office/guest suite (less than 200 sq. ft., with no kitchen). These units each have wide balconies facing the west, providing an excellent source for ocean view sunsets over the Pacific Ocean. There are four garages, one of which is a two-car wide garage, for a total of five (5) garage spaces, as well as up to around 6 surface off-street parking spaces. With two storage rooms and two storage closets at the property, one of these storage rooms could be converted into a laundry room. Rear building units were heavily renovated/re-done in 2015. Please See Supplemental Remarks. Please do not go on the property or discuss anything related with the tenants. Call Agent for Further Details. The Property is comprised of two multifamily buildings on an approximately 4,791 sq. ft. lot. It is estimated that both the front two-story building (506 S. The Strand), and the rear three-story building (509 S. Pacific St.), were built in 1940. The unique <200 sq. ft. office/guest suite, which could easily be a check-in/out office for a short-term rental operation, suggests that this property was built with a short-term/vacation rental operation in mind. Both buildings are of wood-frame construction and have stucco exterior, and pitched Spanish-tile roofs. 506 S. The Strand was built upon a raised concrete foundation, as was 509. S. Pacific Street. Each building is on a master-meter for gas & electric, and for water/sewer. Units all have fireplaces, as well as their own westward facing patio/balcony. In addition to unit accessibility via The Strand, there is a separate entrance off of S. Pacific Street, which leads to a common-use split-level patio/balcony-area, where guests/residents of this four-unit bu...