Pending
445 Garrison Street
Oceanside CA, 92054
$14,715,000
Pending
3 Beds
Multi-family
Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the propertys storage spaces into studio accessory dwelling units.
OC24011401
MLSⓇ ID
January 18, 2024
Listed
October 2, 2024
Updated
Map
445 Garrison Street
Oceanside CA, 92054
Interior Features
Total Stories
2
Bedrooms
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.19 Acres
Lot Features
Curbs, Sidewalks
Other Property Details
Days on Market
160
Garage
No
View
No
County
San Diego
Pool
No
Pool Features
None
Zoning
Assessor
Listed by Marcus & Millichap RE Invest, Tyler Leeson,
Listing Contact: 714-713-9086
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Data last updated 4:55 AM UTC, 10/2/2024