Pending
445 Garrison Street
Oceanside CA, 92054
$14,715,000
$377.81 per sqft
Pending
38,948 sqft
Condo
Built in 1978
Listed by Tyler Leeson with Marcus & Millichap RE Invest 714-713-9086
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 property's storage spaces into studio accessory dwelling units.
OC24011401
MLSⓇ ID
January 18, 2024
Listed
August 30, 2024
Updated
Map
445 Garrison Street
Oceanside CA, 92054
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
2.19 Acres
Lot Features
Street Level
Sewer
Public Sewer
Other Property Details
Area Name
92054 - Oceanside
Days on Market
160
Garage
No
Parking Total
83
View
No
County
San Diego
Water Source
Public
Pool
No
Pool Features
None
Zoning
C
Listing History
Date | Event | Price |
|---|---|---|
7/11/2024 | Pending | — |
6/27/2024 | Under contract | — |
4/25/2024 | Price change | $14,715,000 -4% |
Listing Contact: 949-419-3200
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Data last updated on 8/30/2024 at 7:50 PM UTC