Active

445 Garrison Street

Oceanside CA, 92054

$15,250,000


$159.86 per sqft

Active

3 Beds

95,396 sqft

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

February 15, 2024

Updated

Map

445 Garrison Street
Oceanside CA, 92054

Interior Features

Total Stories

2


Bedrooms

3 Beds


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.19 Acres


Lot Features

Curbs, Sidewalks

Other Property Details

Days on Market

4


Garage

No


View

No


County

San Diego


Pool

No


Pool Features

None


Zoning

Assessor


Buyer Agency Compensation

1.25%

Listed by Marcus & Millichap RE Invest, Tyler Leeson,
Listing Contact: 714-713-9086 

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Data last updated 9:12 PM UTC, 2/15/2024

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