Oceanside, CA 92054,445 Garrison Street
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Oceanside, CA 92054,445 Garrison Street
Oceanside, CA 92054,445 Garrison Street
Oceanside, CA 92054,445 Garrison Street
Oceanside, CA 92054,445 Garrison Street

$13,600,000

Est. payment /mo

$14,715,000

7.6%
Est.Price: ?

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445 Garrison Street Oceanside, CA 92054

38,948 SqFt

SOLD DATE : 10/08/2024

Key Details

Sold Price $13,600,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 38,948 sqft

Price per Sqft $349

MLS Listing ID CROC24011401

Sold Date 10/08/24

HOA Y/N No

Year Built 1978

Lot Size 2.190 Acres

Acres 2.19

Property Description

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.

Location

State CA

County San Diego

Area Listing

Zoning C

Interior

Fireplace No

Laundry Community Facility

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 1620303400

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Bridge MLS
Listed by Tyler Leeson • Marcus & Millichap RE Invest
Bought with TylerLeeson
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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