616 N Nevada offers an opportunity to own a well-maintained four-unit investment in coastal Oceanside, approximately eight blocks from the beach and minutes from Downtown Oceanside. The property consists of three 2BD/1BA units and one 1BD/1BA unit, plus an extra laundry room providing additional income. The units have been extensively updated and maintained under current ownership, offering a more turnkey entry into multifamily ownership. With four rental units in one property, a desirable coastal location, and owner-occupant potential, 616 N Nevada is well suited for an investor looking to step up from a single rental, a 1031 exchange buyer, or an owner-user looking to offset housing costs with rental income.
| MLS # | 260020101SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 8 |
| Listing Provided By | Li & Associates Real Estate Service Inc. | Jay Li |
| Units | 4 |
|---|---|
| Building(s) | 1 |
| Zoning | R-3:RESTRI |
| Acreage | 0.11 |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Roof | Composition |
|---|---|
| Fencing | None |
| State | CA |
|---|---|
| County | San Diego |
| City | Oceanside |
| Zip Code | 92054 |
| Area | 92054 Oceanside |
| Community Name | Oceanside |
| Listing VS Median (in Oceanside) | |
Price: $2,290,000 low | high Med: $1,800,000 On site: 8 low | high Med: 173 | |
| State | CA |
|---|---|
| County | San Diego |
| City | Oceanside |
| Zip Code | 92054 |
| Area | 92054 Oceanside |
| Community Name | Oceanside |
| Listing VS Median (in Oceanside) | |
Price: $2,290,000 low | high Med: $1,800,000 On site: 8 low | high Med: 173 | |