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902 S Pacific St

Oceanside, CA 92054
  • $2,499,000
  • STATUS: PENDING
  • ON SITE: 71 Days
  • ID#: 240026159
Pending
UPDATED: 66 min ago
$2,499,000
  • 3
    BEDS
  • N/A
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,363
    SQFT
  • $1,058
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1937
County:

School Ratings & Info

Description

Seller financing available. RT Zoning offering STR Investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity. 902 Pacific St presents a rare investment opportunity just steps from the ocean in Oceanside’s highly sought-after coastal zone. This prime coastal asset will be delivered vacant, providing buyers with an immediate opportunity to execute value-add improvements and reposition the property to maximize returns. With RT zoning, developers have the ability to build up to 35 feet high and are permitted to construct 4 units by right, with additional ADU opportunities to further enhance density and income potential. The property already features two units with STR licenses, offering proven short-term rental income potential with a projected gross annual income of $314,460. Combined with its vacant delivery, investors can quickly upgrade all units to boost revenue and long-term value. Seller financing is available, offering qualified buyers increased flexibility and making this exceptional opportunity even more accessible. Oceanside is experiencing rapid economic growth and development, driving strong rental demand and property appreciation. Its premium coastal location, paired with flexible zoning and development incentives, positions investors and developers to capitalize on increasing short-term rental opportunities while benefiting from the area’s vibrant amenities and employment options. With its vacant delivery, high development potential, and seller financing available, 902 Pacific St is an unparalleled opportunity for investors and developers to acquire and elevate a prime coastal asset in one of California’s fastest-growing markets.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/157585140
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902 S Pacific St Oceanside, CA 92054

  • Price: $2,499,000
  • Status: PENDING
  • On Site: 71 Days
  • Updated: 66 min ago
  • ID#: 240026159
3
Beds
4
Baths
0
½ Baths
N/A
Acres
2,363
SQFT
$1,058
$/SQFT
1937
Built
Neighborhood:
Oceanside
County:
San Diego
Area:
Oceanside (92054)
Property Description
Seller financing available. RT Zoning offering STR Investors significant income potential. 1 unit fully renovated leaving 3 units available for significant value add opportunity. 902 Pacific St presents a rare investment opportunity just steps from the ocean in Oceanside’s highly sought-after coastal zone. This prime coastal asset will be delivered vacant, providing buyers with an immediate opportunity to execute value-add improvements and reposition the property to maximize returns. With RT zoning, developers have the ability to build up to 35 feet high and are permitted to construct 4 units by right, with additional ADU opportunities to further enhance density and income potential. The property already features two units with STR licenses, offering proven short-term rental income potential with a projected gross annual income of $314,460. Combined with its vacant delivery, investors can quickly upgrade all units to boost revenue and long-term value. Seller financing is available, offering qualified buyers increased flexibility and making this exceptional opportunity even more accessible. Oceanside is experiencing rapid economic growth and development, driving strong rental demand and property appreciation. Its premium coastal location, paired with flexible zoning and development incentives, positions investors and developers to capitalize on increasing short-term rental opportunities while benefiting from the area’s vibrant amenities and employment options. With its vacant delivery, high development potential, and seller financing available, 902 Pacific St is an unparalleled opportunity for investors and developers to acquire and elevate a prime coastal asset in one of California’s fastest-growing markets.
Exterior Features

Exterior Wood Fencing Partial Parking Spaces Total Unit1 0.0 Parking Spaces Total Unit2 0.0 Parking Spaces Total Unit3 0.0 Parking Spaces Total Unit4 0.0 Roof Composition Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 3 Units With Patios 1

Interior Features

Cooling N/K Furnished Units 2 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 4 Units With Dishwashers 4 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4

Property Features

Actual Cap Rate 4.0 Age Restrictions N/K Annual Expense Actual 36300 Annual Expense Projected 99192 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community OCEANSIDE Complex Park none Cross Streets Hayes St Gross Rent Multiplier Actual 17.5 Gross Rent Multiplier Project 8.65 Gross Scheduled Income Actual 154020 Gross Scheduled Income Project 312000 Mandatory Remarks None Known Market Area Coastal North Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 7.9 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventionalExchangeSeller May Carry Unit Number For Unit1 904 Unit Number For Unit2 902 Unit Number For Unit3 902A Unit Number4 902B Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 3295.0 Unit1 Rent Actual 1950.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 3295.0 Unit2 Rent Actual 0.0 Unit3 Deposit 0 Unit3 Occupied Vacant Unit3 Projected Rent 2950 Unit3 Rent Actual 0.0 Unit4 Deposit 0 Unit4 Occupied Vacant Unit4 Projected Rent 3295 Unit4 Rent Actual 0.0 Zoning RT

San Diego MLS logo Listing provided courtesy of Joseph Silva of Stravinsky Holdings, Inc.: 559-967-5913. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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