Active

445 Garrison ST

OCEANSIDE CA, 92054

$14,715,000


$377.81 per sqft

Active

3 Beds

38,948 sqft

Condo

Built in 1978

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.

OC24011401MR

MLS ID

January 18, 2024

Listed

April 25, 2024

Updated

Map

445 Garrison ST
OCEANSIDE CA, 92054

Interior Features

Total Stories

2


Bedrooms

3


Laundry Description

Community


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

2.19 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Oceanside


Days on Market

98


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

4/25/2024

Price Change

$14,715,000

-4%

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

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Iconic Homes shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/25/2024

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