228 S El Camino Real
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228 S El Camino Real
3 Unit Apartment Building Offered at $1,400,000 at a 3.90% Cap Rate in Oceanside, CA 92058
Investment Highlights
- Three Large 2 bedroom/1.5 Bathroom Units
- Private Patio's and Master Bedroom Balconies
- Two-Story Townhomes
- 3 Car Garage & Free On-site Laundry Facility
Executive Summary
JLM is proud to present 228 S El Camino Real, a rare opportunity to acquire three townhome-style units in the thriving city of Oceanside! Each identical 2-story unit boasts a spacious 2-bed, 1.5-bath floor plan, offering over 1,100 square feet of living space each! Tenants enjoy the comfort of a private backyard patio, a large master bedroom + balcony, free on-site laundry, and convenient parking with one assigned garage space and an additional on-site spot per unit. Meticulously maintained and improved over the years, this property is an exceptional opportunity for investors looking to capitalize on Oceanside’s booming rental market and coastal appeal. The 92058 zip code in Oceanside, CA, offers a vibrant, family-friendly community with coastal charm and diverse amenities. This area attracts a mix of young professionals, families, and military personnel due to its proximity to Camp Pendleton. Residents enjoy easy access to beaches, scenic trails such as the San Luis River trail, parks, and a variety of shops and restaurants. With top-rated schools, recreational facilities, and a welcoming atmosphere, it’s an ideal location for an active and laid-back Southern California lifestyle.
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | $99,999 | $9.99 |
Vacancy Loss | $99,999 | $9.99 |
Effective Gross Income | $99,999 | $9.99 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Net Operating Income | $99,999 | $9.99 |
Financial Summary (Pro forma - 2025) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Vacancy Loss | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $1,400,000 | Property Type | Multifamily |
Price Per Unit | $466,667 | Apartment Style | Townhome |
Sale Type | Investment | Building Size | 9,771 SF |
Cap Rate | 3.90% | No. Stories | 2 |
Gross Rent Multiplier | 15.4 | Year Built | 1969 |
No. Units | 3 |
Price | $1,400,000 |
Price Per Unit | $466,667 |
Sale Type | Investment |
Cap Rate | 3.90% |
Gross Rent Multiplier | 15.4 |
No. Units | 3 |
Property Type | Multifamily |
Apartment Style | Townhome |
Building Size | 9,771 SF |
No. Stories | 2 |
Year Built | 1969 |
Unit Amenities
- Balcony
- Deck
Site Amenities
- Laundry Facilities
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1.5 | 3 | - | - |
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228 S El Camino Real
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