Property Detail

Description

Location, Location Rare opportunity to own an 8-unit income property located in a serene, upscale neighborhood within the prestigious El Camino Estates, surrounded by custom-built luxury homes on approx. .41 acre. This one-story building offers a true resort-style living experience for residents. All eight units feature panoramic views, along with private backyards that provide exceptional privacy and a peaceful setting—an extremely rare combination for a multi-unit property. Solar system installed and paid off. All units occupied. Projected rents higher. Laundry room for residence. 4 unites about 1000qft with dishwasher, 4 smaller units are about 740Sqft, 2367A has WD. Each spacious unit includes one bedroom and one bathroom, for a total of 8 bedrooms and 8 bathrooms. Rents are currently well below market, presenting an excellent value-add opportunity for investors. There are no HOA and NO Mello-Roo's enhancing long-term cash flow potential. This is a one-of-a-kind income property, RARE to find due to its prime location, tranquil surroundings, and strong tenant appeal. Ideally situated with easy access to Highway 78 and I-5, and close to Shopping, Dining, Entertainment, and a short drive to the Beaches & Oceanside Pier.