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$3,395,000

123 S Nevada

Oceanside, CA 92054

Active

San Diego

County

MixedUse

Property Type

About this home

Pleased to present Avalon By-The-Sea, an 8-unit multifamily investment opportunity located in the heart of Downtown Oceanside’s Townsite neighborhood. Situated on a 7,152 SF parcel and improved with a 6,028 SF two-story apartment building, the property features a balanced mix of 5 two-bedroom units and 3 one-bedroom units. Well-maintained interiors and a master-metered utility system with partial RUBS reimbursement already in place provide investors with an attractive combination of stable in-place income and operational upside. Four highly desirable two-car garages offer the residents off street parking and could also provide a new a new owner with a value add opportunity by converting some or all of the garages to ADUs. Residences feature luxury vinyl plank flooring, upgraded appliances with dishwashers, vinyl windows, forced-air heating, and dual-sink vanities in the two-bedroom units. Additional amenities include a community laundry room with seller owned equipment and a master-metered utility system with an already implemented RUBS program for utility cost recovery. The property also benefits from four two-car garages, a highly sought-after amenity in a coastal neighborhood where off-street parking remains limited.

Listed by Gary Kaufman · DRE #01816761 · South Coast Commercial, Inc.

MLS #1177375113

ListedJul 16, 2026

Property Details

Architecture

StoriesN/A

StyleN/A

Total Units8

RoofComposition

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingForced Air

FireplaceN/A

LaundryN/A

Parking FeaturesN/A

Parking Total0

Patio & PorchN/A

Entry LevelN/A

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.16 ac

Lot FeaturesN/A

ViewN/A

DirectionsN/A

Community

Area92054 - Oceanside

School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$18,070/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 4:00 PM

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