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Property for sale: 514 S Myers St in Oceanside

514 S Myers St Oceanside

Main Photo: Property for sale: 514 S Myers St in Oceansidebanner
$6,000,000 /750000.0
Prop. Type:
Com-Res Income
MLS® Num:
250029765
Status:
Active
Year Built:
1990
**8 Units, 2-Story Condo-Quality Townhomes Built in 1990 w/ Ocean Views** Irreplaceable Coastal Real Estate Near the Oceanside Pier • Massive Two-Story Townhome Units: (2) 3Bed/2Bath 1,271sf Units + (6) 2Bed/2Bath 1,074sf Units • Each Unit has In-Unit Laundry, Fireplace, and Two-Car Garage • Condo Conversion Potential w/ Direct Garage Access & Secure Gated Parking • Walking Distance to The Oceanside Pier, Downtown, the Beach, and the Mission Pacific Hotel / Seabird Ocean Resort
Rental Amount:
22860
Price Per Unit:
750000.0
Total Floor Area:
Switch units of measure11,651 sq. ft.
County:
San Diego
Market Area:
Coastal North
Number of Buildings:
1
Number of Units:
8
Num Stories:
3
Year Built:
1990
Cap Rate.:
2.61
Gross Multiplier:
21.87
Gross operating income:
266090
Gross scheduled income:
274320.0
Operating expense:
109388
Vacancy & Credit Loss:
8230.0
Projected Cap Rate.:
5.04
Projected Gross Multiplier:
13.89
Projected gross operating income:
419040
Projected gross scheduled income:
432000
Projected net Income:
302416
Projected operating expense:
116624
Projected Vacancy & Credit Loss:
12960.0
Gross equity:
0
Motive / Want:
1031 Exchange
Short Sale:
No
Listing Type:
Exclusive Right (R)
Parking:
Garages
Number of Carports:
16
Total Parking Spaces:
16
Cooling:
Central Forced Air Gas
Heating:
Central Forced Air Gas
Construction Material:
Frame, Stucco
Roof:
Composition
Number of Units with Garages:
8
Zoning:
D-5
Parcel Number:
150-263-19-00
Number of Units in Unit 1:
2
Unit 1 Furnished:
0
Total Rent for Unit 1:
6600.0
Bedrooms for Unit 1:
3
Bathroom 1:
2.0
Number of Units in Unit 2:
6
Unit 2 Furnished:
0
Total Rent for Unit 2:
16260.0
Bedrooms for Unit 2:
2
Bathroom 2:
2.0
Listed by Apartment Realty Group (ARG)
Data was last updated June 8, 2025 at 01:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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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 Multiple Listing Service, Inc. 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 Multiple Listing Service, Inc.

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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 Multiple Listing Service, Inc. 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 Multiple Listing Service, Inc.