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  • DESCRIPTION

    Tri-City Gardens is a 35-unit multifamily investment opportunity located at 4129 - 4130 Waring Road, Oceanside, CA. Situated on a 1.49-acre lot the property consists of 4, one-bedroom units and 31, two-bedroom units. The property offers amenities including carport parking with storage, on-site laundry, and spacious courtyards.

    KEY DETAILS
    • Price:
    • $11,750,000
    • Bedrooms:
    • 5
    • Square Footage:
    • 30,328
    • Acreage:
    • 1.49
    • Year Built:
    • 1971
    • MLS #:
    • OC20123483
    • Street Address:
    • 4130 Waring Rd
    • City:
    • Oceanside
    • State:
    • CA
    • Postal Code:
    • 92056
    • County:
    • San Diego
    • Area:
    • Oceanside
    • Listing Status:
    • For Sale - Active

    Building

    • Number Of Floors In Unit:
    • One
    • Number Of Units:
    • 35
    • Stories:
    • 1
    • Stories:
    • 1
    • Total # Of Buildings:
    • 5
    • Total Building Square Footage:
    • 30328
    • Walls:
    • No Common Walls
    • Year Built:
    • 1971
    • Year Built Source:
    • Assessor

    Business

    • Annual Electric Expenses:
    • 17124
    • Annual Insurance Expenses:
    • 10525
    • Annual Maintenance Expenses:
    • 21000
    • Annual Trash Expenses:
    • 17125
    • Annual Water/Sewer Expenses:
    • 17125
    • Gross Income:
    • 791630
    • Net Operating Income:
    • 470320
    • Operating Expense:
    • 298609

    Land

    • Approximate Lot Size Range Source:
    • Assessor
    • Conforms To Zoning:
    • R4
    • Lot Features:
    • Lawn, Landscaped
    • Lot Size:
    • 1.49
    • Lot Square Footage:
    • 64904

    Listing

    • Community Features:
    • Curbs, Gutter(s), Sidewalks
    • Days On Market:
    • 529
    • Lease Rate:
    • 63057
    • On Market Date:
    • 2020-06-25
    • Originating Mls:
    • Crmls
    • Previous Listing Price:
    • 10450000
    • Terms:
    • Cash To New Loan, 1031 Exchange

    Location

    • Street Type:
    • Road

    Rooms

    • Laundry:
    • Common Area

    Structures

    • Carport Present:
    • Yes
    • Number Of Carport Spaces:
    • 36
    • Parking Spaces:
    • 36

    Systems

    • Existing Water:
    • Public
    • Sewage Type:
    • Public Sewer

    Units

    • Unit 1 Monthly Rent:
    • 6116
    • Unit 1 Total Bathrooms:
    • 1
    • Unit 1 Total Bedrooms:
    • 1
    • Unit 2 Monthly Rent:
    • 27646
    • Unit 2 Total Bathrooms:
    • 1
    • Unit 2 Total Bedrooms:
    • 2
    • Unit 3 Monthly Rent:
    • 29295
    • Unit 3 Total Bathrooms:
    • 1
    • Unit 3 Total Bedrooms:
    • 2

    Source

    • Provided By:
    • Listing Courtesy of Tyler Leeson () with Marcus & Millichap RE Invest

      CACRMLS
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    NOTES

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