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Avalon by-the-Sea

Active

Featured Listing

Avalon by-the-Sea

123 South Nevada Street

$3,395,000

UNITS

8

PROPERTY TYPE

Multifamily

SQUARE FEET

6,028

CAP RATE

—

AE

Arby Eivazian

DRE# 01948830 · South Coast Commercial

619-990-4436

Property Details

Property Name

Avalon by-the-Sea

Address

123 South Nevada Street, Oceanside, CA 92054

Asking Price

$3,395,000

Units

8

Building Size

6,028 SF

Property Type

Multifamily

Cap Rate

—

Price Per Unit

$424,375

Status

Active

Broker

South Coast Commercial

Investment Opportunity

AVALON BY-THE-SEA IS AN 8-UNIT MULTIFAMILY COMMUNITY IDEALLY LOCATED MINUTES FROM THE BEACH IN DOWNTOWN OCEANSIDE’S HIGHLY DESIRABLE TOWNSITE NEIGHBORHOOD.

South Coast Commercial is 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 owner with a value add opportunity by converting some or all of the garages to ADUs.

Minutes from the beach and within walking distance of the Oceanside Pier, South Coast Highway, and the Oceanside Transit Center, the property benefits from exceptional coastal amenities and regional connectivity. Ongoing mixed-use development, public infrastructure improvements, and transitoriented investment continue to strengthen Downtown Oceanside’s growth outlook, positioning Avalon By-The-Sea to benefit from sustained rental demand and long-term value appreciation.

Why This Property

Strong in-place income

High-demand urban corridor

Rental upside potential

Limited competing inventory

Suitable for 1031 exchange

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Interested in This Property?

Request the full offering memorandum, financial details, and schedule a private showing.​​​

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