Listed by Jonathan Minerick of Homecoin.com (888-400-2513)
Exceptional investment opportunity just 4.4 miles from the iconic Oceanside Pier and beach - a prime corner lot with sweeping city views! Well upgraded 4-unit multifamily property offers a desirable mix of one- and two-bedroom residences across two stories. One-bedroom units average 640 sq ft and two-bedroom units average 903 sq ft. The owner has invested over $200,000 in renovations throughout the years - including a newer shingle roof, newly installed all high-efficiency windows, new kitchens, and modern standing showers - reflecting true pride of ownership. Each unit has its own space in the upgraded 4-car garage with remote access, a rare and highly desirable amenity. Gas and electric utilities are separately metered per unit, minimizing owner operating expenses and maximizing net income. On-site coin-operated laundry provides a convenient tenant amenity and additional income stream. Four garage spaces are currently included with each unit - charging separately at market rate offers additional income potential. Three of four units are occupied by long-term, month-to-month tenants providing immediate income from day one. The one-bedroom unit, previously owner-occupied, is move-in ready - perfect for an owner-occupant or to lease at market rate, where two-bedroom units are commanding $2,500-$2,600/month. Easy access to vibrant downtown Oceanside, shops, restaurants, the Transit Center, and major freeways. An excellent 1031 exchange candidate - ideal for investors upgrading from a residential rental property into an income-producing multifamily and growing their portfolio tax-deferred.

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Property Details of 332 S El Camino Real

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Based on information submitted to CRMLS as of July 28, 2026 10:50 AM UTC . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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