445 Garrison Street, Oceanside, CA 92054 | MLS #OC24011401 | Willis Allen Real Estate
 
  • 86 days on site
  • 1 views

Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the property's storage spaces into studio accessory dwelling units.

Listed by:

Marcus & Millichap RE Invest

Source: CRMLS, MLS#: OC24011401

  • Property Type
    ResidentialIncome
  • Lot
    2.19 Acres
  • Price / Sq Ft
    $391

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Willis Allen Real Estate
  • Median Age
    35
  • Population Density
    3,182
  • College Educated
    42%
  • Estimated Median Monthly Income
    $63,355
  • Estimated Total Home Owners
    6,192
  • Estimated Total Renters
    9,381
  • Owner / Renter Divide
    40% / 60%
  • Estimated Average Household Size
    3
  • Total Population
    40,709
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
*Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Life at 445 Garrison Street


Schools

3
Palmquist Elementary
  • Grades: KG-5
  • Public
3
South Oceanside Elementary
  • Grades: KG-5
  • Public
3
Lincoln Middle
  • Grades: 6-8
  • Public
2
Oceanside High
  • Grades: 9-12
  • Public
1
Surfside High (Continuation)
  • Grades: 9-12
  • Public
School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

History

Date Event Value Agent
1/18/2024Source: bridgeMLS Added to Database
January 18, 2024
1/18/2024Source: CRMLS Added to Database
January 18, 2024