445 Garrison ST Oceanside, CA 92054 Sold on 10/08/2024

$13,600,000

$14,715,000 7.6%

2.19 Acres Lot

Key Details

Sold Price $13,600,0007.6%

Property Type Other Types

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Oceanside

MLS Listing ID OC24011401

Sold Date 10/08/24

HOA Y/N No

Year Built 1978

Lot Size 2.190 Acres

Property Sub-Type Apartment

Property Description

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.


Based on information from California Regional Multiple Listing Service, Inc. as of 2026 and/or other resource. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker of MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.