For Sale

Marbella

308 South The Strand,
Oceanside, CA 92054
Represented by
ACRE Investment Real Estate Services

Asset Snapshot

Upper Mid-Scale
Multifamily Subtype
1970
Year Built
2021
Year Renovated
3
Floor Count
21 Units
Unit Count
7,901 SF
Property Size
100%
Occupancy

Offering Summary

Investment Overview

Marbella is a spectacular piece of Oceanside history. Originally, two properties built in different eras were joined together in the 1970's by matching its Spanish-Mission style architecture. Marbella was fully remodeled in 2021, with all new interiors, solar panels, structural upgrades, and fully furnished units. Marbella is an oceanfront property comprised of 21 units in 4 separate buildings, including studios, one-bedrooms, and a large 3-bedroom unit. In addition, there are 14 individual single-car garages with new garage doors. This property remains as stunning as ever with a brand-new roof, stucco, and paint. All units are fully furnished and have been fully remodeled with stunning interior designs. New building ordinances prohibit building above street level; Lands End is still able to enjoy its towering third-floor views. Even its one-of-a-kind deck sits higher than the street, allowing guests to enjoy the ocean views above passersby. Marbella is well loved by those who call it home.


Investment Highlights

  • - STEPS FROM THE SAND
  • -OCEANFRONT WITH OCEAN VIEWS
  • -FULLY REMODELED IN 2021
  • -GROUND FLOOR UNITS
  • -FULLY FURNISHED UNITS
  • -COMMUNITY DECK
  • -STOVE & REFRIGERATORS IN ALL ROOMS
  • -RETROFIT DOUBLE PANE WINDOWS
  • -SOLAR PANELS
  • -NEW WINDOW TREATMENTS & BLINDS
  • -LAUNDRY ROOM

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$14,000,000
Asking Price

Investment Sales Broker

Craig Stewart
ACRE Investment Real Estate Services

Market Insights