330 S Horne Street, Oceanside, California image 1
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330 S Horne Street

Oceanside, CA 92054
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$9,500,000 $40,052/Mo
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Bed 5

Bed

Bath 5

Bath

SqFt14,253

Sqft(Lot)

330 S Horne St, Oceanside presents a designer-grade renovated, 21-unit coastal multifamily asset offering immediate cash flow, a diverse unit mix, and a differentiated resident experience. The property combines thoughtfully designed interior finishes tailored to Coastal Southern California with strategic enhancements including private yards, rear patios, balconies, select ocean-view residences, garages, in-unit laundry in select units, and coastal-oriented community amenities. The property consists of (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences. Select residences feature private front yards or rear patios, while upper units include balconies and ocean views. 11 of the 21 units have in-unit washer/dryers, with an owner-owned community laundry room retained for the balance of the property. Ownership completed a comprehensive renovation designed to position the property above traditional rental-grade product. Interiors feature Coastal Southern California tailored color schemes and finishes including quartz countertops, pastel tile backsplashes, stainless appliances, Terracotta Spanish style tile bathroom floors, tile wall shower & tub enclosures, and natural oak style vinyl flooring. Exterior improvements include a full re-texture and repaint with Baja California inspired color palettes, dual pane windows, drought resistant and low maintenance California desert scape courtyard landscaping with irrigation, updated exterior fixtures and suite numbers, and hand painted building murals. Resident amenities include a surf shower, secure electric bike parking, and a common-area grill with outdoor shaded seating. Major infrastructure improvements include a main electrical service upgrade from 200A to 400A in 2023 with replacement of all unit subpanels, the sewer main lateral was descaled with an epoxy liner installed in 2014, replacement of the main hot-water line serving the property in 2025, and replacement of the property water heater in 2025. SB 721-deck inspections were also completed. The asset currently generates $667,819 in Gross Scheduled Income and $440,443 in NOI, yielding a 4.64% in-place cap rate. At full market operations, Gross Scheduled Income is projected at $699,113 and NOI at $469,584, producing a 4.94% pro forma cap rate and 13.59 GRM.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $9,500,000

AD Id : 91024433

MLS Id : PTP2606755

Beds : 5

Lot Size : 14,253 Sqft

Year Built : 1970

Garage : 8

County : San Diego

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Feature Features

  • Building Information

    Year Built: 1970
    Building Area Total: 15013
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 14253 Lot Size Acres: 0.3272 Lot Size Source: PublicRecords Lot Size Square Feet: 14,253 Lot Description: TwentyOneToTwentyFiveUnitsAcre

  • Listing Price Information

    Listing Price: $9500000
    Conventional

  • Tax Information

    Parcel Number: 1500641300 Tax Lot: 1500641300

  • Parking Information

    Parking Total: 16

    Garage Information

    Has Garage: Yes Garage Space: 8

  • Location Information

    Direction: GPS
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1714 California St., Oceanside, CA, 92054 $2,589,000 4 4 2,988 17,460 Sqft
3030 Oceanside Boulevar.., Oceanside, CA, 92054 $434,900 3 2 1,316 --
3030 Oceanside Boulevar.., Oceanside, CA, 92054 $419,900 3 2 1,144 --
3030 Oceanside Boulevar.., Oceanside, CA, 92054 $409,900 3 2 1,052 --
3030 Oceanside Boulevar.., Oceanside, CA, 92054 $344,900 2 2 865 --
2496 Rudder Rd., Oceanside, CA, 92054 $1,675,000 4 2 2,050 10,844 Sqft
2424 Papyrus Ct., Oceanside, CA, 92054 $1,599,000 4 3 2,366 7,239 Sqft
3245 Carolyn Dr, Oceanside, CA, 92054 $990,900 4 2 1,912 --
2399 Ivy Road, Oceanside, CA, 92054 $2,199,000 5 3 3,478 10,835 Sqft
2944 Cottingham St, Oceanside, CA, 92054 $969,000 4 3 1,943 6,254 Sqft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/07/2026 @ 21:35

MLS: PTP2606755 LISTED BY: Maxwell Brown, Commercial Asset Advisors 858-360-3000 SOURCE: CRMLS

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