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228 S El Camino Real

3 Unit Apartment Building Offered at $2,011,030 CAD at a 3.90% Cap Rate in Oceanside, CA 92058

Investment Highlights

  • Three Large 2 bedroom/1.5 Bathroom Units
  • Private Patio's and Master Bedroom Balconies
  • Two-Story Townhomes
  • 3 Car Garage & Free On-site Laundry Facility

Executive Summary

JLM is proud to present 228 S El Camino Real, a rare opportunity to acquire three townhome-style units in the thriving city of Oceanside! Each identical 2-story unit boasts a spacious 2-bed, 1.5-bath floor plan, offering over 1,100 square feet of living space each! Tenants enjoy the comfort of a private backyard patio, a large master bedroom + balcony, free on-site laundry, and convenient parking with one assigned garage space and an additional on-site spot per unit. Meticulously maintained and improved over the years, this property is an exceptional opportunity for investors looking to capitalize on Oceanside’s booming rental market and coastal appeal. The 92058 zip code in Oceanside, CA, offers a vibrant, family-friendly community with coastal charm and diverse amenities. This area attracts a mix of young professionals, families, and military personnel due to its proximity to Camp Pendleton. Residents enjoy easy access to beaches, scenic trails such as the San Luis River trail, parks, and a variety of shops and restaurants. With top-rated schools, recreational facilities, and a welcoming atmosphere, it’s an ideal location for an active and laid-back Southern California lifestyle.

Financial Summary (Pro forma - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,011,030 CAD
Price Per Unit $670,343 CAD
Sale Type Investment
Cap Rate 3.90%
Gross Rent Multiplier 15.4
No. Units 3
Property Type Multifamily
Apartment Style Townhome
Building Size 9,771 SF
No. Stories 2
Year Built 1969

Unit Amenities

  • Balcony
  • Deck

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 3 - -
  • Listing ID: 34383278

  • Date on Market: 2025-01-06

  • Last Updated:

  • Address: 228 S El Camino Real, Oceanside, CA 92058

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