330 S Horne St , Oceanside, CA 92054
$9,500,000
Est. Payment: $51,819.63/mo
5 Bed
5 Bath
15013 Sqft
0.33 Acres
Status: Active | Days on site: 4
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House Description

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.

Highlights

Listed by Maxwell Brown , 925-872-6746 Commercial Asset Advisors , 858-360-3000. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.33

Year Built

1970

County

San Diego

Area

92054 - Oceanside

Listing ID

PTP2606755

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:5

Exterior Features

Lot:21-25 Units/Acre,No Land Lease
Garage Capacity:16
Zoning:RM
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$51,820
Taxes
$6,056

Home Price

$9,500,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$1,900,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$51,819.63

Principal

Taxes

Principal Taxes HOA Total
Monthly $51,819.63 $6,056.25 $0.00 $57,875.88
Yearly $621,835.50 $72,675.00 $0.00 $694,510.50
Total $18,655,065.14 $2,180,250.00 $0.00 $20,835,315.14

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Oceanside, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T01:13:22.000Z

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