221 S Nevada St

Offered for sale is a premier residential multifamily investment in the vibrant downtown coastal community of Oceanside, California. This turn-key property features a highly desirable beach-close location and an attractive unit mix consisting primarily of spacious two-bedroom townhouse-style units, many with private garages. The property has undergone a complete high-end renovation, including new luxury vinyl plank flooring throughout, stunning quartz countertops, designer cabinetry, fully updated bathrooms, and fresh interior and exterior paint. Now fully stabilized at 100% occupancy with strong performing rents, this asset is in pristine condition—eliminating immediate capex needs and positioning it as a low-maintenance, high appeal investment. The exceptional coastal location, premium renovations, desirable unit mix, and stable cash flow combine to make this a standout opportunity in a thriving market. The El Jugador Townhomes boast an outstanding "Walker's Paradise" rating with a Walk Score of 92. Residents enjoy a short four-block stroll to the Oceanside Transit Center, providing convenient bus service to nearby communities; Sprinter Rail to Escondido (including CSU San Marcos); Coaster service to downtown San Diego; and Amtrak connections to Orange County and Los Angeles. Downtown Oceanside—offering an array of dining, shopping, and nightlife—is easily walkable, making it a popular destination for millennials. The wide sandy beaches, iconic pier, and harbor are just six blocks away, accessible on foot or by bike.