Oceanside
308 S The Strand
$14,000,000
Listed by Craig Stewart, Acre Investment Real Estate, Listing Broker
Advertised by Kyle Shutts, Arbor Real Estate (Advertising Broker), DRE# 02060736
About This Property
Marbella is an oceanfront multifamily 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. Marbella was completely renovated in 2021. All units have been fully remodeled and are fully furnished with stunning interior design. The property is located on Oceanside’s famed “Strand” drive with beachfront views and steps to the sand. The downtown amenities, train station, and world-class restaurants are just a couple of blocks away, putting Marbella in the middle of what makes Oceanside one of California’s most desired beach destinations. Marbella has been operated as a successful vacation rental property with ADR and RevPAR outperforming the market while maintaining its affordable value. There is an opportunity to reduce overall expenses by transitioning to monthly or leased rentals. The investor can transition 100% to monthly rentals or keep some of the units as vacation rentals to enjoy higher revenue through the summer months.
Property Details
Inquiries submitted through this site are answered by Kyle Shutts of Arbor Real Estate, the advertising broker, not the listing agent. Listing data provided by CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Square footage, lot size, and other details are approximate. This listing is subject to prior sale, change, or withdrawal without notice. Last updated .
← Back to all listings
Meet Kyle
Kyle Shutts
Real Estate Professional
Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.
5.0
Google Rating
10+
Years Experience
1,000+
Transactions
$1B+
In Volume