Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the property’s storage spaces into studio accessory dwelling units.
Multi-familyProperty Type
1978Year Built
2.19 acresLot Size
$349Price/Sq.Ft.
83 spacesParking
Listed by Tyler Leeson•DRE #01451551• Marcus & Millichap RE Invest
Contact: tleeson@marcusmillichap.com
Bought with Tyler Leeson•DRE #01451551• Marcus & Millichap RE Invest
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
2.19 Acres
Year renovated
1978
Sq. Ft.
38,948
Year built
1978
Style
Multi-Family (5+ Unit)
County
San Diego County
APN
1620303400
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 16, 2026.
RM-C
Medium-Density C Residential District
To provide opportunities for residential uses, including patio homes, duplexes, townhouses, multi-dwelling structures, and cluster housing, which also include landscaped common open space and common-area facilities for residents use. Single-family dwellings existing as of the effective date of this ordinance are allowed to remain, but no new single-unit conventional (SU-C) single-family dwellings, as defined in this Article, shall be permitted unless developed on a pre-existing legal lot. The Medium Density C (RM-C) District where the base density is 15.1 du per gross acre and the maximum potential density is 20.9 units per gross acre.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Sep 16, 2028 • Active
Bld res remodel
Perform interior demolition of walk-in closets and linen closets in all units of a residential building.
Demolition
Remodel
Sep 16, 2028 • Active
Bld res remodel
Perform a residential remodel on all units in building K. Relocate the kitchens and perform conversion work.
Kitchen
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 42
# of Carport Spaces: 41
# of Parking Spaces: 83
Interior
Laundry Information
Has Laundry
Community
Interior Features
Entry Level: 1
Entry Location: First level
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 11721309
Listing Key Numeric: 372315159
Actual Rent: $30,115
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $30,115
Total # of Units: 16
Unit Type 2 Information
Unit Key Numeric: 11721310
Listing Key Numeric: 372315159
Actual Rent: $65,055
Total # of Baths: 2
# of Baths Full: 1
# of Baths Half: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $65,055
Total # of Units: 30
Expenses
Fuel Expense: $25,590
Trash: $25,591
Total: $453,100
Maintenance: $24,000
Insurance: $28,800
Water Sewer: $25,591
Electric: $25,590
New Taxes: $162,663
Multi-Unit Information
Other Income Description: Misc
Net Operating Income: $666,679
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 38,948
Gross Scheduled Income: $1,142,040
Gross Operating Income: $1,107,779
Gross Income: $1,154,040
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 46
# Of Separate Electric Meters: 46
# Of Buildings: 10
Operating Expense Percent: $40.50
Vacancy Allowance Rate: 3
Vacancy Allowance: 34261
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Level with Street
Property Information
Common Interest: Community Apartment
Total # of Units: 46
Common Walls: No Common Walls
Parcel Number: 1620303400
Total # of Stories: 2
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $453,100
Other Expense: $96,083
Other Expense Description: Misc
Other Income: $12,000
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Sidewalks
Location Information
Latitude: 33.20400600
Longitude: -117.33748900
Other Subdivision Name: Oceanside
Directions: Cross Streets of Oceanside Boulevard & El Camino Real
Subdivision Name: Oceanside
Zoning: C
Public facts
Beds: —
Baths: —
Sq. Ft.: 38,948
Stories: 2.0
Lot Size: 2.19 acres
Style: Multi-Family (5+ Unit)
Year Built: 1978
Year Renovated: 1978
County: San Diego County
APN: 1620303400
Home facts updated by county records on Sep 16, 2026
Other
Listing Information
IDX Contact Info: tleeson@marcusmillichap.com
Days Active in MLS: 160
Continuous Days Active in MLS: 160
Listing Agent Information
List Agent First Name: Tyler
List Agent Last Name: Leeson
Listing Office Information
List Office Name: Marcus & Millichap RE Invest
Selling Agent Information
Buyer Agent First Name: Tyler
Buyer Agent Last Name: Leeson
Selling Office Information
Buyer Office Name: Marcus & Millichap RE Invest
Around this home
Schools
K - 12
Preschool & daycare
Pablo TAC School of the Arts
Public K-5 • Assigned • 1.1mi
4/10
Lincoln Middle School
Public 6-8 • Assigned • 1.3mi
4/10
Oceanside High School
Public 9-12 • Assigned • 2.1mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Oceanside offers a great mix of coastal living and everyday convenience, with miles of beaches, a vibrant downtown, the Oceanside Harbor and Pier, and plenty of restaurants, shopping and entertainment. Its location also provides easy access to...