Tagged : North Coast Village Oceanside

We recently received a call from a client who was excited to see a new condo listing come on the market in the North Coast Village complex listed at $263,000.  One thing the client didn't understand was that this condo was not selling for this price for full ownership, rather it was for 1/8 ownership of the condo.  Fractional ownership is something we have seen in the past but It really never seemed to gained popularity until recently.  It basically works around the concept of 8 different buyers who buy a share in any particular property.  All 8 owners own a 1/8 percentage of the property and work together on when they will occupy the property.  Any 8 owners may sell their percentage in the property at any given time and the cost of managing the home or

It's been a very busy year for the condo located at the North Coast Village complex in Oceanside, California.  In 2021, there have been a total of 37 condos that have closed escrow while the previous year of 2020 we saw 41 condo sales according to our multiple listing service.  The lowest recorded sale occurred in March of this year when a 1 bedroom condo with approximately 760 square foot sold for $500,000.  The most expensive sale thus far was a two bedroom ocean front condo that sold for $1,590,000 which closed escrow on 7/29/21.  

Our company represented several buyers this year at North Coast Village and there seemed to be one consistent theme for many buyers who are looking in this complex for investment purposes.  One thing to keep in mind is

If you are looking for rental property right on the beach then it's really hard to beat the North Coast Village complex in Oceanside, California.  The North Coast Village community offers a wide range of rental properties with owners looking for both short and long term rentals.  There are also many vacation rental properties located here so it can be difficult to differentiate rentals listings here, especially if you are looking for a long term one year lease.

It's not uncommon to find a 12 month rental in North Coast Village for under $2,000 a month.  Many of the one bedroom units have reentry rented for $1,850 and $1,900 a month.  The rent normally includes association dues which gets you all of the amenities which include a community pool, spa,