254 Rosebud Avenue is listed for sale at $ 369,900. This is a Multi-Family property. 4696 square feet and was built in 1942. The lot size is 0.24 Acres. BRSeller Financing Available. A cash-flowing fourplex, one block off Ocean Drive, priced to clear the 1% rule on real rent - and open to flexible terms. Whether you’’re moving in, adding a stabilized asset to your portfolio, or racing a 1031 clock, this is a rare combination of location, income, and deal structure that doesn’’t come around often in this neighborhood. Fourplex - all 2-bed / 1-bath units, 4,696 SF total on a 10,498 SF lot. Current income mix: 1 long-term tenant, 3 units operated as MTR/STR Rent collected: ~$4,438/mo - clears the 1% rule at list price (~1.2% rent-to-price ratio) Owner-occupants (FHA): Move into one unit and let the other three carry your mortgage. FHA financing opens the door with as little as 3.5% down, and the existing rent roll already supports strong debt coverage. Rarely does a property this well-located pencil this easily for a first-time buyer. Value-add investors: A stabilized asset that already cash flows, with upside still on the table - light unit turns, further STR/MTR optimization, and RUBS not yet implemented. You’’re not betting on a turnaround; you’’re buying performance and layering on growth. 1031 exchange buyers: Clean, income-producing, and easy to underwrite fast - built for buyers working against exchange deadlines who need certainty, not a project. Deal Terms - Built for Buyers - Seller financing available - flexible down payment and interest-only terms, ask for details. All-cash offers reviewed and prioritized. Open to FHA, DSCR, conventional, and 1031 exchange buyers. One block from Ocean Drive, in the established Del Mar / Bessar Park neighborhood. Walking distance to Del Mar College; minutes from downtown and the Spohn Shoreline hospital district. Zoned to Menger Elementary, Baker Middle (rated "A"), and Ray High School. Real cash flow, flexible terms, and a location that holds tenant demand year-round - this is a property built to close.
Seller Financing Available. A cash-flowing fourplex, one block off Ocean Drive, priced to clear the 1% rule on real rent - and open to flexible terms. Whether you''re moving in, adding a stabilized asset to your portfolio, or racing a 1031 clock, this is a rare combination of location, income, and deal structure that doesn''t come around often in this neighborhood. Fourplex - all 2-bed / 1-bath units, 4,696 SF total on a 10,498 SF lot. Current income mix: 1 long-term tenant, 3 units operated as MTR/STR Rent collected: ~$4,438/mo - clears the 1% rule at list price (~1.2% rent-to-price ratio) Owner-occupants (FHA): Move into one unit and let the other three carry your mortgage. FHA financing opens the door with as little as 3.5% down, and the existing rent roll already supports strong debt coverage. Rarely does a property this well-located pencil this easily for a first-time buyer. Value-add investors: A stabilized asset that already cash flows, with upside still on the table - light unit turns, further STR/MTR optimization, and RUBS not yet implemented. You''re not betting on a turnaround; you''re buying performance and layering on growth. 1031 exchange buyers: Clean, income-producing, and easy to underwrite fast - built for buyers working against exchange deadlines who need certainty, not a project. Deal Terms - Built for Buyers - Seller financing available - flexible down payment and interest-only terms, ask for details. All-cash offers reviewed and prioritized. Open to FHA, DSCR, conventional, and 1031 exchange buyers. One block from Ocean Drive, in the established Del Mar / Bessar Park neighborhood. Walking distance to Del Mar College; minutes from downtown and the Spohn Shoreline hospital district. Zoned to Menger Elementary, Baker Middle (rated "A"), and Ray High School. Real cash flow, flexible terms, and a location that holds tenant demand year-round - this is a property built to close.
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.