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1931 South Coast Highway

Dan & Cynthia Kronemyer Family Trust Acquires Mixed-Use Asset In Oceanside For $14.425M
SOLDMixed-use

Dan & Cynthia Kronemyer Family Trust Acquires Mixed-Use Asset In Oceanside For $14.425M

1931 South Coast Highway

$14,425,000

Building Size

Asset Type

Mixed-use

Closing

Feb 9, 2026

AI

The Flats is a mixed-use property located at 1931 South Coast Highway in Oceanside, featuring 18 units and a total of 2,785 square feet of ground-floor retail space. The transaction was completed for a sale price of $14,425,000, resulting in a price per unit of $801,389.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $14,425,000
  • Units: 18
  • Price Per Unit: $801,389
  • Address: 1931 South Coast Highway
  • Market: Oceanside

The buyer of the property is the Dan and Cynthia Kronemyer Family Trust. The seller, FABRIC, was represented by brokers Rachel Parsons, Philip Buckley, and Anna Kampling, while Conor Brennan represented the buyer in this transaction.

Players

Rachel Parsons

CBRE

Broker

$1.2B

vol

15 deals

Broker

Oceanside Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.10%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93