The Flats, a newly constructed (2024) best in class multifamily and retail investment opportunity situated in the highly desirable beach community of South Oceanside. This boutique style property features 18 exquisitely designed residences and 2,785 square feet of upscale street front retail, offering a unique blend of the highest quality residential living and retail experience in a premier coastal market. The Flats is poised to capitalize on the strong demand for upscale living and retail experience catering to an affluent professional tenant base seeking a sophisticated coastal lifestyle within this sought after San Diego County coastal enclave. The 18 sophisticated residences at The Flats offer an ideal mix of spacious one and two bedroom floor plans meticulously crafted with elegant high end finishes and designer touches that rival custom homes. Interior highlights include 10 to 17.5 foot ceiling heights, gourmet kitchens with custom cabinetry, quartz countertops, and premium Samsung appliance package with high end Bosch cooktops, luxurious interiors featuring high ceilings and designer pendant lighting, and premium finishes throughout, including Delta hardware and seamless showers. Modern conveniences such as in unit washer/dryers, central air & heat and Milgard dual pane windows are standard, with units also offering oversized balconies and ocean views (select units). Beyond the exceptional residences, The Flats provides a comprehensive suite of modern amenities designed to attract and retain discerning residents. See Offering Memorandum attached in "Documents".