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Key Details
Sold Price $1,675,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2205256
Sold Date 08/05/22
Bedrooms 7
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
Property Description
Residential/Commercial/Mixed Use Development Opportunity in a highly desirable area of coastal Oceanside 1 block west of S Coast Hwy and approximately 6 blocks to the beach! Zoned C2 and the zoning allows for mixed use commercial development. Possible development of 5 residential units or 5 residential units with a commercial component. 4 story construction allowed with a height limit of 45 feet. Possible rooftop decks with ocean views. The large 5054 sq foot lot is close to freeways, beach access, a thriving hub of restaurants and craft breweries, shopping, etc. The property is currently a 4 unit multi-family use with under market rents and has some deferred maintenance. Highest and Best Use would be to build new in this thriving area or do a rehab of the units and property.
Location
State CA
County San Diego
Direction Corner of West St and S Tremont
Interior
Fireplace No
Exterior
View Y/N No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Reza Marashi Mara Real Estate
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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