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Angel Ramirez

angel@ramirezrealtygroup.com +1(619) 818-4318

$ 1,100,000

Est. payment | -/mo

0.42 Acres Lot

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$ 1,100,000

Est. payment | -/mo

Save Virtual Tour

0.42 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Oceanside

MLS Listing ID 260018461SD

HOA Y/N No

Year Built 1958

Lot Size 0.422 Acres

Property Description

Landmark Multifamily is proud to present the opportunity to acquire 1303-1305 Bush Street (APN:148-064-12-00) & adjoining vacant residential parcel (APN:148-064-25-00), a rare two-parcel assemblage totaling 18,399 SF in the heart of Oceanside. According to the City of Oceanside, the 11,680 SF improved parcel is allowable for up to seven (7) residential units, while the adjoining 6,719 SF vacant parcel is allowable for up to four (4) residential units, creating an exceptional multifamily value-add and development opportunity. Offered for the first time in over 27 years, the property consists of two contiguous R-3/CZ parcels, including a duplex with renovation potential and an adjacent vacant residential lot. The existing duplex, built in 1958, features two 2BR/1BA units of approximately 816 SF each with month-to-month tenants, providing investors the flexibility to renovate, reposition rents, or pursue future redevelopment. The improved parcel may also accommodate up to two detached ADUs and one conversion ADU, subject to applicable zoning, development standards, and City approvals. The City recently completed installation of a new sewer line, further enhancing the property's long-term appeal. Ideally located just minutes from Downtown Oceanside, the Pier, beaches, shopping, dining, and major transportation corridors, this is a rare opportunity to acquire a prime coastal infill investment with significant upside. BUYER TO INDEPENDENTLY VERIFY all zoning, density, development standards, and permitted uses with the City of Oceanside.

Location

State CA

County San Diego

Area 92058 - Oceanside

Building/Complex Name NA

Interior

Cooling None

Fireplace No

Exterior

Fence None

View Y/N No

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 1480641200

Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/260018461

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Listed by Tanner Watkins Landmark Multifamily and Development #02212999

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 818-4318

angel@ramirezrealtygroup.com

310 Third Ave Suite # C-3, Chula Vista, California 91910, United States

1303 5 Bush St Oceanside, CA 92058

Angel Ramirez

Key Details

Location

Interior

Exterior

Building

Others

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1303 5 Bush St