1949 Lincoln St, Oceanside, CA 92054

Property Description

Stunning west-of-5 home with private fully-fenced ADU in the heart of popular South Oceanside just a quick walk to the beach, situated on over-sized 11,000 sq ft lot. Ideal for owner-occupant who wants on-site revenue. Main home is single level featuring 3 bedrooms and 2 baths in approx 1,400 sq ft., currently owner occupied -- projected rent of $4,000/mo. for long-term lease. Guest house is an adorable 2-story unit with 1 bedroom and 1.5 baths in approx 727 sq ft. It's attached to the main house with its own private entrance and fully fenced front & back yards. It has been a successful licensed vacation rental ($162/night) and has a 6-month lease starting 9/1/22 at $2,400/mo. Entire property runs on fully owned solar installed in 2020-2022. Home has indoor-outdoor orientation; beautiful back yard ideal for entertaining has large covered patio, custom concrete/stone bar-height table seats up to 14 people, gas fire-pit, gas grill, stone counter and sink w/hot&cold water; mature avocado tree. Main house has 2-car garage with 50 amp EV plug-in. There's a bonus outdoor covered area perfect for storage of surfboards and other equipment. Roof is 4 years old. NO HOA. South Oceanside is a highly desirable walkable community that offers trendy shops, restaurants, grocery stores, and cafes. It's just a few minutes to Carlsbad and there's quick access to both Highway 78 and the I-5. South Oceanside Elementary School is 2 blocks from this home. Don't miss this unique opportunity to live in your own South O home with an income-generating unit on site.