405 S. Tremont St, Oceanside, CA 92054

Property Description

INVESTMENT OPPORTUNITY! 10,029 sq.ft. CORNER LOT ZONED R-3! Ready made project designed, engineered & ready for entitlement w/City of O'side perfectly positioned next to new development. Proposed beautiful up-scaled 8-unit Condo complex/private rooftop decks. 2 & 3 B, 2.5 B, 2-car garages. All utilities to property/great alley access. Short walk to beach, booming developing downtown & kitty corner to Amtrack parking. Fenced Home currently rented with tenant happy to stay. See supplement & Attachments. A builders dream project! Beautiful corner lot with ideal location positioned right up against several new up-scale condominiums units already built. Plans have been designed, engineered and are very close to final entitlement with the city of Oceanside. Eight great individual residences with both 2 and 3 bedrooms, 2 baths, 2-car garages and private roof-top decks (some with ocean views). Appealing up-scale design with desirable open floor plans boasting a great room concept which opens out with sliding doors to a private balcony. Perfectly located near tremendous downtown revitalization including restaurants, entertainment, shops, public transportation and easy access to the beach and Oceanside. The existing Craftsman home is currently rented with excellent tenants who are happy to stay until construction begins providing great security and income for the property. Property is already approximately 70% fenced and all utilities are at the property. A rare find for a lot this size located this close to the beach and downtown. This is truly a fabulous opportunity for a great property with a great location and the best part is that it is already to go!. Neighborhoods: Oceanside Other Fees: 0 Sewer: Sewer Connected Topography: LL