429 Garfield Street, Oceanside, CA 92054

$1,159,000
3
BD
3
BA
1,212
SqFt

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List Price
$1,159,000
Status
ACTIVE
MLS#
NDP2609630
Year Built
1958
Bedrooms
3
Bathrooms
3
Living Sq. Ft
1,212
Lot Size
5,948
Acres
0.14
Lot Location
Back Yard, Front Yard, Lot Over 40000 Sqft
Days on Market
17
Property Type
Single Family Residential
Property Sub Type
Single Family Residence
Stories
One Level

Property Description

Unique opportunity west of I-5 in coastal Oceanside! Ideal for owner-occupant, investor, developer, second homeowner or short-term rental (STR) host. California's SB 9, together with state and local ADU laws, offers the potential for up to four residential units on this property. The existing home is an updated 3-bedroom, 2.5-bath residence on an approximately 6,000 sq. ft. lot with alley access. Plans for three additional units, including an approved garage ADU conversion, are completed. Strong existing and projected rental income potential. Possible ocean views from a future second story or rooftop deck. Recent improvements to the existing home include a new roof, new HVAC (A/C and heat), a new permitted en-suite primary bathroom, new Milgard windows, hydro-jetting of the sewer line, and electrical upgrades. Seller has also paid approximately $15,000 to the City for increased water capacity to serve the three additional units and obtained SDG&E approval for a 400-amp electrical upgrade. Detailed plans and receipts are available. Buyer to assume solar. Premium west-of-I-5 location. Walk to the beach, Oceanside Pier, downtown restaurants, gyms, and cultural events. Don't miss this exceptional opportunity!

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Central Air
View
Neighborhood
Garage Spaces Total
1
School District
Oceanside Unified
Interior Features
All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
Attached Structure
Detached

Listing courtesy of Listing Agent: Robyn Goodkind (RGoodkind@gmail.com) from Listing Office: Goodkind Properties.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.