907 Cleveland StOceanside, CA 92054

This exceptional 13,148 square foot lot in Oceanside, California, presents a remarkable multifamily development opportunity. Located just four blocks from the Pacific Ocean and two blocks from the scenic Coast Highway, this R-3 zoned property allows for the construction of up to 13 new residential units, per Oceanside's zoning ordinance. Building height is capped at 35 feet or three stories, whichever is less. The property currently generates $3,120 per month in income from a month-to-month tenant operating a car repair business. Situated one mile from the Oceanside Pier, this location offers future residents unparalleled access to the vibrant coastal lifestyle Oceanside has to offer. This prime coastal San Diego North County location is experiencing substantial investment and new construction, making this a compelling opportunity for developers seeking a high-demand market with existing multifamily zoning. The property's APN is 150-371-14. The asking price is $2,200,000.