Tremont St Oceanside, CA 92054

This exceptional Oceanside investment opportunity presents a 10,415 square foot parking lot situated on a 15,705 square foot lot (APN 150-047-02 ,150-047-03). The property, built in 1929 and boasting five stories, is zoned C2, offering significant development potential. Current plans allow for the construction of a mixed-use building with 15-20 units, potentially utilizing all five stories. The city's vision includes commercial space on the ground floor, complemented by residential units above. This prime location offers convenient alley access to the rear and street access via S Tremont Street. Its proximity to a new transit station and the beach adds significant value and appeal. The asking price for this remarkable property is $2,298,000. This is a rare chance to acquire a substantial parcel in a thriving coastal community with excellent potential for future growth and high returns. The existing parking lot provides immediate income potential while development plans are underway. Don't miss this opportunity to capitalize on the vibrant Oceanside market.