26
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$799,995
Est. payment /mo
0.25 Acres Lot
Active
216 Pajama Dr #0 Oceanside, CA 92054
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UPDATED:
02/20/2025 07:00 PM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
Subdivision Oceanside
MLS Listing ID 250018628
HOA Y/N No
Lot Size 0.250 Acres
Acres 0.25
Property Sub-Type Lots/Land
Property Description
Four unit SB9 & ADU Development Opportunity – Oceanside 92054 This 10,361 sq. ft. vacant lot in a prime Oceanside location is approved for a 4-unit SB9 development with up to 3,626 sq. ft. of dwelling space. Plans include four detached 3-bed, 2.5-bath homes with private yards and 2-car garages. Projected gross rent is $25,000/month, with an estimated $1.5M build cost and a post-construction value of $3.5M–$4.2M (5% cap rate, $210K NOI). Utilities are confirmed, SDGE upgrades are funded, and water access is verified. Geotechnical and environmental reports are cleared, making this a turnkey investment opportunity. Don't miss out—contact us today!
Location
State CA
County San Diego
Community Oceanside
Area Oceanside (92054)
Zoning RE-B
Exterior
Fence Full
Building
Lot Size Range 7500-10889 SF
Water Available
Others
Acceptable Financing Conventional, FHA, VA
Listing Terms Conventional, FHA, VA
Virtual Tour https://www.propertypanorama.com/instaview/snd/250018628
Listed by Alexa R Devaney • The Oppenheim Group