REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 799,995
Est. payment /mo
Active
216 Pajama Dr Oceanside, CA 92054
0.25 Acres Lot
UPDATED:
02/13/2025 01:09 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Oceanside
MLS Listing ID 250018628SD
HOA Y/N No
Lot Size 10,890 Sqft
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
Area 92054 - Oceanside
Zoning RE-B
Interior
Fireplace No
Exterior
View Y/N No
Building
Lot Description Level
Others
Senior Community No
Tax ID 1490704700
Acceptable Financing Conventional, FHA, VA Loan
Listing Terms Conventional, FHA, VA Loan
Listed by Alexa Devaney • The Oppenheim Group