Active

216 Pajama Dr

Oceanside CA, 92054

$799,995


$73.45 per sqft

Active

0.25 Acres

Land

Listed by Alexa Devaney with The Oppenheim Group 760-705-0968

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!

250018628SD

MLS ID

February 10, 2025

Listed

February 13, 2025

Updated

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

Level

Other Property Details

Area Name

92054 - Oceanside


Days on Market

2


Garage

No


Parking Total

0


View

No


County

San Diego


Pool

No


Zoning

RE-B

Listing Contact: 949-706-4974 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 2/13/2025. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 2/13/2025 at 11:11 AM UTC

 

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