33.192771 -117.362637
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Listed by The Oppenheim Group, Alexa Devaney.

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216 Pajama DrOceanside, CA 92054

Active
$799,995
0.25 Acres

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!


FACTS & FEATURES

  • Property Type:
    Land
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    0
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    0 SqFt
  • Lot Size:
    0.25 Acres
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    92054 - Oceanside
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  • Senior Community:
    False
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LOCATION


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Listing Office: The Oppenheim Group. Listing Agent: Alexa Devaney. Listing ID: 250018628SD

Last Updated February 24, 2025 8:58 AM
Data last checked against CRMLS on April 5, 2025 6:52 AM

Based on information from California Regional Multiple Listing Service, Inc. as of April 5, 2025 6:52 AM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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