1303 5 Bush Street
Oceanside, CA, 92058 $ 1,200,000
Baths0.0 Monthly Estimate*
$ 7,577
Listed by Landmark Multifamily and Development
Studio for $1,200,000. This home was built in 1958 on a lot size of 0.4224.
Landmark Multifamily is proud to present the opportunity to acquire 1303-1305 Bush Street and the adjoining vacant residential parcel, a rare two-parcel assemblage totaling 18,399 SF in the heart of Oceanside. According to the City of Oceanside, the 11,680 SF improved parcel is allowable for up to seven (7) residential units, while the adjoining 6,719 SF vacant parcel is allowable for up to four (4) residential units, creating an exceptional multifamily value-add and development opportunity. Offered for the first time in over 27 years, the property consists of two contiguous R-3/CZ parcels, including a duplex with renovation potential and an adjacent vacant residential lot. The existing duplex, built in 1958, features two 2BR/1BA units of approximately 816 SF each with month-to-month tenants, providing investors the flexibility to renovate, reposition rents, or pursue future redevelopment. The improved parcel may also accommodate up to two detached ADUs and one conversion ADU, subject to applicable zoning, development standards, and City approvals. The City recently completed installation of a new sewer line, further enhancing the property's long-term appeal. Ideally located just minutes from Downtown Oceanside, the Pier, beaches, shopping, dining, and major transportation corridors, this is a rare opportunity to acquire a prime coastal infill investment with significant upside. Buyer to independently verify all zoning, density, development standards, and permitted uses with the City of Oceanside. Contact:tanner@sdlandmark.com
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FeaturesGeneralCooling None
Roof Composition
HOA Fee 0
Year Built 1958
Tenant Pays Cable TV Electricity Gas Trash Collection Water
Stories Count 1
Levels One
County San Diego
Net Operating Income 0
Property Type Residential Income
Subdivision Name Oceanside
Status Active
Directions CrossStreet: Bush St Mc Neil St
City Oceanside
Senior Community Y/N false
Number Of Units Total 2
MLS Area 92058 - Oceanside
Lot Size Units Square Feet
Lot Size Square Feet 18399
Listing Terms Cash Conventional Cal Vet Loan FHA VA Loan
Standard Status Active
Cap Rate 0
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InteriorTotal Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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ExteriorFencing None
Total Parking 0
Lot Size Area 18399
Park Name NA
Number of Buildings 1
Spa false
Lot Size Acres 0.4224
Lot Size Source Public Records
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* Excluded FeaturesList ByLandmark Multifamily And DevelopmentBroker
tanner@sdlandmark.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,577
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Oceanside, CA
Average List Price $2,254,083
Percent of Sale Price 88%
About Oceanside, CA 178,411 Population
11% Since 2002
$ 60,771 Median Income
37.07 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/29/2026 | $1,200,000 | | Listed Price |