519 Camelot Dr, Oceanside, CA 92054

$1,299,000

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List Price
$1,299,000
Status
ACTIVE
MLS#
260021272SD
Year Built
1960
Days on Market
16
Property Type
Multifamily
Stories
One Level
Neighborhood
Oceanside

Property Description

Currently rented ……This income producing property with two rental units and an extensive back yard, make this corner-lot a unique opportunity with both comfortable living and strong income potential. The main home features 3 bedrooms and 2 full bathrooms, a spacious kitchen, bright living areas, a dedicated laundry room, a large yard with mature trees. The property also includes an attached unit, originally, a garage that had been converted into a separate 2 bedrooms, 1 full bathroom residence. This unit includes its own kitchen and a private laundry closet, making it ideal for rental income. It is currently leased on a month-to-month basis. Additionally, the rear of the property offers significant expansion potential. Plans and permits are currently under review with the city for the construction of an approximately 2,000 sq ft ADU. Once approved and build , this addition will further enhance the property’s value and create the opportunity for three separate income-producing units. Budget for further construction will provided upon request. Solar panels in the property provide energy saving expense in both units.

Additional Information

Cooling
Yes
Cooling Description
Central Air, See Remarks
Roof
Concrete
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$3,650

Listing courtesy of Listing Agent: Gabriela Cueto (dcuetogabby@gmail.com) from Listing Office: Compass.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.