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Residential Income - 519 Camelot Dr, Oceanside, CA

$1,299,000

519 Camelot Dr, Oceanside, CA

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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.

Property details

Year built
1960
Property type
Residential Income

Location

519 Camelot Dr • Oceanside, CA 92054

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Listed by

Gabriela Cueto · Compass

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