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Residential Income - 429 Garfield Street, Oceanside, CA

$1,159,000

429 Garfield Street, Oceanside, CA

MLS# NDP2609687

429 Garfield Street, Oceanside, CA 92054 - $1,159,000 · Multi-Family Home for Sale, photo 1 429 Garfield Street, Oceanside, CA 92054 - $1,159,000 · Multi-Family Home for Sale, photo 2 429 Garfield Street, Oceanside, CA 92054 - $1,159,000 · Multi-Family Home for Sale, photo 3 429 Garfield Street, Oceanside, CA 92054 - $1,159,000 · Multi-Family Home for Sale, photo 4 429 Garfield Street, Oceanside, CA 92054 - $1,159,000 · Multi-Family Home for Sale, photo 5
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Description

Exceptional investment and development opportunity west of I-5 in coastal Oceanside! Ideal for investors, developers, or short-term rental (STR) hosts. California's SB 9, together with state and local ADU laws, offers the potential for up to four residential units on this property. The existing home is an updated 3-bedroom, 2.5-bath residence on an approximately 6,000 sq. ft. lot with alley access. Two bedrooms currently generate $3,000/month in rental income. The primary suite could generate an additional estimated $1,800/month, and completion of the approved garage ADU conversion could add another estimated $1,800/month, for a potential $6,600/month without constructing new buildings. Plans for three additional units, including the approved garage ADU conversion, are completed. Possible ocean views from a future second story or rooftop deck. Recent improvements include a new roof, new HVAC (A/C and heat), a new permitted en-suite primary bathroom, new Milgard windows, hydro-jetting of the sewer line, and electrical upgrades. Seller has also paid approximately $15,000 to the City for increased water capacity to serve the three additional units and obtained SDG&E approval for a 400-amp electrical upgrade. Detailed plans and receipts are available. Buyer to assume solar. Premium west-of-I-5 location. Walk to the beach, Oceanside Pier, downtown restaurants, gyms, and cultural events. Don't miss this exceptional opportunity!

Property details

Year built
1958
Property type
Residential Income
Lot size
5,946 sqft

Location

429 Garfield Street • Oceanside, CA 92054

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Listing Agent

Robyn Goodkind

DRE #: 01702897

Brokerage: Goodkind Properties

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CRMLS

MLS# NDP2609687

Listed: 10/20/2026 2:59 AM

© 2026 California Regional Multiple Listing Service, Inc.

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/20/2026 11:02 AM. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Goodkind Properties

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

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