519 Camelot Dr, Oceanside, California 92054

$1,299,000

Property Type

Residential Income

City

Oceanside

Status

Active

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.