907 S Cleveland

Top Gun CRE, Inc. is pleased to present an attractive coastal multifamily development opportunity in Oceanside, CA. Amazingly situated just four blocks off the Pacific Ocean to the west, two blocks off S. Coast Highway to the east, and one mile to the Oceanside Pier to the north, this lot at 907 S. Cleveland St. provides future residents all the best amenities that Oceanside has to offer.

Specifically, this lot is currently zoned R-3 and is approximately 13,148 square feet in size which allows for up to 13 new units based off the City of Oceanside’s zoning ordinance. Developers will also be able to build up to 35 ft, or 3 stories, whichever is less. There is a current month-to-month tenant on the property that has a car repair business. The tenant pays $3,120 / month.

In summary, this lot represents a fantastic development opportunity for developers looking at prime coastal San Diego North County locations that already have the multifamily zoning in place, and all with the vibrant Oceanside market which is continuing to experience substantial investment and new construction.