location:

The property is located in the established Fire Mountain neighborhood of Oceanside, offering convenient access to the coast, major transportation routes, shopping, dining, and other local amenities. The surrounding area consists primarily of established residential neighborhoods, making the property an attractive infill development opportunity in a desirable coastal location.

property profile:

The subject property presents a potential mixed-use development opportunity on approximately 2.60 acres of vacant land identified as APN 149-340-16. The property is currently zoned Commercial Professional (CP) and is designated Centers Mixed Use (CeMU) under the City of Oceanside’s recently adopted General Plan. The CeMU designation expands the property’s long-term development potential, allowing high density residential, along with a range of commercial and service-oriented uses, at a maximum residential density of 55 dwelling units per acre and a maximum FAR of 3.0. While a zoning update would be required to implement the General Plan designation, the property provides an opportunity to pursue a residential or mixed use project in an established Oceanside location. Based on the site’s topography and an estimated two acres of usable area, a project of approximately 60 to 70 residential units, potentially consisting of apartments or townhomes with a limited commercial component, appears to be a reasonable development scenario. The property offers a buyer the opportunity to acquire a well-located infill development site with additional upside through future zoning and entitlement efforts.

jurisdiction:

City of Oceanside

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