Landmark Multifamily is proud to present the opportunity to acquire 1303-1305 Bush Street and the adjoining vacant residential parcel, a rare two-parcel assemblage totaling 18,399 square feet in the heart of Oceanside. Offered for the first time in over 27 years, the offering consists of two contiguous parcels, including a duplex with renovation potential situated on an 11,680 SF lot and an adjacent 6,719 SF vacant residential lot, creating an exceptional value-add and development opportunity in one of North County San Diego's fastest-growing coastal markets.
The existing duplex, built in 1958, consists of two 2-bedroom / 1-bathroom units, each approximately 816 square feet. While the property has been well maintained, the interiors offer an excellent opportunity for renovation and rental repositioning. Both tenants are currently on month-to-month leases, providing investors with maximum flexibility to renovate the existing improvements, increase rental income, or pursue a future redevelopment strategy. Additionally, the City recently completed installation of a new sewer line, further enhancing the property's long-term investment appeal.