114 S Tremont Street, Oceanside, California 92054, Oceanside, 92054 - 3 bed, 1 bath
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Oceanside, California 92054
This Coastal Redevelopment Asset is listed at $1,700,000, representing a strategic investment premium over the $1,577,067 Fair Market Value. With a Condition Rating of 6, the 1922 structure is functionally obsolete, shifting the primary value to the 5,243 sqft lot and its Mixed-Use Zoning potential. Located two blocks from the Oceanside Pier with Alley Access, the site is positioned for high-density development near Oceanside High School in the Oceanside Unified district. This represents a high-growth opportunity for Developers or Commercial Investors seeking a foothold in a dynamic coastal market.
Property is land value only, full reconstruction required.
Built in 1922, this 102-year-old structure is significantly past the 50-year threshold for a tear-down with no evidence of recent major renovations. The listing is marketed primarily for its land value and mixed-use redevelopment potential, supported by architectural renderings of a new multi-story building. The existing 800 sqft residence is functionally obsolete for the $1.7M price point and coastal commercial location.
Situated just two blocks from the Oceanside Pier and beach, this property offers exceptional walkability to downtown restaurants, shopping, and transit corridors in a high-demand coastal market.
The rectangular lot features valuable alley access and mixed-use zoning potential, providing a rare opportunity for investors or developers to capitalize on Downtown Oceanside's ongoing redevelopment.
The existing single-family residence allows for immediate rental income or owner-occupancy, providing flexibility while future development plans are explored and permitted.
At a list price of $1.7M for only 800 square feet of living space, the value is heavily weighted in the land and potential rather than the current aging structure.
Built in 1922, the property features a small 3-bedroom, 1-bathroom configuration that likely requires significant modernization or demolition to achieve its highest and best use.
Rare opportunity to acquire a coastal commercial property with mixed-use potential in the heart of Downtown Oceanside. Located just two blocks from the iconic Oceanside Pier and beach, this highly walkable property offers immediate access to restaurants, coffee shops, shopping, nightlife, transit corridors and ongoing redevelopment. Situated on a rectangular parcel with valuable alley access, the site provides strong visibility, flexibility, and long-term upside in one of North County San Diego’s most dynamic coastal markets. The property is currently improved with a single-family residence, allowing for immediate use or interim income while future plans are explored. Well-positioned for investors, developers, or owner-users seeking a foothold in a high-growth, coastal downtown location, 114 S Tremont Street represents an exceptional Oceanside offering. Buyer to verify zoning, permitted uses, and development potential.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 7% |
| Square foot | 800 | 1,601.5 | 2% |
| Lot Size | 5,243 | 7,500 | 25% |
| Price | $1.58M | $1.39M | 69% |
| Price per sq ft | $2.0K | $782 | 98% |
| Built year | 1922 | 1963 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 125 | 18% |
Jun 1, 2026
$1,585,000
$1,700,000
-7% Price Drop
Initial Listing
Apr 20, 2026
$1,700,000
Initial Listing
Oct 26, 2023
$1,180,000
Public Record
May 16, 2023
$780,000
Public Record