1330 Bush Street, Oceanside, California 92058, Oceanside, 92058 - 5 bed, 3 bath
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1330 Bush Street
Oceanside, California 92058
ACTIVE
CONDITION: GOOD
5Beds
3Baths
1,826Sq Ft
4,974Lot Size
Property Price
LIST PRICE$1,199,000
EST. MARKET VALUE
$1,116,860
7% AboveMARKET VALUE
SUMMARY
This coastal property represents a High-Potential Investment Opportunity, listed at $1,199,000—positioned above the $1,116,860 Fair Market Value. Featuring a Condition Rating of 3, the asset includes a 1958 main residence and a 2014 addition, totaling 1,826 sqft. The R3 Coastal Zoning and included 5,023 sqft vacant lot provide significant development upside for a triplex or multiple ADUs. This is a strategic acquisition for Buy-and-Hold Investors or Developers seeking to maximize long-term rental income and density in a prime Oceanside location.
Estimated Market Value
$1,116,860
Based on Realkey algorithm analyzing recent comparable sales in Oceanside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1330 Bush Street Subject | $1,199,000* List Price | 5 | 3 | 1,826 | $612 | - |
A 1315 Bush St Pending | $889,000 List Price | 3 | 2 | 1,458 | $610 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1958, the property features a significant addition and renovation from 2014 (12 years old). The kitchen and bathrooms are functional and well-maintained, and the home includes modern mini-split HVAC systems and fresh paint, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Development Potential
The R3 coastal zoning combined with the included 5,023 sqft vacant lot offers rare flexibility to develop a triplex or multiple ADUs, maximizing long-term investment value.
- Income-Generating Configuration
With two distinct living spaces including a 2014-built addition with its own kitchen, the property is move-in ready for multigenerational families or immediate rental income.
- Prime Coastal Location
Ideally situated near the Oceanside Pier, Harbor, and major transit corridors like the I-5, providing high desirability for tenants and easy access to local amenities.
CONSRISKS & DEFICIENCIES
- Mandatory Package Purchase
The requirement to purchase the home and the adjacent vacant lot together increases the total acquisition cost and may complicate financing for some buyers.
- Vintage Primary Structure
The main residence dates back to 1958, which may necessitate higher long-term maintenance costs or infrastructure upgrades compared to newer developments.
About 1330 Bush Street
Welcome to this Coastal R3 Investment Opportunity! This property (APN: 148-063-20-00) is preferred to be sold together with the adjacent vacant LOT (APN: 148-063-21-00, MLS# OC26010908), offering a unique opportunity to acquire two contiguous parcels with exciting development potential. This Two Homes on One LOT + Additional Vacant LOT (listed separately) currently listed for sale in Oceanside. Discover an exceptional investment and development opportunity in the heart of Oceanside. This unique property features two homes on one LOT all situated within an R3 coastal zoning area, offering incredible flexibility for homeowners, investors, and developers alike. The main residence offers 1,246 square feet of living space with 3 bedrooms and 2 bathrooms on a 4,974-square-foot lot. The home has been freshly painted inside and out and features mini-split heating and air conditioning throughout the house and the attached addition for year-round comfort. Built in 2014, the attached addition provides an additional 580 square feet of living space and includes 2 bedrooms, 1 bathroom, and a full kitchen, making it ideal for multigenerational living, guest accommodations, or rental income. Together, both living spaces offer a total of 1,826 square feet, plus an additional 400-square-foot detached garage. Adding even more value is the separate 5,023 sqft vacant LOT, creating endless possibilities for future development. Under the R3 coastal zoning designation, buyers may have the opportunity to build a new home with up to four ADUs (two detached ADUs, one conversion ADU, and one JADU) or potentially develop a triplex. Buyers are encouraged to verify all development opportunities with the City of Oceanside. Ideally located just minutes from the iconic Oceanside Pier, Oceanside Harbor, beautiful beaches, Camp Pendleton, and major transportation corridors, including Highways 5, 76, and 78, this property offers the perfect combination of coastal living, income potential, and long-term investment value. Opportunities like this are incredibly rare. Whether you're looking to expand your real estate portfolio, develop additional units, or create a multigenerational coastal compound, this property offers unlimited potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- 4,974 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oceanside Unified Schools
Mission Elementary School
Grades K-5 • 0.6 mi
3/10
San Luis Rey Elementary School
Grades K-5 • 2.5 mi
3/10
Jefferson Middle School
Grades 6-8 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,826 | 1,758.131 |
| Lot Size | 4,974 | 6,591.383 |
| Price | $1.20M | $979.3K |
| Price per sq ft | $657 | $556 |
| Built year | 1958 | 1986 |
| HOA | $0 | $145 |
| Days on market | 19 | 44 |
Pricing History
Listed for Sale
Aug 21, 2026
$1,199,000
Initial Listing
Sold
Mar 20, 2014
$40,000
Public Record
Sold
Jul 25, 2008
$15,000
Public Record