1622 S Tremont Street, Oceanside, California 92054, Oceanside, 92054 - 0 bed, 0 bath
Loading property details...
Oceanside, California 92054
This Quadruplex Residential Income property is a High-Potential Investment Opportunity, listed at $2,499,000—positioned slightly above the $2,448,050 Fair Market Value. Featuring a Good Condition Rating, the compound includes a 1951 front home and three 1984 units, all with individual utility metering and exceptional parking capacity (5 garages). Located in a prime coastal area near top-rated schools like Sage Creek High, this asset offers significant rental demand. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating coastal compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1622 S Tremont Street Subject | $2,499,000* List Price | 0 | 0 | 2,808 | $872 | - |
A 712 S Myers Street Active | $2,000,000 List Price | 0 | 0 | 2,327 | $859 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structures date back to 1951 and 1984, the property shows significant pride of ownership and modern updates. Interior images reveal recently renovated bathrooms with contemporary tile and glass enclosures, updated flooring, and the addition of modern mini-split HVAC systems. The units appear well-maintained, functional, and move-in ready, fitting the 5-15 year renovation window for a 'Good' rating.
High School: Sage Creek High School (9/10).
Situated west of South Coast Highway and just blocks from the beach, this property is located in the highly desirable South Oceanside area, offering excellent proximity to local dining, shopping, and coastal amenities.
The property features a rare amount of off-street parking for a coastal asset, including five garage spaces and four driveway spots, providing significant value and convenience for tenants in a high-density area.
All units, including the three-bedroom front residence, contain only one bathroom, which may limit the rental price ceiling and appeal to larger families or high-end tenants.
The front house was built in 1951, which may necessitate higher maintenance costs or capital improvements to modernize systems and finishes compared to the newer 1984 units.
A rare coastal investment opportunity, a few blocks to the beach, this pride-of-ownership four-unit property offers exceptional versatility, strong income, and an unbeatable location on a quiet residential street West of S. Coast Hwy. South Oceanside is everyone's favorite location offering ease and proximity to the beach, charming shops, excellent restaurants, coffee shops, the beach, and connection to the Coast Highway and the 5 and 78 freeway. The property features a charming detached single-level 3-bedroom, 1-bath front home on South Tremont built in 1951, along with three well-maintained 1-bedroom, 1-bath units built in 1984 behind. Whether you're seeking an owner-occupant setup with supplemental rental income or a prime long-term investment opportunity, this property offers endless potential. Situated on a generously sized lot, the property boasts an incredible amount of off-street parking, including five garage spaces (4 separate garages) plus additional driveway parking up to 4 spots — a rare amenity this close to the coast. The spacious garages provide ample storage for surfboards, bicycles, beach gear, and more. There is an additional bonus room as well as a communal laundry room. Each unit is individually metered for gas and electricity, creating convenience for both owners and tenants. This unique coastal compound combines classic beach-town charm with strong investment fundamentals in one of the area's most desirable locations.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,808 | 1,299.5 | 75% |
| Lot Size | 6,478 | 5,631 | 50% |
| Price | $2.50M | $1.43M | 75% |
| Price per sq ft | $890 | $1.0K | 25% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 156 | 25% |
May 26, 2026
$2,499,000
Initial Listing
Jul 15, 2021
$1,849,000
Public Record