309 N Clementine Street N, Oceanside, California 92054, Oceanside, 92054 - 3 bed, 2 bath
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309 N Clementine Street N
Oceanside, California 92054
ACTIVE
CONDITION: TEAR DOWN
3Beds
2Baths
1,430Sq Ft
5,345Lot Size
Property Price
LIST PRICE$2,250,000
EST. MARKET VALUE
$2,089,508
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $2,250,000—positioned well above the $2,089,508 Fair Market Value by -7%. Featuring D-3 Zoning and Alley Access, this Single Family Residence is marketed strictly for its land value and redevelopment potential. With a Condition Rating of 6, the existing 1952 structure serves as a placeholder for high-density coastal development. This is a strategic acquisition ideal for Developers or 1031 Exchange Buyers targeting the rapidly growing Oceanside coastal market.
Estimated Market Value
$2,089,508
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 |
|---|---|---|---|---|---|---|
★ 309 N Clementine Street N Subject | $2,250,000* List Price | 3 | 2 | 1,430 | $1,461 | - |
A 316 S Ditmar Active | $1,849,000 List Price | 4 | 3 | 1,609 | $1,149 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1952 (>70 years old) with no significant renovations noted; listing explicitly markets the property for land value and redevelopment potential.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Coastal Location
Situated just blocks from the Oceanside Pier and beach, this property offers unparalleled access to downtown dining, shopping, and transit in a rapidly growing coastal market.
- High-Density Development Potential
The D-3 zoning and premier infill location provide a rare redevelopment opportunity for builders and investors to capitalize on high-value land use in a high-demand area.
- Enhanced Site Accessibility
The inclusion of alley access significantly improves site functionality, offering flexible design and parking options for future multi-unit or commercial construction.
CONSRISKS & DEFICIENCIES
- Premium Acquisition Cost
The $2.25 million list price reflects pure land value, creating a high barrier to entry that necessitates a sophisticated development plan to achieve a return on investment.
- Negligible Structural Value
The existing 1952 residence is sold in its current condition with no warranties, likely requiring demolition and clearing costs before new development can begin.
About 309 N Clementine Street N
Prime downtown Oceanside redevelopment opportunity! Exceptional D-3 zoned parcel in one of North County's fastest-growing coastal markets. This property is being offered for its outstanding land value and redevelopment potential, making it an ideal opportunity for developers, builders, investors, and 1031 exchange buyers seeking a premier infill location. Alley access enhances site functionality and future planning opportunities. Ideally located just blocks from downtown Oceanside, the beach, Oceanside Pier, restaurants, shopping, entertainment, and transit. Existing improvements are included in their current condition. Buyer to independently verify zoning, permitted uses, density, development potential, lot dimensions, and all building requirements with the City of Oceanside. Shown by appointment only. Please do not disturb occupants or walk the property without a confirmed appointment with the listing agent.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 5,345 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oceanside Unified Schools
Laurel Elementary School
Grades K-5 • 0.6 mi
3/10
Mission Elementary School
Grades K-5 • 1.0 mi
3/10
South Oceanside Elementary School
Grades K-5 • 1.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,430 | 1,758.131 |
| Lot Size | 5,345 | 6,591.383 |
| Price | $2.25M | $979.3K |
| Price per sq ft | $1.6K | $556 |
| Built year | 1952 | 1986 |
| HOA | $0 | $145 |
| Days on market | 25 | 44 |
Pricing History
Listed for Sale
Aug 15, 2026
$2,250,000
Initial Listing
Sold
Sep 2, 1998
$100,000
Public Record