This exceedingly desirable tourist neighborhood, and its undeniable expectations for strong equity growth within the next 5 years, offers a prime opportunity for either an investor - or for a buyer who is merely looking to raise a family in a classically preserved home within this well loved coastal neighborhood simply known as 'Seaside'.
This property features an R2 elevated oceanview lot, may be eligible for Mills Act tax benefits, and is located west of the 5.
A 1928 historical beach bungalow - just 5 short blocks from San Diego's most beautiful beaches, the train station, downtown, unique restaurants, the Harbor, and exciting Sunset Market every Thursday night! This property has a serene yet elevated premium lot, which is buffered from beach and Hwy 5, yet sits in the heart of downtown new redevelopments that are just getting underway. A new 4 star hotel has just been unanimously approved and will include meeting spaces, 2 hotel and shopping structures, and will begin construction next year. 6 new popular pubs and eateries have opened up during the last 3 months - all within a few blocks of the property. Please see these links for more info on approved and pending projects:
Pending Downtown Development chart:
Mission Avenue proposed improvements: Completed in September of 2014
- Lot: 5,000 sqft
- Single Family
- Built in 1929
- 49 days on Zillow
- Heating: Wall
- Last sold: Feb 2006 for $546,000
- Price/sqft: $816
- MLS #: 140064856
- Cable Ready
- Ceiling Fan
- Fenced Yard
- Flooring: Hardwood, Tile
- Hot Tub/Spa
- Jetted Tub
- Parking: 1 space
- RV Parking
- Sprinkler System
- View: Park, Water
- Office area attached to Carriage House is in process of being permitted.
- Range / Oven
- Dining room
- Family room
- Exterior material: Stucco
- Roof type: Other
- Room count: 9
- # Stories: 1.0
- Structure type: Bungalow
- Unit count: 1
- Floor size: 974 sqft
- Heating: Gas
- Last remodel year: 2007
- Parcel #: 1502121100
- Zillow Home ID: 16582571
The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table
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The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
Popularity on Zillow
Market guideZillow predicts Oceanside home values will rise 2.3% next year, compared to a 2.2% increase for San Diego Metro as a whole. Among Oceanside homes, this home is 89.9% more expensive than the midpoint (median) home, and is priced 213.8% more per square foot.
Foreclosures will be a factor impacting home values in the next several years. In Oceanside, the number of foreclosures waiting to be sold is 12.7% higher than in San Diego Metro, and 8% higher than the national average. This higher local number may prevent Oceanside home values from rising as quickly as other regions in San Diego Metro.
Learn more about forecast calculations or Oceanside home values.
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|509 S Nevada St # B Oceanside, CA||$634K||--||--||--|
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Nearby Schools in Oceanside
Data by GreatSchools.org
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