429 Garfield Street
Oceanside, CA 92054
$1,159,000
Exceptional investment and development opportunity west of I-5 in coastal Oceanside! Ideal for investors, developers, or short-term rental (STR) hosts. California's SB 9, together with state and local ADU laws, offers the potential for up to four residential units on this property. The existing home is an updated 3-bedroom, 2.5-bath residence on an approximately 6,000 sq. ft. lot with alley access. Two bedrooms currently generate $3,000/month in rental income, primary suite could yield est $1,800/month more, and completion of approved garage ADU conversion could add another est $1,800/month, for a potential $6,600/month without constructing new building. With construction of new building, total rental revenue is estimated at $216,000 / year. Plans for the additional units, including the approved garage ADU conversion, are completed. Recent improvements to existing house include new roof, HVAC (A/C and heat), en-suite primary bath, Milgard windows, and more. Seller has paid approx $15k to City for increased water capacity and has obtained SDG&E approval for a 400-amp electrical upgrade. Detailed plans and receipts are available.
| Listing Id: | NDP2609687 |
|---|---|
| List Price: | $1,159,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 3 |
| Association Fee: | $0 |
| Lot Size Square Feet: | 5,946.0 |
| Waterfront?: | No |
| City: | Oceanside |
| County Or Parish: | San Diego |
| Postal Code: | 92054 |
| Year Built: | 0 |
| Number Of Units Total: | 1 |
| Basement: | false |
| Bathrooms Total Integer: | 3 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Directions: | West of I-5 |
| Living Area Units: | Sqft |
| Lot Size Area: | 0.1365 |
| Lot Size Units: | Acres |
| Parcel Number: | 1502420800 |
| Photos Change Timestamp: | 2026-10-21T00:00:06Z |
| Pool Features: | N/K |
| State Or Province: | CA |
| Stories Total: | 1 |
| Zoning: | Assessor |
| Sdmls Neighborhood: | Seaside |
| Sdmls Area Zip: | OCEANSIDE (92054) |
| Original List Price: | $1,159,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Showing Instructions: | Text Robyn for an appointment at 760-917-0156. Showings for serious and qualified buyers only. By requesting an appointment, agent confirms that the buyer has current pre-approval and/or proof of funds for this purchase. |
| Site: | Sidewalks |
| Listing Terms: | Cash, Conventional, FHA, VA |
| Sdmls Unit Numfor Unit1: | 0 |
| Sdmls Cfd Mello Roos Fee Reflct: | Year |
| Number Of Buildings: | 1 |
| Sdmls Mt: | 141 |
| Sdmls Geo Update Timestamp: | 2026-10-20T17:43:38.4 |
| Sdmls Full Address: | 429 Garfield Street |
| Sdmls Unit1 Beds: | 3.0 |
| Sdmls Lot Size: | 4, 000-7, 499 SF |
| Sdmls Supplement Remarks: | Exceptional investment and development opportunity west of I-5 in coastal Oceanside! Ideal for investors, developers, or short-term rental (STR) hosts. California's SB 9, together with state and local ADU laws, offers the potential for up to four residential units on this property. The existing home is an updated 3-bedroom, 2.5-bath residence on an approximately 6, 000 sq. ft. lot with alley access. Two bedrooms currently generate $3, 000/month in rental income, primary suite could yield est $1, 800/month more, and completion of approved garage ADU conversion could add another est $1, 800/month, for a potential $6, 600/month without constructing new building. With construction of new building, total rental revenue is estimated at $216, 000 / year. Plans for the additional units, including the approved garage ADU conversion, are completed. Recent improvements to existing house include new roof, HVAC (A/C and heat), en-suite primary bath, Milgard windows, and more. Seller has paid approx $15k to City for increased water capacity and has obtained SDG&E approval for a 400-amp electrical upgrade. Detailed plans and receipts are available. |
| On Market Date: | 2026-10-20 |
Listing Courtesy of: Goodkind Properties
Listing Agent: Robyn Goodkind
760-917-0156
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© 2026 San Diego MLS.
San Diego MLS data last updated on October 21, 2026 09:12 AM - PT.
Property Last Updated: October 21, 2026 09:12 AM - PT
