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Poplar Rd - Poplar Road

0.3 - 0.42 Acre Commercial Land Lots Offered at $975,000 - $1,975,000 Per Lot in Oceanside, CA 92058

Investment Highlights

  • High Density Residential (HD-R)

Executive Summary

The overall approved project consists of 18 condominium units (6-plex and 12-plex) with ground floor parking and 1 & 2 bedroom units above (approx. 1100 to 1300 SF each). There will be two structures (2-story and 3-story) and 12 total parking spaces. Based on the underlying General Plan a gross calculated density of 20.81 units, when paired with State Density Bonus up to a total of 32 units could be achieved (29 market rate + 3 very low affordable)

Property Facts

Price $975,000 - $2,950,000
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units - Condo
Total Lot Size 0.72 AC

2 Lots Available

Lot North

Price $975,000
Price Per AC $3,250,000
Lot Size 0.30 AC

0.3-acre lot of vacant, unimproved residential land. Approved project for 6 condominium units.

Lot South

Price $1,975,000
Price Per AC $4,702,381
Lot Size 0.42 AC

0.42-acre lot of vacant, unimproved land. Approved project for 12 condominium units.

Description

Two existing non-contiguous, but nearby vacant unimproved lots, bisected by Poplar Rd totaling 0.72 acres. Approved Project: • 18 condominium units (6-plex and 12-plex) • Ground floor parking with 1 & 2 bedroom units above (appx. 1100 to 1300 SF each) • Two structures (2-story and 3-story) • 12 total parking spaces.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 145-161-19
  • 145-162-08
Land Assessment
$91,216
Improvements Assessment
$0
Total Assessment
$91,216

zoning

Zoning Code RH (High Density Residential - apartments & townhouses 21.0 to 28.9 du/acre in the RH district)
RH (High Density Residential - apartments & townhouses 21.0 to 28.9 du/acre in the RH district)
  • Listing ID: 30947876

  • Date on Market: 2/13/2024

  • Last Updated:

  • Address: Poplar Rd, Oceanside, CA 92058

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