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Sold on 04/25/2024
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1611 S Tremont St, Oceanside, CA 92054

$1,571,000

Last sold 04/25/2024 for $1.6M

  • —

    bed

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    bath

Multi-family not for sale
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About 1611 S Tremont St

Property type Multi-family
Neighborhood
Year built 1950
HOA fee $0/month
Lot size 8,132 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
UNIQUE INVESTMENT OPPORTUNITY Situated in the heart of Oceanside, this property offers a prime development opportunity just a short 5-minute walk from the beach. Permit-ready development featuring an existing home that will remain, comprising of a cozy 3-bedroom and 1-bathroom spanning 1,026 square feet. The plans are approved for the construction of two additional 2-story duplexes, adding a combined 3,200 square feet of rentable space. This property presents an excellent chance for expansion and increased rental income. Enjoy the convenience of beachside living and the allure of coastal amenities, all within easy reach. Don't miss out on this rare opportunity to invest in a sought-after location in Carlsbad. For more information get in touch with us today.
Listed by
Listing Agent - Nicolas Biancamano
Listing Agent Contact: Nbiancamano@pacificaent.com
Listing Office - PE Management Group Inc
Source: CRMLS mls logo
MLS#NDP2402400 • last updated 2 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Type Residential Income
Virtual Tour N/A
Status Closed
Lot Size (Acres) 0.1867
Lot Size (SqFt) 8132
Year Built 1950
Interior
Laundry Inside
Exterior
Building Area Square Feet, 1026
# Parking Spaces 1
# Garage Spaces 1
Lot Description Lawn, Level
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool None
Location
County San Diego
Community Features Curbs, Golf, Biking, Watersports
Neighborhood Coastal South O
Zoning R-3
Directions Cross Street: Morse.
Multifamily Details
Expense: Trash 1500
Operating Expense 22700
Cap Rate 1.3
Expense: Insurance 2000
Total Expenses 22700
Gross Income 44500
Gross Scheduled Income 44500
$1.57M
Range: $1.38M-$1.75M
Last 30 days 
Rental est.: $1,859/month
Gross rent multiplier: 71.7
  • Apr 2024
    mls logo MLS # NDP2402400
  • Apr 29, 2024 Sold
    $1,600,000
  • Apr 1, 2024 Pending
    —
  • Mar 21, 2024 Listed
    $1,650,000 (+79.3%)
  • Apr 2024
    Public Records
  • Apr 25, 2024 Sold
    $1,600,000 (-3.0%)
  • Jan 2020
    mls logo MLS # 190064330
  • Jan 4, 2020 Sold
    $920,000
  • Jan 4, 2020 Sold
    $920,000
  • Dec 8, 2019 Pending
    —
  • Dec 7, 2019 Pending
    —
  • Dec 6, 2019 Listed
    $920,000
  • Dec 6, 2019 Listed
    $920,000
  • Jan 2020
    Public Records
  • Jan 3, 2020 Sold
    $920,000
  • Year Property taxes Tax assessment
  • 2024
    $11,081 +3.2%
    $986,422
  • 2023
    $10,740 +1.5%
    $986,422 +2.0%
  • 2022
    $10,578 -0.4%
    $967,082 +4.04%
  • 2021
    $10,619 +1398.0%
    $929,531
  • 2020
    $709 +2.8%
    $929,531 +1467.29%
  • 2019
    $690 +14.1%
    $59,308 +2.0%
  • 2018
    $605 +5.9%
    $58,146 +4.04%
  • 2016
    $571 +3.0%
    $55,890
  • 2015
    $554
    —
  • 1611 S Tremont St
    $1.6M
  • South Oceanside
    $939K -27% y/y
  • 92054
    $950K -9% y/y
  • Oceanside
    $777K -9% y/y
No chart available
Statistics calculated by Movoto

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6/10
Lincoln Middle School
public Grades 6-8
Oceanside Unified School District
5/10
Oceanside High School
public Grades 9-12
Oceanside Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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