Residential/Commercial/Mixed Use Development Opportunity in a highly desirable area of coastal Oceanside 1 block west of S Coast Hwy and approximately 6 blocks to the beach! Zoned C2 and the zoning allows for mixed use commercial development. Possible development of 5 residential units or 5 residential units with a commercial component. 4 story construction allowed with a height limit of 45 feet. Possible rooftop decks with ocean views. The large 5054 sq foot lot is close to freeways, beach access, a thriving hub of restaurants and craft breweries, shopping, etc. The property is currently a 4 unit multi-family use with under market rents and has some deferred maintenance. Highest and Best Use would be to build new in this thriving area or do a rehab of the units and property.