PREMIUM LOCATION. Two beautiful, newly updated and renovated standalone residences on a prime, 6000 sq ft lot west of I-5 freeway *and* west of 101 Coast Highway. Walk 5 minutes to enjoy sunsets on the beach. Hear the ocean waves on a quiet night. Restaurants, coffee, yoga, organic grocery all within one block in the extremely walkable and growing South Oceanside neighborhood. Great way to start earning passive income immediately: this property currently produces rental income of $31,740 per year. Rental income is included with one of the residences rented through January 2023. Read on for more details. TWO STANDALONE RESIDENCES. Two completely private, standalone units with separate parking, separate entrances, separate yards, and separate mailing addresses (Unit 1 & Unit 2). UNIT 1 is a 1253 sqft, 3-Bed/2-full-bath, full-kitchen, single-level home, remodeled in 2019, with two off-street parking spaces, and a private backyard and patio. Unit 1’s kitchen includes recently updated stainless steel gas oven, built-in microwave, dishwasher, and french-door refrigerator/freezer. Just off the kitchen is a modern stacked front loading washer/dryer. UNIT 2 is a 720 sqft 2-Bed/1-bath, full-kitchen single-level home with all-new interior renovation construction permitted and completed in 2019. Unit 2 has a large private yard and patio, a utility/storage room with roll-up door/alley access for easy unloading or motorcycle parking, and two off-street parking spaces from the back alley. Unit 2 comes with a stainless steel gas oven and french-door refrigerator/freezer. Unit 2 boasts a full-sized washer/dryer stacked and tucked away in a dedicated closet. Unit 2 is also comfortably climate-controlled with a mini-split. In total, this property boasts 1973 sqft of living space on a 6000 square foot lot. The recently installed backyard privacy fencing comes with weatherproof, heavy-duty pin-code entry handles on the gates that provide secure, complete privacy for both units. Both property yards come with a newly installed (2020) in-ground irrigation system and smart control panel. The property has R-3 Zoning, allowing for future expansion with additional units. RENTAL INCOME THROUGH JAN 2023. Unit 2 is currently rented through January 2023, yielding $2,645/month. Buyers have the option to seamlessly continue this rental agreement, as well as benefit from the rental property management service already in place.