This rare investment opportunity offers panoramic, unobstructed white-water views--all from ground level--a true Oceanside treasure. This laid-back beachside 2 unit property embodies the best of Southern California's coastal lifestyle. The front home is a charming 2-bedroom, 1-bath cottage with 1,181 sq ft of relaxed living space, while the rear unit is a private 1-bedroom, 1-bath retreat with a recently remodeled kitchen, new flooring, and 500 sq ft of comfort and style. Enjoy the breezy outdoor vibes with a spacious lawn and patio, perfect for entertaining or winding down after a day in the surf. There's even an outdoor shower to rinse off the saltwater and a shared laundry area for convenience. A two-car garage with alley access completes the package. Zoned DT (Downtown), this property opens the door to exciting value-add development potential--zoning allows for up to three units plus ADU opportunities and the possibility for underground parking. As Oceanside continues its transformation into one of Southern California's most vibrant beach towns, this lot offers both lifestyle appeal and long-term upside. Located directly across from the beach, you can grab a surfboard and catch morning waves before breakfast. Sunsets? They're a nightly masterpiece from the comfort of home! Stroll just a few blocks to the iconic Oceanside Pier, the trendy Seabird Hotel, buzzing restaurants, nightlife, boutique shopping, the Sunset Market, and historic landmarks like the Top Gun house. Whether you're seeking a smart coastal investment, a serene beach escape, or future development value--this is the opportunity you've been waiting for.