A rare coastal investment opportunity, a few blocks to the beach, this pride-of-ownership four-unit property offers exceptional versatility, strong income, and an unbeatable location on a quiet residential street West of S. Coast Hwy. South Oceanside is everyone's favorite location offering ease and proximity to the beach, charming shops, excellent restaurants, coffee shops, the beach, and connection to the Coast Highway and the 5 and 78 freeway. The property features a charming detached single-level 3-bedroom, 1-bath front home on South Tremont built in 1951, along with three well-maintained 1-bedroom, 1-bath units built in 1984 behind. Whether you're seeking an owner-occupant setup with supplemental rental income or a prime long-term investment opportunity, this property offers endless potential. Situated on a generously sized lot, the property boasts an incredible amount of off-street parking, including five garage spaces (4 separate garages) plus additional driveway parking up to 4 spots - a rare amenity this close to the coast. The spacious garages provide ample storage for surfboards, bicycles, beach gear, and more. There is an additional bonus room as well as a communal laundry room. Each unit is individually metered for gas and electricity, creating convenience for both owners and tenants. This unique coastal compound combines classic beach-town charm with strong investment fundamentals in one of the area's most desirable locations.