1359 Corte Alveo, Oceanside, California 92057, Oceanside, 92057 - 5 bed, 3 bath
1359 Corte Alveo
Oceanside, California 92057
Property Price
SUMMARY
Analysis of 1359 Corte Alveo, Oceanside, California 92057 reveals a Prime Investment Opportunity with a current list price of $1,135,000—significantly undercutting the $1,200,035 Fair Market Value by 5%. This valuation gap indicates a +$65,035 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oceanside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1359 Corte Alveo Subject | $1,135,000* List Price | 5 | 3 | 2,854 | $420 | - |
A 4851 Cardiff Bay Drive Sold | $1,035,000 | 4 | 2 | 2,576 | $402 | 0.7 mi |
B 1120 Parkview Dr Sold | $1,250,000 | 5 | 4 | 3,014 | $415 | 0.7 mi |
C 871 Niguel Street Sold | $900,000 | 4 | 3 | 2,069 | $435 | 0.3 mi |
D 395 Pismo Bay Court Sold | $1,075,000 | 4 | 2 | 2,576 | $417 | 0.6 mi |
E 4856 Cardiff Bay Drive Active | $1,175,000 List Price | 5 | 3 | 2,428 | $484 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
While originally built in 1990, the property has undergone extensive recent renovations that meet the 'excellent' criteria. Significant upgrades include new engineered bamboo flooring, new energy-efficient vinyl windows with plantation shutters, and completely replaced hot and cold water plumbing lines. The home features two fully remodeled bathrooms with a custom primary shower, all-new kitchen appliances, fresh interior and exterior paint, and a modern two-zone heating and air conditioning system, leaving the property in move-in condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 2854.
- Extensive Modern Upgrades
The property is move-in ready with significant recent capital improvements, including new engineered bamboo flooring, fresh interior and exterior paint, new energy-efficient vinyl windows, and completely updated hot and cold water plumbing lines.
- Financial & Location Advantages
Situated on a premium corner lot within a quiet cul-de-sac, this home offers the rare and highly desirable benefit of having no HOA fees or Mello Roos, significantly reducing the monthly carrying costs for the owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11761, other record lot size in square feet = 11668. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Recently Sold Property
The property was recently sold within the past year on 2025-08-18. The sold price is $1,050,000.00.
- Moderate School Ratings
The assigned public schools for this address carry ratings between 4 and 6, which may be a drawback for families prioritizing top-tier educational performance in their home search.
About 1359 Corte Alveo
Here is a wonderful opportunity to own in a very desirable neighborhood in Oceanside with no HOA or Mello Roos! Vaulted ceilings, skylites and new energy efficient vinyl windows throughout with plantation shutters bring in sunshine and light galore into this very spacious 5 bedroom, 3 bath home located on the corner lot on a cul de sac with open views. Highly desirable main floor bedroom with full bathroom. Completely repainted inside and out, new engineered bamboo flooring, new hot and cold water plumbing lines throughout with 2 completely remodeled bathrooms and the primary bath has a new custom shower. Two zone heating and air conditioning allow individual control of upstairs and downstairs temperatures for comfort and cost efficiency! This home boasts a spacious 3 car garage with extra storage throughout including above the vehicles. All new appliances and a whole house water filtration system making this home ready to move into!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1990
- Lot Size
- 11,761.2 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oceanside Unified Schools
Reynolds Elementary School
Grades K-5 • 1.0 mi
Cesar Chavez Middle School
Grades 6-8 • 1.7 mi
Martin Luther King Jr. Middle School
Grades 6-8 • 3.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 2,854 | 1,620 | 87% |
| Lot Size | 11,761.2 | 5,422 | 87% |
| Price | $1.14M | $865.0K | 86% |
| Price per sq ft | $398 | $467 | 21% |
| Built year | 1990 | 1988 | 52% |
| HOA | $0 | $142 | 29% |
| Days on market | 6 | 164 | 2% |
Pricing History
Listed for Sale
Mar 1, 2026
$1,135,000
Initial Listing
Sold
Aug 18, 2025
$1,050,000
Public Record
Sold
Jun 21, 2021
$860,000
Public Record
Sold
Nov 10, 2005
$650,000
Public Record