
Oceanside, California 92056
This property presents a Strong Value Opportunity with a List Price of $799,900—positioned well above the $736,463 Fair Market Value. While the home requires capital for modernization, its Fair Condition Rating (4/10) and 6,400-square-foot lot provide a solid foundation for value-add renovations. Featuring a single-story layout and proximity to Oceanside Unified schools, this asset offers significant potential for forced appreciation. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a coastal project with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2816 Louise Street Subject 3 bd · 2 ba · 1,040 sqft · $707 | $789,900* List Price | 3 | 2 | 1,040 | $707 | - |
A 4123 Jonathon St Sold 3 bd · 2 ba · 1,064 sqft · $705 · 0.3 mi | $750,000 | 3 | 2 | 1,064 | $705 | 0.3 mi |
B 4081 Thomas Street Sold 3 bd · 2 ba · 1,108 sqft · $746 · 0.4 mi | $827,000 | 3 | 2 | 1,108 | $746 | 0.4 mi |
C 4169 Alana Cir Sold 3 bd · 2 ba · 1,427 sqft · $571 · 0.1 mi | $815,000 | 3 | 2 | 1,427 | $571 | 0.1 mi |
D 3027 Camarillo Avenue Sold 3 bd · 2 ba · 1,346 sqft · $605 · 0.7 mi | $815,000 | 3 | 2 | 1,346 | $605 | 0.7 mi |
E 4062 Lewis St Active Under Contract 3 bd · 2 ba · 1,152 sqft · $625 · 0.5 mi | $720,000 List Price | 3 | 2 | 1,152 | $625 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the home features recent cosmetic 'lipstick' updates including new laminate flooring, fresh paint, and modern ceiling fans. However, the kitchen retains dated oak cabinetry and tile flooring (>20 years old), and the exterior landscaping is unfinished, indicating a need for further modernization and minor repairs.
The home features a desirable single-story layout that provides convenient everyday living and accessibility, appealing to a wide range of buyers from first-time owners to retirees.
Situated on a 6,400-square-foot lot, the property offers significant outdoor space for landscaping, entertaining, or potential future expansions such as an ADU.
Located in the sought-after Oceanside area, the property provides excellent proximity to beaches, local dining, and shopping, ensuring strong long-term investment appeal.
At 1,040 square feet for a three-bedroom configuration, the interior living areas and bedrooms may feel undersized compared to modern residential standards.
Built in 1962 and marketed as a 'foundation for future improvements,' the property likely requires a significant capital investment to update its original systems and finishes.
OUTSTANDING OCEANSIDE OPPORTUNITY! HUGE BACKYARD WITH ADU POTENTIAL! This property presents an exciting opportunity for buyers looking for a home with a large backyard and the potential to create additional living space. The spacious lot offers room to explore the possibility of an ADU (Accessory Dwelling Unit), providing potential for a guest house, extended family living, home office, or additional space—subject to city approval and buyer verification. The generous backyard also offers plenty of room for entertaining and the potential for a pool or other outdoor improvements. Located approximately 12 minutes from the beach, this property combines valuable outdoor space with the desirable Oceanside coastal lifestyle. With the price recently improved, this is an opportunity to bring your vision and unlock the potential of this property.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,040 | 1,724.705 |
| Lot Size | 6,400 | 6,427.213 |
| Price | $789.9K | $960.6K |
| Price per sq ft | $760 | $549 |
| Built year | 1962 | 1987 |
| HOA | $0 | $149 |
| Days on market | 69 | 45 |
Sep 25, 2026
$789,900
$799,900
-1% Price Drop
Initial Listing
Aug 17, 2026
$799,900
Initial Listing