
Oceanside, California 92054
This Turnkey Multi-Unit Property is a Strong Value Opportunity, listed at $985,000—positioned well below the $1,043,976 Fair Market Value by 5%. This valuation gap offers $58,976 in Instant Equity. Featuring a Condition Rating of 2, the home includes a Sparkling Pool, Expansive Deck, and a versatile Studio ADU. This configuration provides significant income potential or multi-generational flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a coastal lifestyle with built-in rental revenue.
Turnkey Oceanside home with pool and studio ADU. Listed at $985,000 with $58,976 in instant equity. Perfect for investors or multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2821 Macdonald Subject 3 bd · 2 ba · 1,196 sqft · $873 | $985,000* List Price | 3 | 2 | 1,196 | $873 | - |
A 169 Cregar Street Sold 3 bd · 2 ba · 1,176 sqft · $901 · 0.5 mi | $1,060,000 | 3 | 2 | 1,176 | $901 | 0.5 mi |
B 2704 Merlin Place Sold 3 bd · 2 ba · 1,121 sqft · $955 · 0.4 mi | $1,070,000 | 3 | 2 | 1,121 | $955 | 0.4 mi |
C 1334 Partridge Lane Sold 3 bd · 2 ba · 1,060 sqft · $934 · 0.6 mi | $990,000 | 3 | 2 | 1,060 | $934 | 0.6 mi |
D 2309 Saratoga Sold 3 bd · 2 ba · 1,066 sqft · $891 · 0.5 mi | $950,000 | 3 | 2 | 1,066 | $891 | 0.5 mi |
E 331 Islander Street Sold 3 bd · 2 ba · 1,356 sqft · $815 · 0.6 mi | $1,105,000 | 3 | 2 | 1,356 | $815 | 0.6 mi |
F 3247 Carolyn Circle Sold 4 bd · 2 ba · 1,329 sqft · $696 · 0.9 mi | $925,000 | 4 | 2 | 1,329 | $696 | 0.9 mi |
G 403 Foussat Sold 3 bd · 2 ba · 1,000 sqft · $895 · 0.5 mi | $895,000 | 3 | 2 | 1,000 | $895 | 0.5 mi |
H 147 Edgewood Drive Active 3 bd · 2 ba · 1,264 sqft · $653 · 0.5 mi | $825,000 List Price | 3 | 2 | 1,264 | $653 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive, contemporary remodel within the last 5 years. It features a sleek new kitchen with modern appliances, updated bathrooms, luxury flooring, and recessed lighting throughout. The conversion into two independent units and the turnkey condition of the pool and exterior indicate high-quality maintenance and recent systems updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1196.
The property is expertly configured into two independent units—a 2-bedroom main house and a studio ADU—offering exceptional flexibility for short-term rental income, multi-generational living, or a mortgage-offsetting investment.
Extensively remodeled with contemporary upgrades, the home features sleek new kitchens, luxury flooring, and updated bathrooms, providing a move-in-ready experience that appeals to modern aesthetic preferences.
At 1,196 total square feet divided between two units, the individual living spaces may feel compact, potentially limiting appeal for buyers who require larger interior footprints or significant storage.
The assigned elementary schools currently hold lower performance ratings (3/10), which may be a consideration for families prioritizing top-tier public education or long-term appreciation tied to school district quality.
Welcome to this stunningly remodeled gem in the desirable Historic Loma Alta neighborhood of Oceanside, a prime location blending quiet residential charm with easy access to coastal living. This 3-bedroom,2-bath home has been expertly divided into two fully independent,modern units: a generous 2-bedroom main residence and a chic studio ADU-perfect for AirBnB, each with its own private entrance. Seamlessly convertible back to a single-family home if desired, the property offers exceptional flexibility for multi-generational living, extended family visits, or strong investment potential. Both units feature fresh, contemporary upgrades throughout, including sleek new kitchens with modern appliances, beautifully updated bathrooms, luxury flooring, and stylish fixtures. The spacious main house provides an inviting open layout perfect for a couple or small family, while the fully furnished studio is ideal for generating rental income, serving as a guest suite, private office, or in-law quarters. Step outside to your private backyard oasis: a sparkling pool and expansive deck await for year-round relaxation and entertaining under the California sun. This turnkey property is perfectly positioned in vibrant Oceanside, just minutes from pristine beaches, the iconic pier, downtown dining and shopping, scenic Buddy Todd Park with its open fields and recreational amenities, quick I-5 access, and convenient entry to Camp Pendleton’s gates. Enjoy the best of coastal living with surfing, community events, and everyday conveniences right at your doorstep. Schedule your private tour today!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,196 | 1,724.705 |
| Lot Size | - | 6,427.213 |
| Price | $985.0K | $960.6K |
| Price per sq ft | $824 | $549 |
| Built year | 1966 | 1987 |
| HOA | $0 | $149 |
| Days on market | 34 | 45 |
Sep 21, 2026
$985,000
Initial Listing
Nov 16, 2004
$427,500
Public Record
Sep 26, 2003
$285,000
Public Record