
Oceanside, California 92057
This property presents a High-Potential Investment Opportunity with a List Price of $800,000—positioned well above the $692,862 Fair Market Value by 15%. While the current list price exceeds the estimated value, the Condition Rating of 5 and "blank canvas" status allow for significant forced appreciation through a full renovation. The 6,200 square foot lot and quiet cul-de-sac location provide a solid foundation for value-add strategies. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive modernization project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4808 Siesta Place Subject | $800,000* List Price | 3 | 2 | 1,548 | $448 | - |
A 4884 Tarragon Drive Sold | $750,000 | 3 | 2 | 1,344 | $558 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no mentioned renovations, the listing explicitly describes the property as a 'blank canvas' and 'diamond in the rough' requiring a contractor for transformation, indicating a need for a full rehab.
Marketed as a 'diamond in the rough,' this property offers a prime opportunity for investors or contractors to build immediate sweat equity through a full custom renovation.
Tucked away on a quiet cul-de-sac in Oceanside, the home provides a peaceful environment while remaining minutes away from beaches, the harbor, and local dining.
The 1,564-square-foot layout features a highly functional floor plan on a generous 6,200-square-foot lot, complete with a 2-car garage and a spacious backyard.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =0, other record lot size in square feet = 6200.
The property is described as a 'blank canvas,' implying it requires significant capital investment for repairs and modernization to be move-in ready.
Built in 1964, the home likely features original systems and finishes that may not meet current energy efficiency standards or modern aesthetic preferences.
Sweet opportunity on Siesta Place! Tucked away on a quiet cul-de-sac in Oceanside, this 1964 single-story home is a blank canvas bursting with potential. Offering 3 bedrooms, 2 bathrooms, and 1,564 square feet of living space, the highly functional floor plan features a spacious living room anchored by a cozy fireplace. The property sits on a generous 6,200 square foot lot highlighted by a 2-car garage and a backyard featuring a mature orange tree that yields incredibly sweet, juicy citrus. Located just minutes from pristine beaches, the harbor, shopping, and dining, this diamond in the rough is perfect for investors, contractors, or buyers looking to build immediate sweat equity. Bring your design ideas and your contractor to transform this property into your dream coastal retreat. Homes with this much upside in San Diego County do not last long!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,548 | 1,607.5 | 48% |
| Lot Size | 0.14 | 5,885.5 | 14% |
| Price | $800.0K | $870.0K | 38% |
| Price per sq ft | $517 | $479 | 58% |
| Built year | 1964 | 1988 | 5% |
| HOA | $0 | $130 | 35% |
| Days on market | 16 | 137 | 7% |
May 21, 2026
$800,000
Initial Listing