
Oceanside, California 92054
Analysis of 503 5 N Nevada Street, Oceanside, California 92054 is currently available with a list price of $1,797,000. 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.
Property is new construction or fully renovated.
This 1950s property has undergone an extensive, top-to-bottom renovation within the last 5 years, effectively bringing it to like-new condition. The renovation includes new roofs, updated electrical and plumbing, and modern multi-zone HVAC systems. The interior features high-end finishes such as a modern kitchen with stainless steel appliances and soft-close cabinetry, updated bathrooms with designer tile and glass surrounds, new windows, and recessed lighting throughout. The exterior is equally well-maintained with new vinyl fencing and drought-tolerant landscaping, leaving no deferred maintenance.
The property features a fully renovated main house plus a detached ADU, providing immediate rental income opportunities or a versatile multi-generational living setup in a high-demand coastal market.
The home has been completely updated with new roofs, electrical, plumbing, and multi-zone HVAC systems, offering the peace of mind of a new build within a charming 1950s shell.
Ideally situated on a spacious corner lot, the property is within walking distance to Oceanside's award-winning beaches, local markets, and popular dining, maximizing its lifestyle appeal.
With only 1,128 total square feet distributed across three bedrooms and two units, the individual living spaces and bedrooms may feel small for some buyers.
At a list price of nearly $2 million for limited square footage, the property commands a significant premium that may be difficult for some buyers to justify despite the high-end finishes.
SPECTACULAR PRICE IMPROVEMENT!!! Now is your opportunity to make this stunning coastal property with instant income potential your reality! Beautifully renovated beach home with ADU, ideally located in the highly desirable coastal community of Oceanside. This exceptional property is within walking distance to award-winning beaches, popular dining destinations, local markets, and everything this vibrant, up-and-coming neighborhood has to offer. Situated on a spacious corner lot along a quaint street, the property features new vinyl fencing, turf, and drought-tolerant landscaping, creating a private, low-maintenance outdoor retreat. Adding even more convenience and curb appeal, the home boasts the only private driveway on the block, along with the charm of a mature pomegranate tree. Both the main residence and ADU have been extensively upgraded with new roofs featuring extended eaves, along with updated electrical, plumbing, and HVAC systems, including mini-splits and a multi-zone heat pump. Additional improvements include tankless water heaters, new interior and exterior paint, fresh baseboards, ceiling fans, recessed lighting, new windows, and stylish window coverings throughout. The beautifully updated kitchens feature stainless steel appliances and soft-close cabinetry, while the bathrooms showcase new tile flooring, modern vanities, glass shower surrounds, and upgraded fixtures. The main home includes a dedicated laundry room with gas and electric hook-ups, while the ADU offers space for a full-size electric washer and dryer—ideal for guests, extended family, or rental income opportunities. This exceptional coastal property offers the perfect blend of lifestyle, flexibility, and investment potential. You do not want to miss this one!
No exterior & parking available.
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 | 1,128 | 1,250 | 33% |
| Lot Size | 5,268 | 5,268 | 50% |
| Price | $1.80M | $1.64M | 67% |
| Price per sq ft | $1.6K | $1.3K | 67% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 133 | 133 | 67% |
May 25, 2026
$1,797,000
$1,975,500
-9% Price Drop
Initial Listing
Mar 22, 2026
$1,975,500
$2,150,000
-8% Price Drop
Initial Listing
Feb 5, 2026
$2,150,000
Initial Listing