
Oceanside, California 92054
Analysis of 503 5 N Nevada Street, Oceanside, California 92054 is currently available with a list price of $1,975,500. 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.
Fantastic Price Improvement!!!! Time to make this Amazing property with Instant Income Potential your reality!!!Stunning fully renovated beach home with ADU, ideally situated in the coastal community of Oceanside. This exceptional property is located within walking distance to award-winning beaches, popular dining spots, local markets, and everything this vibrant, up-and-coming neighborhood has to offer. Set on a Spacious Corner Lot along a quaint street, the home features New Vinyl Fencing, Turf, and Drought-tolerant landscaping, creating a private and low-maintenance outdoor space. The property boasts the Only Private Driveway on the block, along with the charm of a mature pomegranate tree, adding both character and curb appeal. Both the main house and the 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 Kitchens have been thoughtfully renovated with new Stainless Steel Appliances and soft-close drawers, while the Bathrooms showcase New Tile Flooring, Modern vanities, Glass surrounds, and updated fixtures. The main house includes its own dedicated laundry room with gas and electric hook-ups, while the ADU offers a space for a full-size electric washer and dryer, providing flexibility for guests, extended family, or rental potential. This beautifully upgraded coastal property offers both lifestyle and versatility—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 | 40% |
| Lot Size | 5,268 | 4,791.6 | 60% |
| Price | $1.98M | $1.23M | 80% |
| Price per sq ft | $1.8K | $1.2K | 80% |
| Built year | 1950 | 1950 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 172 | 40% |
Mar 22, 2026
$1,975,500
$2,150,000
-8% Price Drop
Initial Listing
Feb 5, 2026
$2,150,000
Initial Listing