505 Portico Dr, Oceanside, California 92058, Oceanside, 92058 - 4 bed, 2 bath
505 Portico Dr
Oceanside, California 92058
Property Price
SUMMARY
Analysis of 505 Portico Dr, Oceanside, California 92058 reveals a property with a current list price of $799,900, which is 16% above the estimated $684,162 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Portico Dr Subject | $799,900* List Price | 4 | 2 | 1,776 | $385 | - |
A 3675 Branch Court Sold | $646,400 | 4 | 2 | 1,563 | $414 | 0.6 mi |
B 3905 Posada Court Sold | $950,000 | 3 | 3 | 2,376 | $400 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 2001, the property requires substantial rehabilitation and is restricted to cash buyers only due to its current condition. The listing highlights significant deferred maintenance and the need for a full renovation to address functional and aesthetic defects, making it unsuitable for traditional financing.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in a desirable North County neighborhood, the property is minutes from the beach and within walking distance to local elementary schools and parks.
- Value-Add Potential
With a functional single-story layout and four bedrooms, this home offers a significant opportunity for investors to build equity through strategic renovations.
- Modern Build Year
Constructed in 2001, the property benefits from more contemporary building standards and infrastructure compared to typical fixer-upper opportunities in the region.
CONSRISKS & DEFICIENCIES
- Financing Restrictions
The property is restricted to cash buyers only due to its current condition, which excludes traditional mortgage seekers and limits the potential buyer pool.
- Significant Renovation Needed
The home requires substantial work and creative vision to reach its full potential, necessitating a large immediate capital investment for repairs and upgrades.
About 505 Portico Dr
Single-story 4-bedroom, 2-bath home in Oceanside offering a strong value-add opportunity. This property has good bones and a functional floor plan. The home does need work, but its layout, location, and overall potential make it a promising candidate for improvement. Situated near schools, parks, shopping, and just minutes from the beach, the property sits in a desirable North County area with solid resale and rental demand. With the right upgrades, this home can be transformed into a profitable investment or long-term hold. A great opportunity to bring vision, creativity, and improvements to a home with clear upside. Cash buyers only due to property condition.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 6,683 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $60.0 / Month
Neighborhood Insights
Oceanside Unified Schools
Louise Foussat Elementary School
Grades K-5 • 0.3 mi
Ocean Shores High (Continuation) School
Grades 9-12 • 2.6 mi
Oceanside High School
Grades 9-12 • 4.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,776 | 1,674 | 63% |
| Lot Size | 6,683 | 6,585 | 54% |
| Price | $799.9K | $880.0K | 21% |
| Price per sq ft | $450 | $512 | 29% |
| Built year | 2001 | 1999 | 63% |
| HOA | $60.0 | $36 | 54% |
| Days on market | 10 | 139 | 8% |
Pricing History
Listed for Sale
Feb 25, 2026
$799,900
Initial Listing
Sold
May 6, 2008
$360,000
Public Record
Sold
Oct 30, 2000
$240,000
Public Record