
Oceanside, California 92056
This Residential Income Duplex represents a Strong Value Opportunity, listed at $699,000—positioned above the $640,601 Fair Market Value. While priced at a premium, the property offers significant long-term savings through the absence of HOA fees and Mello-Roos. Featuring a Condition Rating of 3, the home includes a renovated kitchen with granite countertops and central AC. Its strategic location near Camp Pendleton and major highways ensures consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5127 Mandarin Drive Subject 2 bd · 2 ba · 977 sqft · $656 | $699,000* List Price | 2 | 2 | 977 | $656 | - |
A 5139 Loma Verde Sold 2 bd · 2 ba · 977 sqft · $793 · 0.1 mi | $775,000 | 2 | 2 | 977 | $793 | 0.1 mi |
B 4713 Mystik Rd Sold 2 bd · 1 ba · 834 sqft · $646 · 0.8 mi | $539,000 | 2 | 1 | 834 | $646 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1987, the property features a renovated kitchen with granite countertops and stainless steel appliances, along with updated bathroom vanities. The home is well-maintained, move-in ready, and includes central AC, placing it within the 5-15 year renovation criteria.
The absence of HOA fees and Mello-Roos assessments significantly reduces monthly carrying costs, enhancing the property's long-term investment appeal and affordability.
Ideally positioned near Camp Pendleton, coastal recreation, and major commuter routes like Highways 76 and 78, ensuring high demand for both residents and potential tenants.
The inclusion of central air conditioning, granite countertops, and an attached garage provides immediate move-in readiness and modern convenience rarely found at this price point.
At just 977 square feet for a two-bedroom layout, the interior may feel cramped for families or those requiring more spacious common areas.
While the elementary school is highly rated, the assigned middle school has a low rating of 3, which may deter families prioritizing consistent academic performance across all grade levels.
Conveniently located in Oceanside, 5127 Mandarin Drive offers comfortable living just minutes from the beach, Camp Pendleton, shopping, parks, and major commuter routes. With easy access to Highways 76 and 78, this home is well positioned for enjoying everything North San Diego County has to offer. Inside, the living room welcomes natural light, while the adjoining dining area and kitchen provide a practical layout for everyday living. Granite countertops, a gas range, and a newer over-the-range microwave add function to the kitchen. The primary bedroom features a walk-in closet, and central air conditioning provides comfort throughout the year. An attached garage with laundry facilities, additional parking, and a fenced outdoor area add convenience. With public sewer, natural gas, and no HOA or Mello-Roos, the property offers the added benefit of fewer ongoing ownership expenses. Close to coastal recreation, restaurants, neighborhood amenities, and employment centers, this Oceanside home is a great opportunity for buyers seeking a convenient location and an established residential setting.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 977 | 1,422.5 |
| Lot Size | 5,754 | 5,065.475 |
| Price | $699.0K | $918.0K |
| Price per sq ft | $715 | $607 |
| Built year | 1987 | 1978 |
| HOA | $0 | $432 |
| Days on market | 4 | 51 |
Oct 21, 2026
$699,000
Initial Listing
Apr 25, 2005
$381,000
Public Record
May 23, 2002
$225,000
Public Record