5220 Mandarin Dr., Oceanside, California 92056, Oceanside, 92056 - 3 bed, 2 bath
Loading property details...
Oceanside, California 92056
This Value-Add Residential Asset in Oceanside is listed at $749,000, currently positioned above its $632,058 Fair Market Value. Holding a Poor Condition Rating, the property is marketed as a "blank canvas" requiring a full-scale remodel to unlock its true market potential. The 1,205 square foot single-level home sits on a generous 6,501 square foot lot with a private backyard patio and No HOA or Mello-Roos, offering maximum flexibility for renovation. Located in the Vista Unified district, this is a prime project for Fix-and-Flip Investors or Contractors seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5220 Mandarin Dr. Subject | $749,000* List Price | 3 | 2 | 1,205 | $525 | - |
A 5261 Hubbert Street Sold | $885,000 | 3 | 2 | 1,482 | $597 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1987 (37 years old) and explicitly marketed as a 'full remodel' and 'blank canvas' for investors. The interior shows original oak cabinetry, dated tile countertops, popcorn ceilings, and worn carpeting, meeting the criteria for a property requiring significant rehab.
The absence of HOA fees and Mello-Roos assessments provides significant monthly savings and greater financial flexibility for the homeowner.
As a 'blank canvas' requiring a full remodel, this property offers a prime opportunity for investors or buyers to build immediate sweat equity and customize the home to their exact taste.
The single-story floor plan on a generous 6,501 sqft lot offers excellent accessibility and a private outdoor space, appealing to a broad range of buyers from first-time owners to downsizers.
The property is being sold in 'as-is' condition and requires a complete remodel, which necessitates a substantial additional budget and time commitment for repairs.
With 1,205 square feet distributed across three bedrooms, the interior living areas may feel constrained, potentially limiting appeal for buyers seeking more spacious accommodations.
Calling all investors and buyers dreaming of crafting their ideal home! This charming single-level property, complete with a private backyard, is brimming with potential and awaiting your vision. It’s ready for a full remodel and being sold as-is, giving you a blank canvas to make it truly your own. Plus, with no HOA or Mello-Roos, you’ll enjoy added flexibility. Conveniently located near parks, schools, and shopping, this home offers both opportunity and a prime location. Don’t miss out!
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 | 3.0 | 50% |
| Square foot | 1,205 | 1,742 | 16% |
| Lot Size | 6,501 | 5,662.8 | 58% |
| Price | $749.0K | $950.0K | 17% |
| Price per sq ft | $622 | $561 | 70% |
| Built year | 1987 | 1988 | 42% |
| HOA | $0 | $98 | 42% |
| Days on market | 52 | 129 | 12% |
Apr 27, 2026
$749,000
Initial Listing