540 S Barnwell Street, Oceanside, California 92054, Oceanside, 92054 - 3 bed, 2 bath
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Oceanside, California 92054
This Multi-Functional Coastal Residence is a Prime Investment Opportunity, listed at $919,000—positioned well below the $945,569 Fair Market Value by 2%. This valuation gap provides $26,569 in Instant Equity. Holding a Condition Rating of 3, the property features a new 2025 roof, refinished hardwoods, and a detached casita ideal for rental income. The expansive 10,800 sqft lot includes a Trex deck with hill views and parking for eight vehicles. This is an ideal acquisition for Owner-Occupants or Multi-generational Families seeking coastal flexibility near Oceanside High School.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 540 S Barnwell Street Subject | $919,000* List Price | 3 | 2 | 1,430 | $661 | - |
A 2713 Lancelot Dr Sold | $960,000 | 3 | 2 | 1,464 | $656 | 0.1 mi |
B 2904 E Barnwell Street Sold | $790,000 | 3 | 2 | 1,508 | $524 | 0.6 mi |
C 1331 Cornish Drive Sold | $1,010,000 | 3 | 2 | 1,824 | $554 | 0.4 mi |
D 373 Mainsail Road Sold | $925,000 | 3 | 2 | 1,356 | $682 | 0.7 mi |
E 174 Cregar St Sold | $710,500 | 3 | 1 | 1,176 | $604 | 0.8 mi |
F 2315 California Street Sold | $1,175,000 | 3 | 2 | 1,725 | $681 | 0.7 mi |
G 152 Carey Road Active | $950,000 List Price | 4 | 2 | 1,376 | $690 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent upgrades including a new roof, refinished original hardwood floors, and new interior paint. While the kitchen retains a dated aesthetic with knotty pine cabinetry and Saltillo tile, the appliances and recessed LED lighting are updated. The home is well-maintained with a newer water heater and Trex deck, though some areas like the casita bathroom and utility room show more basic, rustic finishes consistent with its 1957 build.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10800, living area = 1430.
The property includes a detached third bedroom and bathroom casita plus a finished shed, providing exceptional versatility for multi-generational living, rental income, or a private home office.
Significant capital improvements including a new roof (2025), refinished original hardwood floors, new interior paint, and updated LED lighting offer a move-in-ready experience with reduced immediate maintenance needs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1430, other record living area = 986. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1957, the home may possess aging underlying systems typical of its era that could require future modernization beyond the recent cosmetic and surface-level updates.
The local elementary schools are currently rated lower (3/10), which may be a consideration for families prioritizing high-ranking public education metrics in their home search.
Welcome to the Oceanside lifestyle at this classic bungalow in the desirable Loma Alta neighborhood. Located only two miles from beautiful Oceanside beaches, restaurants and pier. Less than a mile to Goat Hill Park golf course and walking distance to Buddy Todd park. This charming home is situated on a large 10,800sf lot, with off street parking for 8 vehicles, new white interior paint, newly refinished original real hardwood floors, newly refinished Saltillo tiles in kitchen, new roof in 2025, 2 year old water heater, new recessed LED lighting throughout, newly updated in home laundry room, new bathroom vanity, updated stone shower surround and a two year old oven/range. A key feature is the third bedroom and second bathroom being a detached casita with a separate full bathroom. The entire lot is complemented by mature landscaping with large trees creating a peaceful and private atmosphere. The newer Trex Deck on rear of home has great views of the backyard and hills. There is also a detached finished shed that could serve as a home office. With freeway access moments away, you're perfectly positioned for the ultimate coastal experience.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades 6-8 • 1.0 mi
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 | 1,430 | 1,705 | 24% |
| Lot Size | 10,800 | 7,628 | 79% |
| Price | $919.0K | $1.36M | 15% |
| Price per sq ft | $643 | $708 | 30% |
| Built year | 1957 | 1973 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 121 | 9% |
Mar 26, 2026
$919,000
Initial Listing
Jul 27, 2000
$160,000
Public Record