503 Nevada Street
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503 Nevada Street

D

Oceanside, CA 92054

$1,975,500

Soft Appraisal Value: $1,923,400 · 2.7% above estimate

Beds

3

Baths

2

Sqft

1,128

Year Built

1950

Days on Market

72

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601156

This property is in Oceanside (92054). View neighborhood stats →

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About This Property

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!

Mortgage Calculator

Est. Monthly Payment

$12,541

Principal & Interest$9,989
Property Tax$1,976
Insurance$576
%($395,100)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,933
Monthly Cashflow

Rent − PITIA

$-8,608
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,159

Mortgage (P+I)
$9,989
Cap Rate
-0.71%
Cash-on-Cash
-33.89%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.31
Break-even Rent
$18,425

NOI (Annual)
$-14,032
Price-to-Rent

Lower = better for investors

41.9

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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