503 Nevada Street
1 / 20

503 Nevada Street

D

Oceanside, CA 92054

$1,797,000

Soft Appraisal Value: $1,339,500 · 34.2% above estimate

Beds

3

Baths

2

Sqft

1,128

Year Built

1950

Days on Market

117

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601156

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

Virtual Tour

About This Property

SPECTACULAR PRICE IMPROVEMENT!!! Now is your opportunity to make this stunning coastal property with instant income potential your reality! Beautifully renovated beach home with ADU, ideally located in the highly desirable coastal community of Oceanside. This exceptional property is within walking distance to award-winning beaches, popular dining destinations, local markets, and everything this vibrant, up-and-coming neighborhood has to offer. Situated on a spacious corner lot along a quaint street, the property features new vinyl fencing, turf, and drought-tolerant landscaping, creating a private, low-maintenance outdoor retreat. Adding even more convenience and curb appeal, the home boasts the only private driveway on the block, along with the charm of a mature pomegranate tree. Both the main residence and 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 beautifully updated kitchens feature stainless steel appliances and soft-close cabinetry, while the bathrooms showcase new tile flooring, modern vanities, glass shower surrounds, and upgraded fixtures. The main home includes a dedicated laundry room with gas and electric hook-ups, while the ADU offers space for a full-size electric washer and dryer—ideal for guests, extended family, or rental income opportunities. This exceptional coastal property offers the perfect blend of lifestyle, flexibility, and investment potential. You do not want to miss this one!

Mortgage Calculator

Est. Monthly Payment

$11,408

Principal & Interest$9,087
Property Tax$1,797
Insurance$524
%($359,400)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$3,858
Monthly Cashflow

Rent − PITIA

$-7,550
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,934

Mortgage (P+I)
$9,087
Cap Rate
-0.57%
Cash-on-Cash
-33.17%
DSCR

Need ≥ 1.25 for DSCR loan

0.34
Break-even Rent
$16,760

NOI (Annual)
$-10,174
Price-to-Rent

Lower = better for investors

38.8

* 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.

Get Expert AnalysisOpen Full Calculator