4028 Johnson Drive, Oceanside, California 92056, Oceanside, - bed, bath
ACTIVE UNDER CONTRACT$799,000
4028 Johnson Drive, Oceanside, California 92056
3Beds
2Baths
1,312Sqft
6,398Lot
Year Built
1977
Close
-
List price
$799K
Original List price
$850K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2505961
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Your sweat-equity opportunity is here! A coveted neighborhood in the Mira Costa College area of Oceanside. Close to transit, shopping, retail, restaurants & only a few miles from the beach. This is how you build your future in an established neighborhood. The good news is; everything works! You can live here while you make your upgrades. The office has a closet so it could be a 4 bedroom home. Buyer to cooperate in seller's 1031 exchange at no cost to buyer.
Nearby schools
4/10
Christa Mcauliffe Elementary School
Public,•K-5•0.8mi
6/10
Martin Luther King Jr. Middle School
Public,•6-8•1.9mi
/10
Ocean Shores High (Continuation) School
Public,•9-12•2.0mi
6/10
El Camino High School
Public,•9-12•2.3mi
Price History
Date
Event
Price
10/23/25
Price Change
$799,000
06/17/25
Listing
$850,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (224 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,312 | 1,725 | 24% |
| Lot Size | 6,398 | 6,100 | 54% |
| Price | $799K | $920K | 28% |
| Price per square foot | $609 | $554 | 70% |
| Built year | 1977 | 1987 | 24% |
| HOA | |||
| Days on market | 141 | 161 | 42% |
Condition Rating
Fair
Built in 1977, this property is a prime 'sweat-equity opportunity' as stated in the listing. The kitchen features original or very dated light wood cabinets, laminate countertops, older white appliances (including a coil-top electric range), and a dated fluorescent light fixture. Bathrooms also show significant age with older vanities, strip lighting, and likely original fixtures. Throughout the home, there's dated tile flooring, worn carpeting, and popcorn ceilings. While the description notes 'everything works,' indicating functionality, the property has not undergone major renovations since its construction and requires substantial cosmetic and functional updates to meet modern standards and appeal.
Pros & Cons
Pros
Prime Location: Situated in a coveted neighborhood within the Mira Costa College area, offering excellent proximity to transit, shopping, retail, restaurants, and just a few miles from the beach.
Sweat Equity Potential: Presented as a 'sweat-equity opportunity' in an established neighborhood, allowing buyers to customize and add significant value through renovations and upgrades.
Immediately Livable: The property is described as having 'everything works,' meaning it is functional and livable while the new owner plans and executes desired upgrades.
Flexible Floor Plan: The presence of an office with a closet provides the potential for easy conversion into a fourth bedroom, enhancing the property's versatility and appeal.
Recent Price Adjustment: The list price has been reduced from $850,000 to $799,000, potentially making it a more attractive and competitive option for buyers.
Cons
Requires Significant Upgrades: Explicitly marketed as a 'sweat-equity opportunity' needing 'upgrades,' indicating that substantial financial investment and renovation work will be required post-purchase.
Listed Above Estimated Value: The current list price of $799,000 is 7% higher than the estimated property value of $742,821, which may suggest it is priced above market expectations for its current condition.
1031 Exchange Contingency: The buyer's cooperation in the seller's 1031 exchange, while at no direct cost, can introduce additional legal and procedural complexities to the transaction timeline.