509 N Horne Street, Oceanside, California 92054, Oceanside, - bed, bath

home-pic
ACTIVE$1,595,000
509 N Horne Street, Oceanside, California 92054
6Beds
6Baths
2,756Sqft
5,147Lot
Year Built
2000
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
NDP2509818
Home ConditionFair
Features
Good View:
View

About this home

An exceptional investment opportunity in the heart of coastal Oceanside. Just minutes from the beach and downtown, 509 North Horne Street offers a versatile three-unit layout with outstanding potential for renovation, expansion, or redevelopment. The property includes over six bedrooms, four bathrooms, and two half baths thoughtfully arranged across a flexible floor plan. The main residence features four bedrooms and two and a half baths, while two fully detached accessory units are positioned at the rear—each paired with its own two-car garage. The generous lot and existing improvements provide a strong foundation for modernization or a complete reimagining into contemporary multi-unit living. Set within one of North County’s most dynamic coastal markets, this property blends scale, flexibility, and location—presenting a rare opportunity for investors and developers to shape the next chapter of Oceanside’s evolution.

Nearby schools

3/10
Laurel Elementary School
Public,K-50.5mi
3/10
Mission Elementary School
Public,K-51.0mi
4/10
South Oceanside Elementary School
Public,K-52.0mi
5/10
Lincoln Middle School
Public,6-81.8mi
5/10
Oceanside High School
Public,9-120.4mi
/10
Ocean Shores High (Continuation) School
Public,9-122.8mi

Price History

Date
Event
Price
10/10/25
Listing
$1,595,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (1 Listings)
Beds64.5
50%
Baths64
50%
Square foot2,7562,219
50%
Lot Size5,1474,992
50%
Price$1.59M$2.23M
50%
Price per square foot$579$1,144.5
50%
Built year200010001000
100%
HOA
Days on market2697
50%
Condition Rating
Fair

Built in 2000, this property is 24 years old. The listing description explicitly mentions 'potential for renovation, expansion, or redevelopment' and a 'strong foundation for modernization,' indicating that while functional, the property is dated and requires updates. The absence of interior photos, particularly for kitchens and bathrooms, further suggests these areas are likely original to the build year and would show signs of being outdated, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Exceptional Coastal Location: Situated in the heart of coastal Oceanside, just minutes from the beach and downtown, offering highly desirable access to amenities and the vibrant coastal lifestyle.
Significant Investment Opportunity: A versatile triplex layout designed for residential income, presenting a rare opportunity for investors and developers in a dynamic market.
High Redevelopment Potential: The generous lot and existing improvements provide a strong foundation for modernization, expansion, or complete redevelopment into contemporary multi-unit living.
Multi-Unit Configuration with Garages: Comprises a main residence and two fully detached accessory units, each paired with its own two-car garage, enhancing rental appeal and functionality.
Flexible and Spacious Layout: Boasts over six bedrooms, four full bathrooms, and two half baths across a flexible floor plan, accommodating diverse living arrangements or rental strategies.

Cons

Requires Significant Renovation/Redevelopment: The property is explicitly marketed for its 'potential for renovation, expansion, or redevelopment,' indicating it is not turn-key and will require substantial capital investment to maximize its value.
Unspecified Current Condition: While highlighting potential, the description lacks details on the current state of the units, finishes, or systems, suggesting potential deferred maintenance or outdated features that would necessitate upgrades.
Absence of Current Income Data: The listing emphasizes 'investment opportunity' and 'residential income' but does not provide current rental income figures or occupancy details, making it difficult for investors to immediately assess cash flow.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State