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509 N Horne
Coastal North Oceanside 92054

$1,695,000
Residential Income beds: 6 baths: 6.0 0 sq. ft. built: 2000

Main Photo: Residential Income for sale : 6 bedrooms : 509 N Horne in Oceanside
Photo 1: Residential Income for sale : 6 bedrooms : 509 N Horne in Oceanside
Photo 2: Residential Income for sale : 6 bedrooms : 509 N Horne in Oceanside
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
250036867
Bedrooms:
6
Bathrooms:
6
Year Built:
2000
Opportunity awaits at this versatile coastal compound in the heart of Oceanside. Currently operating as an independent living facility, the property generates immediate income of $17,000 per month and features over six bedrooms and five bathrooms across a flexible floor plan. Situated on a generous lot just minutes from the beach and downtown, the property includes nearly two fully detached accessory units at the rear, each with two-car garages—perfect for expansion, rental income, or multi-generational living. Set in a prime location near the coast, transit, and Oceanside’s vibrant hub of shops, dining, and redevelopment, 509 N Horne presents a rare opportunity to acquire a flexible property in one of North County’s fastest-growing neighborhoods.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
Coastal North
Neighborhood Code:
Oceanside
Name of Complex/Subdivision:
OCEANSIDE
Building Name:
N/K
Total Building Area:
0 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
6
Bathrooms:
6
Full Bathrooms:
4
Half Bathrooms:
2
Stories:
2 Story
Total Stories:
2
Year Built:
2000
Age (in years):
25 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Other/Remarks
Cap Rate.:
9.4
Gross scheduled income:
204000.0
Other income actual:
0
Operating expense:
39398.0
Number of Units:
3
Number of Units with Cooling:
0
Tenant pays:
Other/Remarks
From I-5, exit Mission Ave west. Turn right on N Horne St. Property is on the left at 509 N Horne St.
Elementary School District:
Oceanside Unified School Distric
Junior High School District:
Oceanside Unified School Distric
High School District:
Oceanside Unified School Distric
Site Influences:
Alley Access, Curbs, Public Street, Sidewalks, Street Paved, West of I-5
Complex Features:
Laundry Facilities, Other/Remarks
Special Listing Conditions:
Call Agent
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
5,227 sq. ft.
Parcel Number:
1471050400
Cooling:
Other/Remarks
Utilities:
Sewer Connected
Roof:
Other/Remarks
Security:
N/K
Water supply:
Meter on Property
Irrigation:
Drip, Sprinklers
Pets Allowed:
Allowed w/Restrictions
Zoning:
CP
Fencing:
Full
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Listed by Compass
Data was last updated October 4, 2025 at 07:10 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$3,000,000
Min list price:
$1,490,000
Max list price:
$21,995,000
Avg days on market:
68
Min days on market:
14
Max days on market:
866
These statistics are generated based on the current listing's property type and located in Coastal North. Average values are derived using median calculations. This data is not produced by the MLS® system.
JENNY SCHLICK
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.