717 Le Conte Street #3
1 / 20

717 Le Conte Street #3

Atop 10%

Oceanside, CA 92057Neighborhood: Oceana

$350,000

Soft Appraisal Value: $350,600 · 0.2% below estimate

Pass at asking: -$623/mo full cashflow at 20% down, 7.65% rate.

Works at $270,101 (23% under asking), or at 46% down.

Rent $3,303/mo from 14 leases of 1–3 bed houses within 2 mi ($3,216–$3,788).

Beds

2

Baths

2

Sqft

1,120

Year Built

1975

Days on Market

28

Property Type

Single Family

HOA/mo

$436

MLS ID

NDP2608837

This property is in Oceanside (92057). Browse neighborhood analytics →

Virtual Tour

About This Property

Enjoy the ease of single-story living in Oceana South Unit 3. This 2-bedroom home features approximately 1,120 square feet with a bright, main living area and dining-area built-ins that add character and convenient storage. A covered patio provides a spot to unwind and enjoy Oceanside’s coastal climate, while a one-car garage adds everyday convenience. A community pool completes the setting for relaxed Southern California living. The Seller must comply with HUD Guidelines 24 CFR 206.125. Some images in this listing have been virtually staged.

Mortgage Calculator

Est. Monthly Payment

$2,875

Principal & Interest$1,987
Property Tax$350
Insurance$102
HOA$436
%($70,000)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Pablo Tac School of the Arts · grades K-5 · Oceanside Unified

  • Middle

    Martin Luther King Jr. Middle · grades 6-8 · Oceanside Unified

  • High

    El Camino High · grades 9-12 · Oceanside Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules

Investment Score

82A
Est. Monthly Rent
$3,303

14 leases of 1–3 bed houses within 2 mi · $3,216–$3,788

Blended 50/50 with the zip's market median ($3,119)

Monthly Cashflow

Rent − PITIA

+$428
Full Cashflow

Incl. vacancy, PM, maint, capex

-$623

What would make this work?

$623/mo short at 20% down; 46% down or +$809/mo rent closes it.

Break-even price

23% under asking

$270,101
Break-even rent

$809/mo above the estimate

$4,112/mo
Cashflow at 35% down
−$251/mo
Down payment to break even

$161,000 cash

46%
Rate to break even

at 20% down

4.17%

Mortgage (P+I)
$1,987
Cap Rate
4.68%
Cash-on-Cash
-10.68%
DSCR

Need ≥ 1.25 for DSCR loan

1.15

NOI (Annual)
$16,364
Price-to-Rent

Lower = better for investors

8.8

* Modelled at 20% down, 7.65% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

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

Open Full Calculator
ACashflow−$623/mo