1200 Harbor Drive

1200 Harbor Drive

D

Oceanside, CA 92054

$1,170,000

Beds

1

Baths

1.5

Sqft

1,364

Year Built

1976

Days on Market

39

Property Type

Condo

HOA/mo

$1,104

MLS ID

NDP2600758

View on MLS

Description

Situated on the first floor. No stairs! This beautiful home seamlessly blends indoor and outdoor living with sliding doors that open to a 220-square-foot deck which offers mesmerizing whitewater and harbor views. It is one of seven units in the building that boasts a deck spanning the entire width of the home! Indulge in the serene ritual of your morning coffee as the sea and harbor awaken and relish an evening cocktail beneath a sky illuminated by one of Oceanside's most breathtaking vistas. This exceptional residence at Oceanside Marina Towers is a true gem. Unit 1B also features a newer kitchen and updated baths, with indoor laundry, there is also a dedicated private EV charging station at the parking space - wow! The Marina Towers amenities include pool, spa, BBQ area, fitness center, clubhouse, and secured lobby. Water and basic cable are included in the HOA fees. This distinguished property is available with select furnishings too.

Mortgage Calculator

Est. Monthly Payment

$8,531

Principal & Interest$5,916
Property Tax$1,170
Insurance$341
HOA$1,104
%($234,000)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$5,403
Monthly Cashflow

Rent − PITI − HOA

$-3,128
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,346

Mortgage (P+I)
$5,916
Cap Rate
0.58%
Cash-on-Cash
-16.04%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.91
Break-even Rent
$8,531

NOI (Annual)
$6,844
Price-to-Rent

Lower = better for investors

18.0

* Defaults: 20% down, 6.5% rate, 30yr.

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