1200 Harbor Drive #7-C
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1200 Harbor Drive #7-C

Ctop 80%

Oceanside, CA 92054Neighborhood: Townsite

$1,265,000
STR: check · no permits in this complex · TOT 10%

5 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 1, 2026.

No unit in this 67-unit complex holds a short-term rental permit, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$7,017/mo full cashflow at 20% down, 7.49% rate.

Works at $355,201 (72% under asking), or at all cash.

Rent $4,995/mo from 14 leases of 1–3 bed condos & townhomes within 1 mi, same school area ($3,825–$4,868). Previously leased for $4,995.

Beds

2

Baths

2

Sqft

1,364

Year Built

1976

Days on Market

185

Property Type

Condo

HOA/mo

$1,106

MLS ID

OC26086648

This property is in Oceanside (92054). View neighborhood stats →

About This Property

Enjoy breathtaking views of Harbor, Beach, and Ocean. Unit is located on the 7th floor of the Marina Towers, 1364 sq. ft., 2 Bedrooms, 2 Full Baths. Floor to ceiling windows provide 180 degrees of unobstructed views of the Harbor, Lighthouse, Beach and Ocean. Relax watching the sail boats in and out of the harbor and sailing at sea. Start your mornings sipping coffee and watching the sun rise, and in the afternoons recline, enjoy a romantic sundown sipping wine and watching the sun set in the horizon. In the afternoons step in to the Harbor for a stroll or have lunch at any of the several great restaurants at the Harbor, or lay in the sun at the beach, or do some body surfing, or go bike riding. At home do your chef magic at the gourmet chef's kitchen with granite countertops , newer cabinets, travertine backsplash and luxurious stainless steel appliances. The master ensuite boasts of a marble shower ready for a relaxing, and a walk-in closet with plenty of space. The guest bedroom can be used as a bedroom with its own balcony or additional sitting area for entertaining guests. The spacious and open living area flows seamlessly into the gourmet kitchen, living room and additional guest entraining sitting room.The private balcony is suited for an outdoor romantic meal or glass of wine. Unforgettable stunning views, walking distance to the Harbor, beach, restaurants, and downtown. Easy freeway access and to shopping. Secured Building, offers swimming pool and jacuzzi, BBQ area, lounge area and gas fire pit, large rec room and fully equipped exercise room.

Mortgage Calculator

Est. Monthly Payment

$9,809

Principal & Interest$7,069
Property Tax$1,265
Insurance$369
HOA$1,106
%($253,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Laurel Elementary · grades K-5 · Oceanside Unified

  • Middle

    Jefferson Middle · grades 6-8 · Oceanside Unified

  • High

    Oceanside 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.

Investment Score

3C
Est. Monthly Rent
$4,995

Previously leased for $4,995

14 leases of 1–3 bed condos & townhomes within 1 mi, same school area · $3,825–$4,868

Monthly Cashflow

Rent − PITIA

-$4,814
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,017

What would make this work?

$7,017/mo short at 20% down; 100% down or +$9,113/mo rent closes it.

Break-even price

72% under asking

$355,201
Break-even rent

$9,113/mo above the estimate

$14,108/mo
Cashflow at 35% down
−$5,692/mo
Down payment to break even

$1,265,000 cash

100%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,069
Cap Rate
0.29%
Cash-on-Cash
-33.28%
DSCR

Need ≥ 1.25 for DSCR loan

0.51

NOI (Annual)
$3,621
Price-to-Rent

Lower = better for investors

21.1

* Modelled at 20% down, 7.49% 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.

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CCashflow−$7,017/mo