1202 N Pacific St

1202 N Pacific St #106B

D

Oceanside, CA 92054

$930,000
NEW — 6d on market

Beds

1

Baths

1

Sqft

614

Year Built

1974

Days on Market

6

Property Type

Condo

HOA/mo

$756

MLS ID

NDP2602961

Description

Opportunity to own WATERFRONT! This Complex sits uniquely in the peninsula where the ocean is on one side and the harbor on the other side. Where the beach and water activities are at your fingertips. Just steps away is fishing tours, boat rentals, paddle board & kayak rentals and a number of great restaurants and shops. Just a short walk south is the pier and downtown Oceanside where you'll find even more variety of restaurants, coffee shops, wine bars, cocktails, shopping and much more! Oceanside has rapidly become a great vacation destination! This unit was recently remodeled and comes fully furnished and move-in ready! Colorful harbor views with the gentle sounds of ocean best describes the vibe once you arrive. Unique to ONLY 6 bottom units in this complex is over 100 SQUARE FEET of PRIVATE PATIO space! SHORT TERM RENTALS OK! This gated community offers a pool, spa, BBQs and recreation center.

Mortgage Calculator

Est. Monthly Payment

$6,660

Principal & Interest$4,703
Property Tax$930
Insurance$271
HOA$756
%($186,000)
%

Investment Score

0D
Est. Monthly Rent
$1,874
Monthly Cashflow

Rent − PITIA

$-4,786
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,992

Mortgage (P+I)
$4,703
Cap Rate
-1.66%
Cash-on-Cash
-38.66%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.28
Break-even Rent
$9,655

NOI (Annual)
$-15,468
Price-to-Rent

Lower = better for investors

41.4

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

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

Get Expert AnalysisOpen Full Calculator