1202 Pacific
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1202 Pacific #206B

D

Oceanside, CA 92054

$988,888
NEW — 1d

Beds

2

Baths

1.5

Sqft

911

Year Built

1974

Days on Market

1

Property Type

Condo

HOA/mo

$1,013

MLS ID

OC26081990

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

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About This Property

Experience truly exceptional coastal living in this gorgeous oceanfront 2-bedroom, 2-bath residence located in the highly sought-after, gated Marina Del Mar community. For beach and ocean enthusiasts, no location could be more suitable than this beautiful oceanfront, harbor-front beach home. Step onto your private balcony to enjoy morning warmth and refreshing coastal breezes. Designed for both comfort and style. It features tasteful upgrades throughout including quartz countertops, stainless steel appliances, custom built-ins and upgraded cabinetry. Marina Del Mar is located on a strip of land between the beach and Oceanside Harbor. The harbor area hosts several restaurants, bars, a coffee shop, an ice cream shop, a fish market, and numerous facilities for recreational activities - such as boat, paddleboard, and kayak rentals, SUPs, deep-sea fishing, whale watching, and boat slips at the friendly, affordable yacht club. You could even get a slip within sight from your condo! Only a mile away are the restaurants and amenities of the Oceanside pier and downtown are only a mile away. Located between Orange County, San Diego, & the wineries of Temecula, Oceanside is a centerpiece of coastal Southern California and has one of the best beaches in SD county. A rare opportunity—don’t miss it.

Mortgage Calculator

Est. Monthly Payment

$7,291

Principal & Interest$5,000
Property Tax$989
Insurance$288
HOA$1,013
%($197,778)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,510
Monthly Cashflow

Rent − PITIA

$-3,780
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,412

Mortgage (P+I)
$5,000
Cap Rate
-0.50%
Cash-on-Cash
-32.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$10,538

NOI (Annual)
$-4,935
Price-to-Rent

Lower = better for investors

23.5

* 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.

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