1202 Pacific Oceanside

1202 Pacific Oceanside

D

, CA 92054

$1,250,000

Beds

2

Baths

2

Sqft

911

Year Built

1974

Days on Market

29

Property Type

Condo

HOA/mo

$1,013

MLS ID

SW26003694

View on MLS

Description

A RARE FIND! Gorgeous Ocean front 2 bedroom, 2 bath condo located in the beautiful Marina Del Mar Complex. Highly desirable gated community—steps to the beach, harbor, shops and dining. Unobstructed sea and sunset views from the balcony. Freshly updated, fully furnished and Turnkey. HOA approved for short term rentals. Primary has brand new furniture, including new queen mattress, mirrored closet doors, with ensuite full bath. Secondary bedroom has 2 full sized beds. Big screen TVs in primary and living room. Fully stocked kitchen. Deeded, covered single parking space. Community amenities include heated pool & spa, BBQ area, elevators, laundry on each floor, gated parking, and guest access. Perfect for primary residence, second home, or investment property. Enjoy coastal living at its finest! Hurry, this one won't last!

Mortgage Calculator

Est. Monthly Payment

$8,948

Principal & Interest$6,321
Property Tax$1,250
Insurance$365
HOA$1,013
%($250,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$2,383
Monthly Cashflow

Rent − PITI − HOA

$-6,566
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,155

Mortgage (P+I)
$6,321
Cap Rate
-1.76%
Cash-on-Cash
-31.52%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$8,949

NOI (Annual)
$-22,017
Price-to-Rent

Lower = better for investors

43.7

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

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