1202 Pacific Street
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1202 Pacific Street #209B

C

Oceanside, CA 92054

$1,275,000

Soft Appraisal Value: $1,236,600 · 3.1% above estimate

Beds

2

Baths

2

Sqft

917

Year Built

1974

Days on Market

144

Property Type

Condo

HOA/mo

$1,150

MLS ID

NDP2601702

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

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About This Property

Rare opportunity to own one of Marina del Mar's sought-after two-bedroom, two-bath waterfront residences. Located on the unique peninsula between Oceanside Harbor and the Pacific Ocean, this beautifully updated and professionally designed condo enjoys protected harbor views with no future development possible directly in front of the property. One of the few two-bedroom floor plans in the community, the residence offers exceptional flexibility as a primary home, vacation getaway, or income-producing rental. Short-term rentals are permitted, and the spacious layout comfortably accommodates family and guests. Enjoy harbor views from your private balcony, then take a short stroll to the beach just steps from your door. Marina del Mar's premier location places you moments from Harbor Village, waterfront dining, shopping, Downtown Oceanside, and the iconic Oceanside Pier. Community amenities include a heated pool, spa, sauna, BBQ area, elevators, laundry facilities, gated access, covered parking, and guest parking. Experience the best of Southern California coastal living in one of Oceanside Harbor's most desirable waterfront communities. Ideal as a primary residence, second home, or investment property—experience coastal living at its finest. Opportunities like this don’t last long. Short Term Rentals...Okay!

Mortgage Calculator

Est. Monthly Payment

$9,244

Principal & Interest$6,447
Property Tax$1,275
Insurance$372
HOA$1,150
%($255,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,060
Monthly Cashflow

Rent − PITIA

$-6,184
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,950

Mortgage (P+I)
$6,447
Cap Rate
-1.41%
Cash-on-Cash
-37.41%
DSCR

Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$13,385

NOI (Annual)
$-18,040
Price-to-Rent

Lower = better for investors

34.7

* 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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