1215 Calle Ultimo
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1215 Calle Ultimo

C

Oceanside, CA 92056

$970,000
NEW — 2d

Soft Appraisal Value: $957,500 · 1.3% above estimate

Beds

4

Baths

3

Sqft

2,123

Year Built

1993

Days on Market

2

Property Type

Single Family

HOA/mo

$142

MLS ID

NDP2606147

This property is in Oceanside (92056). View neighborhood stats →

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About This Property

First time this wonderful Bel Canto home is on the market in Rancho Del Oro Village III! The original owners have loved this home since day one and it shows the moment you arrive. The freshly painted interior feels bright and alive, with soaring vaulted ceilings and natural light setting a warm, welcoming tone throughout. The kitchen with multiple windows looks out onto the backyard greenery while you cook and share meals in the breakfast nook, flowing naturally into the family room. A main floor bedroom and full bathroom offer flexibility for guests, multi-generational living, or a private home office. The separate laundry room includes cabinetry for storage. Upstairs, the primary suite features dual closets and a bathroom with separate tub and shower. Two additional bedrooms with large closets, hallway cabinetry, and a full bathroom complete the upper level. The backyard mature trees and landscaping didn't happen overnight, this is years of love and care you get to enjoy. A huge bonus, a roof lift and lay was completed in 2021 with years left on the warranty! The 3-car garage has extensive cabinets. Washer, dryer, refrigerator, and shed included. This charming neighborhood has wide streets, dog park, playground, and meticulously maintained. Centrally located in Oceanside with easy access to multiple schools, the YMCA, shopping, dining, medical care, and Frontwave Arena.

Mortgage Calculator

Est. Monthly Payment

$6,300

Principal & Interest$4,905
Property Tax$970
Insurance$283
HOA$142
%($194,000)
%

Location

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Investment Score

27D
Est. Monthly Rent
$4,321
Monthly Cashflow

Rent − PITIA

$-1,979
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,781

Mortgage (P+I)
$4,905
Cap Rate
1.39%
Cash-on-Cash
-23.39%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$9,231

NOI (Annual)
$13,486
Price-to-Rent

Lower = better for investors

18.7

* 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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