1324 Pacific St Oceanside

1324 Pacific St Oceanside

D

, CA 92054

$1,100,000

Beds

2

Baths

2

Sqft

1,000

Year Built

1982

Days on Market

109

Property Type

Condo

HOA/mo

$450

MLS ID

250044119SD

Description

Step into your coastal escape! Come experience the lifestyle of living only steps from the sand. With updated modern touches throughout this 2 bedroom 2 full bath condo offers effortless living. Spend your mornings strolling down to Oceanside's beloved Buccaneer café and enjoy ocean views while spending time at the grassy public park. Enjoy the full seaside lifestyle by taking an afternoon dip, enjoy kayaking or paddle boarding at a moments notice with nearby beach access. This home offers perfect full-time resident living while also allowing for Short-term rental (STR), offering instant income potential for those looking for investment opportunity while still getting to enjoy the beach life themselves. This complex is located in Oceanside's desirable beachfront neighborhoods and amongst the city's growing culinary scene- where new design worthy restaurants & craft coffee shops are flourishing. This home is your chance to dive into Oceanside's growing culture and make beach living your new lifestyle.

Mortgage Calculator

Est. Monthly Payment

$7,433

Principal & Interest$5,562
Property Tax$1,100
Insurance$321
HOA$450
%($220,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$3,388
Monthly Cashflow

Rent − PITI − HOA

$-4,045
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,741

Mortgage (P+I)
$5,562
Cap Rate
-0.20%
Cash-on-Cash
-22.06%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$7,433

NOI (Annual)
$-2,147
Price-to-Rent

Lower = better for investors

27.1

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

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