
1420 San Simeon Street
Ctop 80%Oceanside, CA 92058Neighborhood: Eastside Capistrano
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$5,190/mo full cashflow at 20% down, 7.36% rate.
Works at $379,926 (64% under asking), or at 92% down.
Rent $3,771/mo from 11 leases of 3–5 bed houses within 2 mi ($3,290–$4,116).
Beds
4
Baths
3
Sqft
1,190
Year Built
1954
Days on Market
70
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2608307
This property is in Oceanside (92058). Browse neighborhood analytics →
About This Property
Coastal living, done right. About a mile from Oceanside Harbor and the beach, this fully remodeled single-story home sits on one of Eastside Capistrano's more desirable elevated lots, framed by sweeping valley and hillside views that shift with the light throughout the day. Every detail here was chosen with intention, from the quartz countertops and stainless steel appliances in the open kitchen to the wood-look flooring running seamlessly through the main living spaces. The primary suite feels like its own retreat, with a spacious closet and a spa-inspired ensuite finished in herringbone tile and warm gold hardware. Recessed lighting, dual-pane windows, and mini-split climate control round out a home that's as comfortable as it is polished. Step outside and the possibilities open up further. A legally permitted, one-bedroom ADU, finaled by the City of Oceanside, offers its own private entrance, kitchenette, vaulted ceilings, and separate utilities, ready to generate real rental income or host extended family in comfort and privacy. The front yard's turf and drought-tolerant landscaping keep upkeep low, and the elevated lot leaves room for RV or boat parking. No HOA, no shortcuts, just a beautifully executed coastal property with income potential built in from the start.
Mortgage Calculator
Est. Monthly Payment
$7,211
Location
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Zoned Schools
Elementary
North Terrace Elementary · grades K-8 · Oceanside Unified
Middle
Jefferson Middle · grades 6-8 · Oceanside Unified
High
Oceanside High · grades 9-12 · Oceanside Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,771
Comp Average
$3,740

117 Playa Del Rey
3bd / 2ba · 1,510 sqft · Single Family
$750K
Est. $3,879/mo
1421 Puls Street
3bd / 1ba · 864 sqft · Single Family
$750K
Est. $3,642/mo
4422 Arbor Cove Circle
3bd / 2ba · 1,318 sqft · Single Family
$799K
Est. $3,717/mo
4436 Point Vicente
3bd / 2ba · 1,260 sqft · Single Family
$829K
Est. $3,610/mo
3428 Spindrift Court
3bd / 2ba · 1,476 sqft · Single Family
$899K
Est. $3,854/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules
Investment Score
11 leases of 3–5 bed houses within 2 mi · $3,290–$4,116
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,190/mo short at 20% down; 92% down or +$6,740/mo rent closes it.
- Break-even price
- $379,926
- Break-even rent
- $10,511/mo
- Cashflow at 35% down
- −$4,094/mo
- Down payment to break even
- 92%
- Rate to break even
- Not reachable
64% under asking
$6,740/mo above the estimate
$974,280 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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