1420 San Simeon Street
1 / 20

1420 San Simeon Street

Ctop 80%

Oceanside, CA 92058Neighborhood: Eastside Capistrano

$1,059,000
STR closed · inland Oceanside

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 →

Virtual Tour

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

Principal & Interest$5,843
Property Tax$1,059
Insurance$309
%($211,800)
%
Loan Term

Location

Loading map...

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.

Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules

Investment Score

10C
Est. Monthly Rent
$3,771

11 leases of 3–5 bed houses within 2 mi · $3,290–$4,116

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,440
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,190

What would make this work?

$5,190/mo short at 20% down; 92% down or +$6,740/mo rent closes it.

Break-even price

64% under asking

$379,926
Break-even rent

$6,740/mo above the estimate

$10,511/mo
Cashflow at 35% down
−$4,094/mo
Down payment to break even

$974,280 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,843
Cap Rate
0.95%
Cash-on-Cash
-29.40%
DSCR

Need ≥ 1.25 for DSCR loan

0.52

NOI (Annual)
$10,101
Price-to-Rent

Lower = better for investors

23.4

* 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.

Open Full Calculator
CCashflow−$5,190/mo