1501 Laurel Road
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1501 Laurel Road

C

Oceanside, CA 92054

$1,050,000
NEW — 0d

Soft Appraisal Value: $1,030,600 · 1.9% above estimate

Beds

2

Baths

1

Sqft

828

Year Built

1952

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606516

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

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About This Property

First Time on the Market! A rare opportunity to own a unique home on nearly 16,000 sq.ft. of property. Located in the highly sought after Fire Mountain Estates neighborhood. This charming 2-bedroom, 1-bath home on a 10,954 sq.ft. lot is being offered with the adjacent lot 4,920 sq.ft., presenting exceptional possibilities for renovation and/or potential ADU. Located just 2.5 miles from the beach, you'll enjoy easy access to Oceanside's amazing beaches, downtown restaurants, shopping, entertainment, and freeways. Access is provided via an easement driveway. Buyer to verify all development potential with the City of Oceanside. Opportunities of this size and location are exceptionally rare in coastal Oceanside.

Mortgage Calculator

Est. Monthly Payment

$6,666

Principal & Interest$5,309
Property Tax$1,050
Insurance$306
%($210,000)
%

Location

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Investment Score

3D
Est. Monthly Rent
$3,216
Monthly Cashflow

Rent − PITIA

$-3,449
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,064

Mortgage (P+I)
$5,309
Cap Rate
0.28%
Cash-on-Cash
-28.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$9,793

NOI (Annual)
$2,944
Price-to-Rent

Lower = better for investors

27.2

* 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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