1587 Avenida Oceano
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1587 Avenida Oceano

Ctop 80%

Oceanside, CA 92056Neighborhood: Ivey Ranch & Rancho Del Oro

$809,000
NEW — 0d
STR closed · inland Oceanside

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 6, 2026.

Pass at asking: -$3,362/mo full cashflow at 20% down, 7.43% rate.

Works at $371,343 (54% under asking), or at 80% down.

Rent $3,888/mo from 18 leases of 2–4 bed houses within 1 mi ($3,522–$3,912).

Beds

3

Baths

2

Sqft

1,494

Year Built

1989

Days on Market

0

Property Type

Single Family

HOA/mo

$142

MLS ID

260026473SD

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

About This Property

Step inside and enjoy bright, inviting living spaces with a seamless flow between the living room, dining area, and a kitchen with its own adjoining den area and fireplace—ideal for entertaining guests, hosting family gatherings, or simply enjoying everyday life. It’s cathedral ceilings and large windows offer light coming in from the East in the morning with a beautifully landscaped backyard patio - wonderful to enjoy the sun all day for outdoor activities or simply relaxing at the end of the day. You will feel the warmth and intimacy of this one-level open design. You have a primary en-suite bath and two walk-in closets, lots of extra closet space and a custom built bookcase that offer a wonderful creative space for a library or display. This single-story home offers three bedrooms, two bathrooms, air conditioning, and a layout that gives you a unique opportunity to bring your own style and taste to life. Perfectly situated in the heart of this tree lined community of Rancho Del Oro;  A neighborhood 15 minutes from the beach that reflects the distinct charm of a coastal town. Oceanside has its own distinct neighborhoods and strong community feel, while being just north of downtown San Diego. This beautiful home is the perfect starting point for exploring what this town has to offer.

Mortgage Calculator

Est. Monthly Payment

$5,681

Principal & Interest$4,494
Property Tax$809
Insurance$236
HOA$142
%($161,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Empresa Elementary · grades K-5 · Vista Unified

  • Middle

    Roosevelt Middle · grades 6-8 · Vista Unified

  • High

    Vista High · grades 9-12 · Vista 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

36C
Est. Monthly Rent
$3,888

18 leases of 2–4 bed houses within 1 mi · $3,522–$3,912

Blended 50/50 with the zip's market median ($4,110)

Monthly Cashflow

Rent − PITIA

-$1,793
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,362

What would make this work?

$3,362/mo short at 20% down; 80% down or +$4,366/mo rent closes it.

Break-even price

54% under asking

$371,343
Break-even rent

$4,366/mo above the estimate

$8,254/mo
Cashflow at 35% down
−$2,519/mo
Down payment to break even

$647,200 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,494
Cap Rate
1.97%
Cash-on-Cash
-24.93%
DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)
$15,924
Price-to-Rent

Lower = better for investors

17.3

* Modelled at 20% down, 7.43% 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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CCashflow−$3,362/mo