1597 Kelly Street
1 / 20

1597 Kelly Street

D

Oceanside, CA 92054

$1,400,000

Soft Appraisal Value: $1,384,500 · 1.1% above estimate

Beds

4

Baths

2.5

Sqft

2,680

Year Built

1985

Days on Market

46

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603650

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

Virtual Tour

About This Property

Prime Oceanside Location. Positioned just east of the 5, this spacious home captures ocean and lagoon views in one of Oceanside’s most desirable pockets. Featuring 3 bedrooms plus an optional 4th (no closet) and two extra spaces/rooms to get creative for use (seller used one as a wine celler and craft room), this property offers a fantastic, versatile layout with room to make it your own. The primary suite (not pictured) is very spacious, includes two private balconies to take in ocean view, separate tub and shower, dual sinks, three closets. The home also boasts a secondary living space/loft with wet bar and fireplace, perfect for entertaining, relaxing, or multi-generational living. Garage has epoxy flooring, work area and built in shelving. With incredible bones, generous square footage, and a layout that truly lives well, this home presents a rare opportunity to create something special in a prime coastal setting.

Mortgage Calculator

Est. Monthly Payment

$8,887

Principal & Interest$7,079
Property Tax$1,400
Insurance$408
%($280,000)
%

Location

Loading map...

Investment Score

7D
Est. Monthly Rent
$4,858
Monthly Cashflow

Rent − PITIA

$-4,029
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,313

Mortgage (P+I)
$7,079
Cap Rate
0.66%
Cash-on-Cash
-27.06%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$13,057

NOI (Annual)
$9,192
Price-to-Rent

Lower = better for investors

24.0

* 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.

Get Expert AnalysisOpen Full Calculator