1640 Pacific Street
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1640 Pacific Street #8

C

Oceanside, CA 92054

$945,000
NEW — 0d

Soft Appraisal Value: $929,800 · 1.6% above estimate

Beds

2

Baths

2

Sqft

918

Year Built

1969

Days on Market

0

Property Type

Condo

HOA/mo

$650

MLS ID

NDP2605683

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

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About This Property

Beach-Close South-O Gem with Peekaboo Ocean Views & Pool Proximity! Listen to the soothing ocean breakers from this charming 2bd/2ba condo in the highly sought after South Oceanside. This lower-level unit is perfectly positioned as the closest to the heated community pool & spa — delivering effortless resort-style living just 90 seconds from the sand. Enjoy incredible walkability to surf & sand & vibrant O-side amenities. Moments from Buccaneer Beach & Buccaneer Park, with easy access to the popular Buccaneer Café, local restaurants, dining spots, markets & all the coastal charm South O has to offer. Love live music? Head over to the Moose Lodge known for surprise visits from well-known artists. Step inside to find a turnkey home that shows beautifully with fresh paint and abundant natural light. The functional floor plan features a spacious living area, generous bedrooms, and an ensuite primary bath. Enjoy your morning coffee on the private patio while soaking in the desirable peekaboo ocean view. Additional highlights include cherry cabinetry, granite counters, tile flooring, and an attached one-car garage with extra storage. This gated small complex offers a low-maintenance coastal lifestyle. Located in the heart of South Oceanside’s beach community, this home is ideal for full-time living, vacation getaways, or as a strong income-producing short or long-term rental. Don’t miss this rare opportunity to own a piece of the South-O lifestyle! Schedule your private showing today.

Mortgage Calculator

Est. Monthly Payment

$6,649

Principal & Interest$4,778
Property Tax$945
Insurance$276
HOA$650
%($189,000)
%

Location

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Investment Score

12D
Est. Monthly Rent
$3,986
Monthly Cashflow

Rent − PITIA

$-2,663
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,368

Mortgage (P+I)
$4,778
Cap Rate
0.52%
Cash-on-Cash
-27.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$9,658

NOI (Annual)
$4,929
Price-to-Rent

Lower = better for investors

19.8

* 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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