1704 Laurelwood

1704 Laurelwood

D

Oceanside, CA 92056

$885,000
NEW — 0d on market

Beds

3

Baths

2.5

Sqft

2,040

Year Built

2023

Days on Market

0

Property Type

Townhouse

HOA/mo

$380

MLS ID

ND26035168

View on MLS

Description

Welcome to Melrose Heights, a beautifully designed newer townhome community in Oceanside. Built in 2023, this 3 bedroom, 2.5 bath home combines modern style, energy efficient features, and a functional floorplan in a highly desirable coastal location. Natural light fills the main living areas, where the open concept layout connects the living, dining, and kitchen spaces for seamless everyday living. The upgraded kitchen stands out with quartz counters, a large center island, custom backsplash, pendant lighting, and stainless steel Samsung appliances. Thoughtful improvements include paid solar, EERO wifi boosters, a smart thermostat, reverse osmosis system and a two car attached garage prepped for EV charging. On the second floor, a spacious loft offers flexibility for a variety of uses, while the primary suite features a bright, peaceful setting with an ensuite bath that includes dual vanities, cultured marble counters, a soaking tub, walk in shower, and generous walk in closet. Two additional bedrooms, a full bath, bonus walk in closet and a separate laundry room complete the upper level. Melrose Heights offers well maintained amenities including a community pool, outdoor gathering areas, landscaped grounds, and play area. Located just minutes from the beach, Oceanside Pier, shops, restaurants, farmers markets, and local events, this home presents an excellent opportunity to enjoy modern coastal living.

Mortgage Calculator

Est. Monthly Payment

$5,998

Principal & Interest$4,475
Property Tax$885
Insurance$258
HOA$380
%($177,000)
%

Investment Score

3D
Est. Monthly Rent
$3,879
Monthly Cashflow

Rent − PITI − HOA

$-2,119
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,749

Mortgage (P+I)
$4,475
Cap Rate
0.98%
Cash-on-Cash
-25.41%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$8,747

NOI (Annual)
$8,716
Price-to-Rent

Lower = better for investors

19.0

* 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.

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