1842 S. Pacific Street Oceanside

1842 S. Pacific Street Oceanside

D

, CA 92054

$4,485,000

Beds

6

Baths

4

Sqft

3,176

Year Built

1994

Days on Market

46

Property Type

Single Family

HOA/mo

N/A

MLS ID

260001342SD

Description

Endless Summer! Unparalleled South Oceanside beach property on South Pacific with boundless ocean and sunset views just steps to the sand. You will be immersed in a sensory experience with the sound, scent, and expansive sight of the ocean before you. This thoughtful, tranquil, newly renovated beach escape offers spaces unlike any you have seen, including four villas with private entrances, kitchens, living rooms and baths. Modern sophistication meets a balance of coastal comfort for fun and relaxation. This is the epitome of a staycation, beach retreat or ingenious investment property. The inviting courtyard features outdoor living and dining complete with a firepit and putting green ideal for entertaining. The exceptional ocean views can be showcased on 3 private patios/decks, all living spaces, kitchens and a primary bedroom. Additional features include parking for 4 cars, owned solar and an outdoor shower. Bring your overnight bag, this home can be sold fully furnished. Make your dream of owning oceanfront a reality!

Mortgage Calculator

Est. Monthly Payment

$28,472

Principal & Interest$22,679
Property Tax$4,485
Insurance$1,308
%($897,000)
%

Comparable Properties

1 comp found

This Property

$4,076

vs

Comp Average

$7,959

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$4,076
Monthly Cashflow

Rent − PITI − HOA

$-24,396
Full Cashflow

Incl. vacancy, PM, maint, capex

$-29,071

Mortgage (P+I)
$22,679
Cap Rate
-1.71%
Cash-on-Cash
-32.64%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.18
Break-even Rent
$28,472

NOI (Annual)
$-76,704
Price-to-Rent

Lower = better for investors

91.7

* Defaults: 20% down, 6.5% rate, 30yr.

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