1921 Myers Street

1921 Myers Street

D

Oceanside, CA 92054

$1,790,000

Beds

2

Baths

1

Sqft

889

Year Built

1948

Days on Market

55

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2600190

Description

Don’t miss this rare opportunity in one of the most exciting and tightly held coastal enclaves in San Diego County. This South Oceanside beach bungalow is uniquely situated within a highly limited pocket bordered by Buccaneer Park, the prestigious St. Malo neighborhood, Pacific Terrace with the Pacific Ocean just beyond, and the vibrant South Oceanside 101 corridor—creating a naturally defined area with exceptionally scarce inventory. Set on a flat, fully usable 6,011 sq ft lot with convenient alley access, the 2-bedroom, 1-bath home offers a large yard and outstanding flexibility. Enjoy wonderfully walkable streets, immediate access to Buccaneer Park and the beach, and close proximity to the shops, cafés, and restaurants that define the South Oceanside lifestyle. Whether you choose to reimagine the existing home as a quintessential Southern California beach bungalow or explore future development potential, this property offers compelling upside. The City of Oceanside allows for upzoning in this area, with potential for up to four units (buyer to verify).

Mortgage Calculator

Est. Monthly Payment

$11,363

Principal & Interest$9,051
Property Tax$1,790
Insurance$522
%($358,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$3,180
Monthly Cashflow

Rent − PITI − HOA

$-8,183
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,406

Mortgage (P+I)
$9,051
Cap Rate
-0.91%
Cash-on-Cash
-27.43%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.35
Break-even Rent
$11,363

NOI (Annual)
$-16,261
Price-to-Rent

Lower = better for investors

46.9

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

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