200 El Camino Real #290
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200 El Camino Real #290

Atop 10%

Oceanside, CA 92058Neighborhood: San Luis Rey

$319,000
NEW — 0d
STR closed · inland Oceanside

2 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$785/mo full cashflow at 20% down, 7.43% rate.

Works at $216,781 (32% under asking), or at 56% down.

Rent $2,162/mo: zip market median for this bed count.

Beds

2

Baths

2

Sqft

1,440

Year Built

1976

Days on Market

0

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2609163

This property is in Oceanside (92058). Browse neighborhood analytics →

Virtual Tour

About This Property

Welcome to your beautifully updated oasis in the premier Senior Community of Rancho San Luis Rey. This incredible home offers an unparalled financial opportunity as it sits on LOW space rent under RENT CONTROL, and carries NO PROPERTY TAXES. With 1440 sq feet of bright, modern and carefree living plus a massive CA room, you have separate living and family rooms, plus the flex room. You'll be charmed by the freshly painted exterior and lovely curb appeal, new front porch carpet and new steps off the back of the CA room. Step inside to a wide-open, light-filled floor plan boasting sleek laminate flooring throughout - completely carpet-free. Newer cabinetry in kitchen with stainless steel refrigerator, stove and built-in microwave, and stylish countertops. Washer/dryer included. The carport has extended stanchions providing extra width for larger vehicles and the 2 sheds offers a nice amount of storage. Fully landscaped yard brings beauty and effortless outdoor enjoyment. This has one of the larger sized lots, with patio pavers, recently trimmed palm tree, plants, and room to grow your own flowers and/or vegetables while allowing you to enjoy the peace and serenity of this beachy atmosphere. PLUS, your 4-legged family member/s will have plenty of room to play in this fenced yard. The park allows 2 small pets with some size and breed restrictions. Amenities include 2 swimming pools, 2 spas, 2 clubhouses, tennis/pickleball court, mature trees, and a full calendar of social activities. Nearby you will find a bike path that you may take all the way to the beach to enjoy any number of the fantastic activities that Oceanside has to offer you and your family. Don't miss out on this darling home where coastal comfort meets unbeatable affordability!

Mortgage Calculator

Est. Monthly Payment

$2,184

Principal & Interest$1,772
Property Tax$319
Insurance$93
%($63,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Louise Foussat Elementary · grades K-5 · Oceanside Unified

  • Middle

    Jefferson Middle · grades 6-8 · Oceanside Unified

  • High

    Oceanside High · grades 9-12 · Oceanside Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules

Investment Score

78A
Est. Monthly Rent
$2,162

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

-$22
Full Cashflow

Incl. vacancy, PM, maint, capex

-$785

What would make this work?

$785/mo short at 20% down; 56% down or +$1,020/mo rent closes it.

Break-even price

32% under asking

$216,781
Break-even rent

$1,020/mo above the estimate

$3,182/mo
Cashflow at 35% down
−$453/mo
Down payment to break even

$178,640 cash

56%
Rate to break even

at 20% down

2.34%

Mortgage (P+I)
$1,772
Cap Rate
4.12%
Cash-on-Cash
-14.77%
DSCR

Need ≥ 1.25 for DSCR loan

0.99

NOI (Annual)
$13,140
Price-to-Rent

Lower = better for investors

12.3

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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ACashflow−$785/mo