2046 Oceanview
Dbottom 20%Oceanside, CA 92056Neighborhood: Mira Costa
2 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$13,708/mo full cashflow at 20% down, 7.36% rate.
Works at $501,288 (78% under asking); even all cash loses money at asking.
Rent $4,975/mo from 8 leases of 4-bed houses within 2 mi ($5,176–$5,741).
Beds
4
Baths
4
Sqft
2,479
Year Built
2022
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2610220
This property is in Oceanside (92056). View neighborhood stats →
About This Property
Extraordinary Custom Home On A Large View Lot In Henie Hills. There Is A Fully Approved Lot Split Map Ready To Record Creating a 2.25 Acre Parcel And The Home With 1.5 Acres. There Is Room For A Pool And ADU On The 1.5 Acre Lot Just Below The Home. The View Deck Creates a Huge Covered Patio Below. This Amazing Spot For Entertaining Includes Heaters In The Covered Patio Ceiling And Glass Doors That Slide Over To Create A Full Open Wall Into The Living Room Adjacent To The Incredibly Large Kitchen. Master And One Other Spacious Bedroom On The Lower Level That Also Includes 2 Full Baths. There Is Parking On Both Levels Of The Home For Accessibility Without Using Stairs. Upstairs Is The Garage 2 Bedroom Suites With Full Baths, A Family Room And A 2 Car Garage. There Are Also 3 Parking Spots Outside The Fence Off The Street And The Lower level Parking Mentioned. You Can See For Miles. This Property Is Truly Special. 50 Year Metal Roof With Solar Panels, 400 Amp Electrical Panel For Significant Potential Expansion. Zoning Allows 3 Structures on Each Lot. Fully Fire Sprinklers. First Showing At Open House 1-4 November 14th.
Mortgage Calculator
Est. Monthly Payment
$15,626
Location
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Zoned Schools
Elementary
Palmquist Elementary · grades K-5 · Oceanside Unified
Middle
Martin Luther King Jr. Middle · grades 6-8 · Oceanside Unified
High
El Camino 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.
Comparable Properties
1 comp foundThis Property
$4,975
Comp Average
$5,546
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules
Investment Score
8 leases of 4-bed houses within 2 mi · $5,176–$5,741
Blended 50/50 with the zip's market median ($4,573)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$13,708/mo short at 20% down; +$17,802/mo rent closes it.
- Break-even price
- $501,288
- Break-even rent
- $22,777/mo
- Cashflow at 35% down
- −$11,334/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
78% under asking
$17,802/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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