2046 Oceanview

2046 Oceanview

Dbottom 20%

Oceanside, CA 92056Neighborhood: Mira Costa

$2,295,000
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 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 →

Virtual Tour

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

Principal & Interest$12,662
Property Tax$2,295
Insurance$669
%($459,000)
%
Loan Term

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 found

This Property

$4,975

vs

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

0D
Est. Monthly Rent
$4,975

8 leases of 4-bed houses within 2 mi · $5,176–$5,741

Blended 50/50 with the zip's market median ($4,573)

Monthly Cashflow

Rent − PITIA

-$10,651
Full Cashflow

Incl. vacancy, PM, maint, capex

-$13,708

What would make this work?

$13,708/mo short at 20% down; +$17,802/mo rent closes it.

Break-even price

78% under asking

$501,288
Break-even rent

$17,802/mo above the estimate

$22,777/mo
Cashflow at 35% down
−$11,334/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$12,662
Cap Rate
-0.42%
Cash-on-Cash
-35.84%
DSCR

Need ≥ 1.25 for DSCR loan

0.32

NOI (Annual)
-$9,564
Price-to-Rent

Lower = better for investors

38.4

* 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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DCashflow−$13,708/mo