208 Pacific Street

208 Pacific Street

D

Oceanside, CA 92054

$4,495,000
NEW — 5d on market

Beds

4

Baths

3

Sqft

3,300

Year Built

1985

Days on Market

5

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2601860

Description

This dreamy beach house is the one you have been waiting for — showcasing breathtaking, unobstructed white-water ocean views along one of Oceanside’s most sought-after stretches of sand. Perfectly positioned just steps to the beach and only two blocks to the iconic Oceanside Pier, this is true coastal living with walkability to everything. Designed with a flexible floor plan, the home lives beautifully as a single expansive residence or as two distinct units. The lower level can function as a fully self-contained retreat with its own kitchen, living room, two bedrooms, and full bathroom, ideal for guests, multigenerational living, or income potential. Two separate staircases provide privacy and convenience, with potential space to install a future elevator if desired. Upstairs, the main living and dining areas capture sit-down ocean views that immediately draw you in. Large windows invite in natural light and sea breezes, while the spacious deck becomes an extension of your living space, the perfect setting for sunset dinners, morning coffee, and soaking in the rhythm of the waves below. An expansive primary suite enjoys access to an ocean view balcony, a quiet spot for morning coffee and fresh ocean air. For those looking to elevate the experience even further, the property includes plans for a future rooftop deck, an incredible opportunity to expand your outdoor living space and take advantage of even more panoramic coastline views. The home blends timeless architectural character with meaningful upgrades, including travertine flooring, new modern light fixtures, central A/C, new exterior paint, and an attached two-car garage. The front yard and patio offer exceptional curb appeal and a welcoming first impression for guests. With no HOA, completely detached living, easy beach access directly across the street, and downtown Oceanside’s vibrant dining, coffee shops, breweries, and boutiques just steps away, this is a rare opportunity to own a versatile beach property in the heart of it all.

Mortgage Calculator

Est. Monthly Payment

$28,535

Principal & Interest$22,729
Property Tax$4,495
Insurance$1,311
%($899,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$6,854
Monthly Cashflow

Rent − PITI − HOA

$-21,681
Full Cashflow

Incl. vacancy, PM, maint, capex

$-27,003

Mortgage (P+I)
$22,729
Cap Rate
-1.14%
Cash-on-Cash
-28.94%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$28,535

NOI (Annual)
$-51,291
Price-to-Rent

Lower = better for investors

54.7

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

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