212 Pacific Street

212 Pacific Street

Dbottom 20%

Oceanside, CA 92054Neighborhood: Townsite

$2,860,000
NEW — 0d
STR: check · HOA rules unknown · TOT 10%

197 licensed short-term rentals within ½ mile (197 whole home), from the cities' license and permit lists of Nov 5, 2026.

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$17,669/mo full cashflow at 20% down, 7.49% rate.

Works at $569,224 (80% under asking); even all cash loses money at asking.

Rent $5,702/mo from 11 leases of 3–5 bed condos & townhomes within 1 mi ($5,482–$6,839).

Beds

4

Baths

2.5

Sqft

2,600

Year Built

2025

Days on Market

0

Property Type

Townhouse

HOA/mo

N/A

MLS ID

260026367SD

This property is in Oceanside (92054). View neighborhood stats →

About This Property

Enjoy panoramic white-water views from this newly completed modern beach home on Oceanside’s iconic Pacific Street, just steps from the sand. The light-filled home offers 4 bedrooms, a bonus room or office, 2.5 baths, and approximately 2,600 sq. ft. of open living space. The large main living area opens to a spacious ocean-facing deck, ideal for outdoor dining and sunset views. The oversized primary suite features a sitting room and private balcony. Additional highlights include a paid-off solar system, ductless A/C throughout, a one-car garage, and 1 tandem covered parking, and a west-facing ground-level patio with ocean views. The beach is just across the street, and the Oceanside Pier, restaurants, gastropubs, rooftop bars, and weekly farmers market are within walking distance. The Amtrak Station is also nearby, offering convenient rail access to San Diego for Padres games. This is one of two residences in this striking new duplex; this home has its own utilities and legal parcel number. Purchase individually or explore the rare opportunity to acquire both residences and the entire building for investment or multigenerational living. A maintenance agreement will be created if purchased separately. Buyer to verify any intended rental use and related requirements. Professional photography forthcoming.

Mortgage Calculator

Est. Monthly Payment

$19,677

Principal & Interest$15,982
Property Tax$2,860
Insurance$834
%($572,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    South Oceanside Elementary · grades K-5 · Oceanside Unified

  • Middle

    Lincoln 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.

Investment Score

0D
Est. Monthly Rent
$5,702

11 leases of 3–5 bed condos & townhomes within 1 mi · $5,482–$6,839

Blended 50/50 with the zip's market median ($5,608)

Monthly Cashflow

Rent − PITIA

-$13,974
Full Cashflow

Incl. vacancy, PM, maint, capex

-$17,669

What would make this work?

$17,669/mo short at 20% down; +$22,947/mo rent closes it.

Break-even price

80% under asking

$569,224
Break-even rent

$22,947/mo above the estimate

$28,649/mo
Cashflow at 35% down
−$14,672/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)
$15,982
Cap Rate
-0.59%
Cash-on-Cash
-37.07%
DSCR

Need ≥ 1.25 for DSCR loan

0.29

NOI (Annual)
-$16,820
Price-to-Rent

Lower = better for investors

41.8

* Modelled at 20% down, 7.49% 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−$17,669/mo