212 Pacific Street
1 / 20

212 Pacific Street

D

Oceanside, CA 92054

$5,798,000
NEW — 2d

Beds

Baths

Sqft

5,250

Year Built

2025

Days on Market

2

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

NDP2603804

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

Virtual Tour

About This Property

Panoramic white-water views set the stage at this brand-new modern beach property on Oceanside’s iconic Pacific Street. Just steps from the sand, this listing includes two newly completed residences in a striking duplex—each with its own utilities and legal parcel number. Don’t miss the rare opportunity to purchase both homes and own the entire building, offering the flexibility for investment or multigenerational living. The property is comprised of 212 S Pacific - a 4-bedroom + bonus room/office, 2.5-bath home offering 2,600 sq ft of light-filled space with clean modern finishes throughout. And 214 S Pacific - the top floor home with 5-bedrooms, 2.5-baths and 2,650 sq ft of living space. The open-concept main living areas flows directly to spacious ocean-facing decks—perfect for dining al fresco, watching surfers skim the waves, and taking in the unforgettable sunsets. The oversized primary suites include a retreat area, walk-in closet, and private balcony. Each unit has a 1-car garage plus tandem covered parking, ductless A/C throughout, and a west facing ground level patio, with ocean views of course! Enjoy effortless access to the beach right across the street, bring your surfboards and boogie boards! Ideally located just two blocks to the Oceanside Pier and within walking distance to the city's best restaurants, rooftop bars, cafes, and the weekly farmers market. With prime beach access and short-term rental potential, this property offers both an exceptional lifestyle and investment opportunity. Own a piece of the coast on one of Southern California’s most desirable beachside streets.

Mortgage Calculator

Est. Monthly Payment

$36,807

Principal & Interest$29,318
Property Tax$5,798
Insurance$1,691
%($1,159,600)
%

Location

Loading map...

Comparable Properties

2 comps found

This Property

$5,630

vs

Comp Average

$7,082

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$5,630
Monthly Cashflow

Rent − PITIA

$-31,177
Full Cashflow

Incl. vacancy, PM, maint, capex

$-37,303

Mortgage (P+I)
$29,318
Cap Rate
-1.65%
Cash-on-Cash
-38.60%
DSCR

Need ≥ 1.25 for DSCR loan

0.15
Break-even Rent
$54,076

NOI (Annual)
$-95,827
Price-to-Rent

Lower = better for investors

85.8

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

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

Get Expert AnalysisOpen Full Calculator