
221 El Camino Real #52
Atop 10%Oceanside, CA 92058Neighborhood: San Luis Rey
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: -$467/mo full cashflow at 20% down, 7.36% rate.
Works at $217,771 (22% under asking), or at 45% down.
Rent $2,162/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,173
Year Built
1973
Days on Market
172
Property Type
Mfd/Mobile Home
HOA/mo
N/A
MLS ID
NDP2604659
This property is in Oceanside (92058). Browse neighborhood analytics →
About This Property
EXCELLENT OPPORTUNITY to reside 4 miles from the BEACH, for a very affordable price. This charming 2bed/2bath located in a 55+ land-leased community has been tastefully updated and has NO PROPERTY TAX. In addition, this lot has low space rent and is on RENT CONTROL. Win - Win! This darling home even has a "white picket fence" in the front and down one side. Enjoy the ocean breezes on the expansive covered front deck. Bright, cheerful and spacious rooms with delightful features. Dual pane windows, lovely laminate flooring in living and dining areas. Freshly painted interior walls, closets galore - coat, linen, broom, pantry. Nice stainless steel refrigerator with bottom freezer, gas cooktop, ample countertop space, recessed lights in kitchen ceiling. Both bathrooms are stylish with new vanities, faucets, and lighting plus double sinks in primary bathroom. Primary bedroom has a walk-in closet and the guest bedroom has mirrored closest doors. The sweet dining area comes with a lovely built-in china cabinet. Central A/C. 2 sheds. Fantastic paved patio area for your outdoor furniture and plenty of room to garden if you so desire. Otherwise, the rock landscaping is low maintenance and you will enjoy the fabulous possibilities. This small, pet friendly community has a wonderful clubhouse, pool, and social activities. Nearby are shopping centers with groceries stores, post office, restaurants, police and fire stations, planet fitness, starbucks and banks. Just a little further you will enjoy the scenic Oceanside Harbor, the Pier, the Strand, awesome beaches, eclectic shops and coffee houses, craft breweries and Farmer's Market, Street Fairs and year-round activites for you and your families. Oceanside is the place to be!
Mortgage Calculator
Est. Monthly Payment
$1,900
Location
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Zoned Schools
Elementary
Louise Foussat Elementary · grades K-5 · Oceanside Unified
Middle
Jefferson 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.
Comparable Properties
5 comps foundThis Property
$2,162
Comp Average
$2,320
49 Ellen Lane
3bd / 2ba · 1,230 sqft · Mfd/Mobile Home
$279K
Est. $2,950/mo
221 El Camino Real
2bd / 2ba · 960 sqft · Mfd/Mobile Home
$210K
Est. $2,162/mo
78 El Prado Lane
2bd / 2ba · 1,152 sqft · Mfd/Mobile Home
$219K
Est. $2,162/mo
221 El Camino Real
2bd / 2ba · 1,248 sqft · Mfd/Mobile Home
$249K
Est. $2,162/mo
107 Shirle Lane
2bd / 2ba · 1,152 sqft · Mfd/Mobile Home
$270K
Est. $2,162/mo
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
Zip market median for this bed count
Thin data: no closed leases like this one nearby.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$467/mo short at 20% down; 45% down or +$607/mo rent closes it.
- Break-even price
- $217,771
- Break-even rent
- $2,769/mo
- Cashflow at 35% down
- −$178/mo
- Down payment to break even
- 45%
- Rate to break even
- 4.05%
22% under asking
$607/mo above the estimate
$125,550 cash
at 20% down
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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