2245 Ivy Road
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2245 Ivy Road

D

Oceanside, CA 92054

$1,275,000

Beds

2

Baths

1.5

Sqft

964

Year Built

1940

Days on Market

18

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602843

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

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About This Property

Endless Possibilities with Peak Ocean Views in Coastal Oceanside Back on the market through no fault of the seller. Rare Oceanside ocean view property offering 1.69 acres across two parcels in a prime coastal location. This unique large lot property features peak ocean views, incredible versatility, and convenient access to the beach, freeway, and major commuter routes—making it a standout opportunity for dreamers, investors, developers, and end users alike. Whether you’re searching for a coastal development opportunity, fixer property, contractor special, or the perfect site to build your dream home, this property delivers a rare canvas in one of North County San Diego’s most sought-after areas. The property includes two existing residential structures (currently not livable), a large garage/workshop, and expansive yard space—ideal for a live/work setup, home-based business, or storage for equipment, vehicles, and materials. With its size and layout, the property may offer potential for custom home builds, multi-generational living, or ADU opportunities (buyer to verify). Located in Oceanside’s rapidly growing coastal corridor, you’ll enjoy proximity to Oceanside beaches, coastal dining, shopping, and lifestyle amenities, while still benefiting from quick freeway access for commuting. This property is also being presented as Ocean Ivy Estates, a proposed four-home custom development opportunity. Preliminary architectural, structural, and civil plans are available, providing a strong starting point for those looking to develop or invest in coastal real estate. Whether you plan to build, renovate, develop, or hold, opportunities like this—with land, ocean views, and location—are increasingly rare in Oceanside. Development Opportunity Disclosure: Buyer to verify all aspects of development potential including zoning, subdivision, permitting, ADU potential, and approvals with the City of Oceanside. All plans, renderings, and concepts are for illustrative purposes only and not guaranteed. Buyer to conduct their own due diligence.

Mortgage Calculator

Est. Monthly Payment

$8,094

Principal & Interest$6,447
Property Tax$1,275
Insurance$372
%($255,000)
%

Location

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Investment Score

2D
Est. Monthly Rent
$4,246
Monthly Cashflow

Rent − PITIA

$-3,848
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,887

Mortgage (P+I)
$6,447
Cap Rate
0.53%
Cash-on-Cash
-27.70%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$11,892

NOI (Annual)
$6,719
Price-to-Rent

Lower = better for investors

25.0

* 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.

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