2399 Ivy Road
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2399 Ivy Road

Ctop 80%

Oceanside, CA 92054Neighborhood: Fire Mountain

$2,149,000
STR closed · inland Oceanside

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$10,727/mo full cashflow at 20% down, 7.43% rate.

Works at $752,475 (65% under asking), or at 92% down.

Rent $7,505/mo from 8 leases of houses within 2 mi, same school area, size-adjusted ($6,676–$8,300).

Beds

5

Baths

3

Sqft

3,478

Year Built

1991

Days on Market

96

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2607441

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

Virtual Tour

About This Property

2399 Ivy Road presents an exceptional opportunity to own a meticulously renovated coastal estate where thoughtful design, modern comfort, and an unbeatable location come together seamlessly. Offering 3,478 square feet of beautifully finished living space with five spacious bedrooms and three full bathrooms, this turnkey residence is ideally located just 2.5 miles from the beach, placing the best of coastal Oceanside right at your doorstep. The home's open-concept floor plan is filled with natural light streaming through all-new energy-efficient windows, creating bright, inviting spaces that flow effortlessly from one room to the next. At the center of the home is a stunning chef's kitchen featuring a large island, custom cabinetry, designer finishes, and generous prep space that naturally becomes the gathering place for family and friends. Just beyond, a sun-filled breakfast nook and thoughtfully designed coffee bar create the perfect setting to begin each morning while overlooking the home's spacious living areas. A versatile main-level flex space offers endless possibilities as a private home office, study, playroom, fitness room, or guest retreat, providing the flexibility today's homeowners are looking for. Every major improvement has already been completed, including all-new windows, a new HVAC system, and carefully selected finishes throughout, allowing the next owner to simply move in and enjoy. Spacious bedrooms, beautifully renovated bathrooms, and an intelligent floor plan combine everyday functionality with timeless style. Outside, the expansive backyard provides abundant room for entertaining, outdoor dining, gardening, a future resort-style pool, or simply enjoying Southern California's year-round climate. A fully paid solar system with an integrated battery backup delivers outstanding energy efficiency, long-term savings, and added peace of mind. Ideally located near premier shopping, restaurants, parks, and convenient freeway access, the home offers exceptional connectivity while embracing the relaxed coastal lifestyle Oceanside is known for. Whether it's a morning at the beach, an afternoon exploring local restaurants, or an evening entertaining at home, everything is just minutes away. Thoughtfully renovated, exceptionally maintained, and perfectly positioned just minutes from the coast, 2399 Ivy Road delivers the space, quality, and lifestyle that define luxury coastal living.

Mortgage Calculator

Est. Monthly Payment

$14,714

Principal & Interest$11,939
Property Tax$2,149
Insurance$627
%($429,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Palmquist 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.

Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules

Investment Score

9C
Est. Monthly Rent
$7,505

8 leases of houses within 2 mi, same school area, size-adjusted · $6,676–$8,300

Monthly Cashflow

Rent − PITIA

-$7,210
Full Cashflow

Incl. vacancy, PM, maint, capex

-$10,727

What would make this work?

$10,727/mo short at 20% down; 92% down or +$13,931/mo rent closes it.

Break-even price

65% under asking

$752,475
Break-even rent

$13,931/mo above the estimate

$21,436/mo
Cashflow at 35% down
−$8,488/mo
Down payment to break even

$1,977,080 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$11,939
Cap Rate
0.89%
Cash-on-Cash
-29.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.51

NOI (Annual)
$19,047
Price-to-Rent

Lower = better for investors

23.9

* Modelled at 20% down, 7.43% 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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CCashflow−$10,727/mo