241 Del Mesa Street
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241 Del Mesa Street

Ctop 80%

Oceanside, CA 92058Neighborhood: North Valley

$914,900
STR closed · inland Oceanside

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$3,751/mo full cashflow at 20% down, 7.36% rate.

Works at $424,024 (54% under asking), or at 80% down.

Rent $4,253/mo from 16 leases of 4-bed houses within 2 mi ($4,173–$4,555).

Beds

4

Baths

2

Sqft

2,067

Year Built

1999

Days on Market

238

Property Type

Single Family

HOA/mo

$34

MLS ID

NDP2602447

This property is in Oceanside (92058). Browse neighborhood analytics →

Virtual Tour

About This Property

HUGE PRICE REDUCTION. You are not going to find a home this large with Solar Panels and beautifully maintained at this price. Welcome to 241 Del Mesa Street. This beautiful single story home is ready for its new owners. 2067 sq feet of easy living. Double pane windows, laminate flooring in main living areas and carpet in the bedrooms. This home also has Solar which is approximately 6 years old. The solar is owned. HVAC is also approximately 6 years old. Enter into a formal living room and dining. The kitchen features upgraded oven, stove & dishwasher (Bosch) all less than two years old. Granite countertops, and Island. Kitchen overlooks the family room with gas fireplace. The sliding glass doors off the kitchen lead you to a low maintenance back yard. Master bedroom suite has double doors, vaulted ceiling and oversized walk in closet. This home also offers two additional bedrooms and an office Home is located near several parks, Camp Pendleton, shopping and public transportation. Easy access to the beach and freeway.

Mortgage Calculator

Est. Monthly Payment

$6,263

Principal & Interest$5,048
Property Tax$915
Insurance$267
HOA$34
%($182,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Louise Foussat Elementary · grades K-5 · Oceanside Unified

  • Middle

    Martin Luther King Jr. Middle · grades 6-8 · Oceanside Unified

  • High

    El Camino 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

33C
Est. Monthly Rent
$4,253

16 leases of 4-bed houses within 2 mi · $4,173–$4,555

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$2,011
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,751

What would make this work?

$3,751/mo short at 20% down; 80% down or +$4,872/mo rent closes it.

Break-even price

54% under asking

$424,024
Break-even rent

$4,872/mo above the estimate

$9,125/mo
Cashflow at 35% down
−$2,805/mo
Down payment to break even

$731,920 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,048
Cap Rate
1.98%
Cash-on-Cash
-24.60%
DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)
$18,110
Price-to-Rent

Lower = better for investors

17.9

* 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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CCashflow−$3,751/mo