256 Larkspur
1 / 12

256 Larkspur

Ctop 80%

Oceanside, CA 92057Neighborhood: Oceana

$549,900
STR closed · inland Oceanside

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: -$2,710/mo full cashflow at 20% down, 7.36% rate.

Works at $195,226 (64% under asking), or at 92% down.

Rent $2,626/mo from 20 leases of studio–2 bed condos & townhomes within 2 mi ($2,425–$2,823).

Beds

1

Baths

1.5

Sqft

859

Year Built

2026

Days on Market

58

Property Type

Condo

HOA/mo

$530

MLS ID

260022549SD

This property is in Oceanside (92057). Browse neighborhood analytics →

About This Property

This new three-story townhome is designed for modern lifestyles. The main living area can be found on the second level among an open-concept floorplan shared between a kitchen and inviting Great Room. The luxurious owner’s suite makes up the third floor, complete with a spa-inspired bathroom and generous walk-in closet. A single-bay garage on the first level is ready for any parking or storage needs. OceanPointe is a new community offering brand-new, townhome-style condominium homes, now selling in Oceanside, CA. The community features a prime location just a short drive from the beach, has no Mello-Roos and features the only newly constructed homes in this area of Oceanside. Residents will enjoy access to onsite amenities, including a recreation area with a pool, tot lot and dog parks. The local area offers ample outdoor recreation with nearby sport fields, hiking trails and pristine local beaches. Proximity to local freeways offers simple commutes and travel, and there are several local shopping centers nearby. Photos or renderings may be of the Model Home and not the actual home.

Mortgage Calculator

Est. Monthly Payment

$4,274

Principal & Interest$3,034
Property Tax$550
Insurance$160
HOA$530
%($109,980)
%
Loan Term

Location

Loading map...

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
$2,626

20 leases of studio–2 bed condos & townhomes within 2 mi · $2,425–$2,823

Monthly Cashflow

Rent − PITIA

-$1,648
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,710

What would make this work?

$2,710/mo short at 20% down; 92% down or +$3,520/mo rent closes it.

Break-even price

64% under asking

$195,226
Break-even rent

$3,520/mo above the estimate

$6,146/mo
Cashflow at 35% down
−$2,141/mo
Down payment to break even

$505,908 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,034
Cap Rate
0.99%
Cash-on-Cash
-29.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.61

NOI (Annual)
$5,462
Price-to-Rent

Lower = better for investors

17.5

* 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.

Open Full Calculator
CCashflow−$2,710/mo