
276 El Camino Real #248
Atop 10%Oceanside, CA 92058Neighborhood: San Luis Rey
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: -$1,354/mo full cashflow at 20% down, 7.36% rate.
Works at $217,771 (45% under asking), or at 70% down.
Rent $2,162/mo: zip market median for this bed count.
Beds
2
Baths
2
Sqft
1,440
Year Built
1979
Days on Market
0
Property Type
Mfd/Mobile Home
HOA/mo
N/A
MLS ID
NDP2610248
This property is in Oceanside (92058). Browse neighborhood analytics →
About This Property
Start your mornings at one of the best lakefront locations, overlooking a tranquil water fountain feature—all with no property taxes! This spacious home offers uninterrupted lake views from every main living area—including the living, dining, kitchen, and family rooms. Major completed investments include a 2022 roof, rain gutters, exterior paint, an oversized expanded covered deck ($10K) built for waterfront lounging, luxury vinyl plank (LVP) flooring, mostly dual-pane windows, a Safe Step jetted walk-in tub ($14K), multiple skylights, and ceiling light/fans throughout. This residence offers 2 bedrooms, 2 bathrooms, and 1,440 estimated square feet, built in 1979. Step through the signature red front door into an expansive L-shaped living and dining room anchored by vaulted ceilings with wood beams. Natural light and clear lake views pour through three living room windows—including two oversized panes—dressed in classic plantation shutters. The adjoining dining area features a chandelier, a side window with plantation shutters, and a built-in hutch with glass cabinetry. Just beyond, the bright kitchen offers two windows overlooking the lake and oversized side porch, an eat-at bar topped by a skylight, and a walk-in pantry. It comes equipped with white Frigidaire appliances, including a 4-burner gas cooktop, dishwasher, wall oven, and a newer side-by-side refrigerator with water and ice dispenser. LVP flooring flows through the main living spaces into the comfortable family room, which features a fireplace, built-in TV alcove, shelving, cabinetry, and a built-in desk. Newer dual-pane sliding glass doors frame more lake views while opening directly onto the oversized covered porch, creating an effortless indoor-outdoor flow and a convenient secondary entrance. Down the hall, the primary bedroom includes two windows (one with a privacy awning), mirrored wardrobe doors, a ceiling light/fan, and a linen closet. The spacious ensuite primary bathroom is highlighted by a Safe Step jetted walk-in tub ($14K), alongside a separate walk-in stall shower, LVP flooring, dual sinks with a vanity area, and a water-saving dual-flush toilet. A second bedroom features a skylight, ceiling light/fan, and mirrored wardrobe doors, situated near the hallway bathroom outfitted with a walk-in shower with dual corner seats, a skylight, medicine cabinet, water-saving dual-flush toilet, and linoleum flooring. The dedicated indoor laundry room includes a built-in desk area, ample cabinetry, a small closet, a utility sink, washer, gas dryer, and linoleum flooring. Complete with central heat and A/C, a 2017 water heater, mostly dual-pane windows throughout, and a 2-car tandem carport with a floor-to-ceiling storage unit. Located in Laguna Vista Estates—a premier, 5-star gated 55+ rent-controlled community approximately 4 miles from the beach—residents enjoy resort-style amenities including a pool, spa, tennis/pickleball courts, shuffleboard, clubhouse, billiards, and a ceramics studio, alongside social events, movie nights, and holiday celebrations. *MORE PHOTOS UP NEXT WEEK*
Mortgage Calculator
Est. Monthly Payment
$2,690
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
$2,162
200 El Camino Real
2bd / 2ba · 1,440 sqft · Mfd/Mobile Home
$319K
Est. $2,162/mo
221 El Camino Real
2bd / 2ba · 1,440 sqft · Mfd/Mobile Home
$320K
Est. $2,162/mo
276 El Camino Real
2bd / 2ba · 1,440 sqft · Mfd/Mobile Home
$410K
Est. $2,162/mo
200 El Camino Real
2bd / 2ba · 1,392 sqft · Mfd/Mobile Home
$409K
Est. $2,162/mo

276 El Camino Real
2bd / 2ba · 1,536 sqft · Mfd/Mobile Home
$429K
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?
$1,354/mo short at 20% down; 70% down or +$1,758/mo rent closes it.
- Break-even price
- $217,771
- Break-even rent
- $3,920/mo
- Cashflow at 35% down
- −$945/mo
- Down payment to break even
- 70%
- Rate to break even
- Not reachable
45% under asking
$1,758/mo above the estimate
$276,500 cash
Negative even at a 0% loan
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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