
2821 Macdonald
Ctop 80%Oceanside, CA 92054Neighborhood: Loma Alta
9 licensed short-term rentals within ½ mile (9 whole home), from the cities' license and permit lists of Nov 5, 2026.
Pass at asking: -$4,346/mo full cashflow at 20% down, 7.43% rate.
Works at $419,096 (57% under asking), or at 84% down.
Rent $4,180/mo from 12 leases of 3-bed houses within 2 mi ($3,821–$4,538).
Beds
3
Baths
2
Sqft
1,196
Year Built
1966
Days on Market
45
Property Type
Single Family
HOA/mo
N/A
MLS ID
260022949SD
This property is in Oceanside (92054). View neighborhood stats →
About This Property
Welcome to this stunningly remodeled gem in the desirable Historic Loma Alta neighborhood of Oceanside, a prime location blending quiet residential charm with easy access to coastal living. This 3-bedroom,2-bath home has been expertly divided into two fully independent,modern units: a generous 2-bedroom main residence and a chic studio ADU-perfect for AirBnB, each with its own private entrance. Seamlessly convertible back to a single-family home if desired, the property offers exceptional flexibility for multi-generational living, extended family visits, or strong investment potential. Both units feature fresh, contemporary upgrades throughout, including sleek new kitchens with modern appliances, beautifully updated bathrooms, luxury flooring, and stylish fixtures. The spacious main house provides an inviting open layout perfect for a couple or small family, while the fully furnished studio is ideal for generating rental income, serving as a guest suite, private office, or in-law quarters. Step outside to your private backyard oasis: a sparkling pool and expansive deck await for year-round relaxation and entertaining under the California sun. This turnkey property is perfectly positioned in vibrant Oceanside, just minutes from pristine beaches, the iconic pier, downtown dining and shopping, scenic Buddy Todd Park with its open fields and recreational amenities, quick I-5 access, and convenient entry to Camp Pendleton’s gates. Enjoy the best of coastal living with surfing, community events, and everyday conveniences right at your doorstep. Schedule your private tour today!
Mortgage Calculator
Est. Monthly Payment
$6,744
Location
Loading map...
Zoned Schools
Elementary
Mission 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.
Comparable Properties
5 comps foundThis Property
$4,180
Comp Average
$4,657
2250 Oceanside
3bd / 2ba · 1,188 sqft · Single Family
$849K
Est. $4,635/mo
133 Cregar Street
3bd / 2ba · 1,456 sqft · Single Family
$949K
Est. $4,318/mo
1706 California Street
2bd / 1ba · 912 sqft · Single Family
$989K
Est. $4,181/mo

913 Vine Street
3bd / 2.5ba · 1,460 sqft · Single Family
$1.10M
Est. $4,871/mo
1504 Valencia Street
3bd / 2ba · 1,414 sqft · Single Family
$1.50M
Est. $5,282/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
12 leases of 3-bed houses within 2 mi · $3,821–$4,538
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,346/mo short at 20% down; 84% down or +$5,645/mo rent closes it.
- Break-even price
- $419,096
- Break-even rent
- $9,825/mo
- Cashflow at 35% down
- −$3,320/mo
- Down payment to break even
- 84%
- Rate to break even
- Not reachable
57% under asking
$5,645/mo above the estimate
$827,400 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
Open Full Calculator