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311 Eaton Street

C

Oceanside, CA 92054

$1,649,000
NEW — 0d

Soft Appraisal Value: $1,598,500 · 3.2% above estimate

Beds

2

Baths

1

Sqft

904

Year Built

1952

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606693

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

About This Property

Coastal charm meets the ultimate South Oceanside lifestyle! Nestled in the highly sought-after St. Malo Terrace neighborhood, this beautifully maintained single-story coastal home sits on a desirable corner lot just west of Coast Highway and only a short stroll to Buccaneer Beach. Offering 2 bedrooms, 1 bathroom, and approximately 904 square feet of living space, this home blends timeless character with thoughtful updates. The inviting living room is centered around a stunning stone fireplace and features a newer mini-split heating and air conditioning system installed approximately one year ago for year-round comfort. Solar provides added energy efficiency, and the garage features a newer roof completed approximately one year ago. A detached shed offers the perfect space for an art studio, hobby room, workshop, home office, or extra storage. The property also offers RV parking or additional off-street parking for two vehicles, a rare convenience in this coveted beach community. Enjoy the spacious corner lot, coastal breezes, and an unbeatable location just moments from the sand. Walk to Buccaneer Beach, St. Malo Beach, Tanner's Prime Burgers, South O Brewing, local coffee shops, restaurants, boutiques, parks, and everything that makes South Oceanside one of North County's most desirable coastal communities. Whether you're looking for a full-time residence, weekend beach retreat, or investment opportunity, this home offers an incredible opportunity. The City of Oceanside has adopted zoning changes that may provide future development potential in this area, build up and Oceanviews!!creating additional long-term value. Buyer to verify all zoning, land use, and development possibilities with the City of Oceanside. Experience the relaxed coastal lifestyle that makes South O so special and come see why this is one of the most desirable places to call home.

Mortgage Calculator

Est. Monthly Payment

$10,468

Principal & Interest$8,338
Property Tax$1,649
Insurance$481
%($329,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,801
Monthly Cashflow

Rent − PITIA

$-6,667
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,916

Mortgage (P+I)
$8,338
Cap Rate
-0.42%
Cash-on-Cash
-32.44%
DSCR

Need ≥ 1.25 for DSCR loan

0.36
Break-even Rent
$15,380

NOI (Annual)
$-6,929
Price-to-Rent

Lower = better for investors

36.2

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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