3124 Morningside Drive
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3124 Morningside Drive

B

Oceanside, CA 92056

$899,000
NEW — 0d

Soft Appraisal Value: $891,300 · 0.9% above estimate

Beds

4

Baths

2

Sqft

1,356

Year Built

1966

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605591

This property is in Oceanside (92056). View neighborhood stats →

Virtual Tour

About This Property

Welcome to 3124 Morningside Drive, Oceanside — Where Every Day Feels Like a Retreat. This stunning single-story, turn-key home offers the perfect blend of comfortable living and resort-style outdoor space on one of Oceanside's most coveted premium private lots. No HOA means no restrictions, no fees, and the freedom to truly make it your own. Inside, the open floor plan creates a seamless flow between living spaces, filled with natural light and designed for both everyday living and effortless entertaining. The updated kitchen is the heart of the home, offering modern finishes and functionality that any home chef will appreciate. With 4 bedrooms, 2 bathrooms, whole house water filter, paid solar all on one level, everything you need is right at your fingertips — including the benefit of low energy costs. Step outside and prepare to be amazed. The expansive lot offers endless possibilities — including room to add an ADU for additional income, multigenerational living, or a private guest retreat. The backyard is a true tropical oasis — lush with towering banana trees, mature palms, and vibrant exotic landscaping that creates an unmatched sense of privacy and serenity. A beautifully crafted wooden bridge spans a tranquil koi pond surrounded by natural stone, creating a one-of-a-kind outdoor living experience you simply won't find anywhere else. As the sun sets, the magic continues with enchanting string lights illuminating winding pathways and the glowing koi pond, turning the yard into an evening escape unlike anything else on the market. Whether you're hosting guests, gardening, or simply unwinding after a long day, this yard delivers magic at every turn. Properties like this — truly turn-key, on a large private lot with this much potential — rarely come to market. Don't miss your opportunity to own this Oceanside gem.

Mortgage Calculator

Est. Monthly Payment

$5,707

Principal & Interest$4,546
Property Tax$899
Insurance$262
%($179,800)
%

Location

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Investment Score

37C
Est. Monthly Rent
$4,179
Monthly Cashflow

Rent − PITIA

$-1,528
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,238

Mortgage (P+I)
$4,546
Cap Rate
1.75%
Cash-on-Cash
-21.61%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$8,384

NOI (Annual)
$15,692
Price-to-Rent

Lower = better for investors

17.9

* 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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