3365 Genoa Way

3365 Genoa Way

D

Oceanside, CA 92056

$699,000

Beds

2

Baths

2

Sqft

1,334

Year Built

1991

Days on Market

32

Property Type

Condo

HOA/mo

$446

MLS ID

NDP2600954

Description

Located in the gated 55+ community of Villa Trieste in Oceanside, this ground-level condo offers easy, single-level living with gorgeous French patio doors in both the kitchen nook and living room, opening to private patios and allowing you to fully enjoy the beautiful San Diego lifestyle. The unit includes one detached garage plus one uncovered parking space. This home is truly move-in ready and thoughtfully updated for comfort, safety, and peace of mind with over 90k in recent updates. The seller focused on major systems first, making this an ideal low-maintenance home for the next owner. Major upgrades include a full plumbing repipe for hot and cold water with transferable warranty, a new premium SEI HVAC system with transferable warranty, a new Rheem water heater, and the HOA roof special assessment paid in full. Inside, the home has been refreshed from top to bottom. The entire interior has been newly painted and updated with new luxury vinyl plank flooring in the living room and hallway, along with baseboards for a clean, modern look. Ceramic tile upgrades were added to the exterior entry, both patios, bathrooms, and laundry room. The primary bathroom has been remodeled with new tile and finishes, while the second bathroom received updated vanity work and re-grouting. Additional improvements include new lighting, new door and cabinet hardware, custom high-end plantation shutters, new window coverings, and a TV mount with electrical connection. The kitchen has been upgraded with new countertops, sink, faucet, disposal, and a remodeled ceiling with recessed lighting. Appliances include a Bosch dishwasher, Frigidaire stove and oven, Whirlpool microwave with built-in exhaust, and a Samsung 36-inch French-door refrigerator with beverage center, many with extended warranties. Practical upgrades continue throughout the home with new gas line connections for the stove and dryer, a quick-disconnect exterior BBQ gas line, new washer and dryer, new patio hose bibs, an invisible screen front door, and living room window repairs. Villa Trieste is a well-maintained, gated 55+ community known for its great amenities, friendly neighborhood feel, and convenient Oceanside location close to shopping, dining, and coastal access. This is a great opportunity to own a ground-level condo where the major upgrades have already been completed and outdoor living can be enjoyed year-round.

Mortgage Calculator

Est. Monthly Payment

$4,883

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$446
%($139,800)
%

Investment Score

3D
Est. Monthly Rent
$2,909
Monthly Cashflow

Rent − PITI − HOA

$-1,975
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,226

Mortgage (P+I)
$3,535
Cap Rate
0.53%
Cash-on-Cash
-16.95%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$4,884

NOI (Annual)
$3,701
Price-to-Rent

Lower = better for investors

20.0

* 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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