3369 Tournament Drive

3369 Tournament Drive

D

Oceanside, CA 92056

$1,299,000
NEW — 3d on market

Beds

5

Baths

3

Sqft

2,318

Year Built

1989

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603174

Description

Welcome to the Pacific Views neighborhood, one of Oceanside's best kept secrets! This spacious 5-bedroom, 3-bath residence offers an ideal layout, including a convenient downstairs bedroom and full bath—perfect for guests or multigenerational living. Situated on a generous lot, this lovely home boasts open backyard views with added privacy, as the homes behind sit at a lower elevation. Fully paid-off solar adds efficiency and long-term savings. Step inside to soaring vaulted ceilings that create a bright, airy atmosphere. The downstairs features continuous flooring throughout, leading into an open-concept kitchen that flows into the family room and connects directly to the dining area—perfect for entertaining. A cozy breakfast nook overlooks the lush backyard, offering a peaceful place to start your day. Upstairs, you’ll find four additional bedrooms, including a spacious primary suite with flooring, a walk-in closet, and beautiful views. The front bedroom is generously sized, these remaining bedrooms feature brand-new carpet. The expansive backyard is designed for outdoor living, with a wraparound patio offering plenty of space for gatherings, relaxation, and enjoying the Southern California lifestyle. Fruit trees include orange, peach, nectarine & avocado! Additional highlights include air conditioning and a rare 3-car garage. Ideally located near the scenic fairways of El Camino Country Club and less than 5 miles from the Pacific Ocean and its beaches. Enjoy easy freeway access and close proximity to shopping, dining, theaters, coffee shops, Trader Joe's and medical facilities. Nearby attractions include Lake Calavera Preserve with its hiking trails, the Oceanside Harbor & Pier with it's wide array of restaurants & boating facilities. NO HOA or MELLO ROOS!

Mortgage Calculator

Est. Monthly Payment

$8,246

Principal & Interest$6,568
Property Tax$1,299
Insurance$379
%($259,800)
%

Investment Score

4D
Est. Monthly Rent
$5,382
Monthly Cashflow

Rent − PITIA

$-2,864
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,185

Mortgage (P+I)
$6,568
Cap Rate
1.28%
Cash-on-Cash
-23.95%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$12,116

NOI (Annual)
$16,604
Price-to-Rent

Lower = better for investors

20.1

* 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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