3424 Cameo Drive
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3424 Cameo Drive #46

B

Oceanside, CA 92056

$599,000
NEW — 0d

Soft Appraisal Value: $525,800 · 13.9% above estimate

Beds

2

Baths

2

Sqft

846

Year Built

1990

Days on Market

0

Property Type

Condo

HOA/mo

$440

MLS ID

NDP2605669

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

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About This Property

Step into coastal comfort in this newly upgraded condo nestled within the coveted community of Lomas De Oro. Perched upstairs on the corner, this home feels bright, open, and refreshed thanks to a full list of brand-new upgrades—LVP flooring, quartz countertops, new HVAC and water heater, fresh paint, stainless steel kitchen sink, updated fixtures, and more. This home has an open layout and offers two private balconies perfect for enjoying ocean breezes, plus a cozy fireplace and elegant French doors. Residents enjoy a one-car detached garage, one reserved parking space, and community amenities including a pool, spa, playground, and nearby hiking trails. All of this just minutes from the beach, Oceanside’s vibrant downtown area, MiraCosta College, Carlsbad Village, Camp Pendleton, along with countless shops, restaurants, and activities. VA/FHA approved. Seller has a 2.875% assumable VA loan with an approximate $321K remaining loan balance.

Mortgage Calculator

Est. Monthly Payment

$4,243

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$440
%($119,800)
%

Location

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Investment Score

35C
Est. Monthly Rent
$2,892
Monthly Cashflow

Rent − PITIA

$-1,351
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,515

Mortgage (P+I)
$3,029
Cap Rate
1.03%
Cash-on-Cash
-25.19%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$6,158

NOI (Annual)
$6,164
Price-to-Rent

Lower = better for investors

17.3

* 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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