3525 Paseo De Elenita
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3525 Paseo De Elenita #171

C

Oceanside, CA 92056

$550,000
NEW — 1d

Soft Appraisal Value: $546,400 · 0.7% above estimate

Beds

2

Baths

2

Sqft

1,093

Year Built

1989

Days on Market

1

Property Type

Condo

HOA/mo

$537

MLS ID

NDP2604666

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

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About This Property

Highly desirable ground floor condo(no stairs) in the resort-like community of Vista Way Village. Get beach close at a great price with this nicely updated home. Brand new paint and waterproof wood flooring welcome you to a functional floorplan with the 2 bedrooms on opposite sides for added privacy. Enjoy outdoor living on your roomy patio which is much more sheltered than others nearby. Granite counters in the kitchen and baths, ceiling fans where you need them, and dual pane windows, something you'll appreciate right away as they let in the ocean breezes each afternoon! Your assigned parking space is nearby and you get a 1 car garage too. Having no stairs, make moving day and grocery shopping no longer a chore. Vista Way Village has 2 gated entrances with 2 swimming pools and spas, gym, tennis and basketball, playground, and dog run. This building's location also benefits from nearby guest parking spaces...the most in the community!! EZ commuting via Hwy 78, I-5, El Camino, and just a few miles to the beach. Close to shopping like Trader Joes, Winco, Sprouts, and The Shoppes at Carlsbad.

Mortgage Calculator

Est. Monthly Payment

$4,029

Principal & Interest$2,781
Property Tax$550
Insurance$160
HOA$537
%($110,000)
%

Location

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Investment Score

36C
Est. Monthly Rent
$2,794
Monthly Cashflow

Rent − PITIA

$-1,234
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,335

Mortgage (P+I)
$2,781
Cap Rate
0.97%
Cash-on-Cash
-25.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$5,827

NOI (Annual)
$5,353
Price-to-Rent

Lower = better for investors

16.4

* 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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