355 Cleveland Street
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355 Cleveland Street

D

Oceanside, CA 92056

$749,900
NEW — 1d

Beds

1

Baths

1

Sqft

771

Year Built

2020

Days on Market

1

Property Type

Condo

HOA/mo

$783

MLS ID

260009962SD

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

Virtual Tour

About This Property

Welcome To SALT. This distinctive condominium, just two blocks from the beach, has a light and airy open floor plan. Enjoy Ocean breezes and views from your private deck. European-style kitchen cabinets with quartz countertops and GE GAS appliances await you. The 6-year-old home has new window treatments, a new Samsung Full-Size Washer/Dryer, new carpet and pad, and new Closet Organizers in the walk-in closet. SALT is in the heart of Downtown Oceanside, 2 blocks from the pier and beach. Walkable to shopping, culinary venues, gastropubs, entertainment, and local events. The Amtrak Station is 3 blocks south. We have a 94% walkability rate! The amenities include a rooftop lounge, clubhouse, game area, fire-pit for gathering, BBQ grills, bike storage & repair shop, surfboard, beach gear storage & shower, sunset lanai, resident lounge, conference room, EV & bike charging stations. The parking structure is double gated for security as well.

Mortgage Calculator

Est. Monthly Payment

$5,544

Principal & Interest$3,792
Property Tax$750
Insurance$219
HOA$783
%($149,980)
%

Location

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Investment Score

4D
Est. Monthly Rent
$2,046
Monthly Cashflow

Rent − PITIA

$-3,498
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,593

Mortgage (P+I)
$3,792
Cap Rate
-1.28%
Cash-on-Cash
-36.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.37
Break-even Rent
$8,011

NOI (Annual)
$-9,617
Price-to-Rent

Lower = better for investors

30.5

* 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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