3617 Esplanade Street
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3617 Esplanade Street

D

Oceanside, CA 92056

$1,149,000
NEW — 2d

Beds

6

Baths

3

Sqft

2,400

Year Built

1968

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603757

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

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About This Property

POOL HOME WITH 2 BEDROOM 1 BATH ADU! This property offers the perfect blend of space, comfort, and opportunity. Featuring a spacious 4-bedroom, 2-bathroom main home along with a fully equipped 2-bedroom ADU with its own bathroom, it’s ideal for multi-generational living or rental income. The home does need a bit of TLC, but with some updates and vision, it has the potential to be worth significantly more. Enjoy sunny days by the pool and take advantage of the expansive backyard, perfect for entertaining or relaxing. A 2-car garage provides ample parking and storage, while the home’s location within top-rated Carlsbad schools makes it especially appealing. Situated close to shopping, dining, beaches, and major freeways, this property is a fantastic opportunity to create your dream home or invest in added value.

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Est. Monthly Payment

$7,294

Principal & Interest$5,810
Property Tax$1,149
Insurance$335
%($229,800)
%

Location

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Investment Score

7D
Est. Monthly Rent
$4,022
Monthly Cashflow

Rent − PITIA

$-3,272
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,155

Mortgage (P+I)
$5,810
Cap Rate
0.68%
Cash-on-Cash
-26.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$10,716

NOI (Annual)
$7,865
Price-to-Rent

Lower = better for investors

23.8

* 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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