3619 FRENZEL Circles

3619 FRENZEL Circles

Atop 10%

Oceanside, CA 92056Neighborhood: Mira Costa

$529,900
NEW — 1d
STR closed · inland Oceanside

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 14, 2026.

Pass at asking: -$1,665/mo full cashflow at 20% down, 7.36% rate.

Works at $312,043 (41% under asking), or at 66% down.

Rent $3,097/mo from 17 leases of 1–3 bed houses within 2 mi ($2,640–$3,246).

Beds

2

Baths

1

Sqft

827

Year Built

1972

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2610282

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

About This Property

Welcome to 3619 Frenzel Circle, ideally situated at the pinnacle of the highly desirable Costa Serena 55+ community! Nestled at the end of a peaceful cul-de-sac, this beautifully updated 2-bedroom, 1-bath home enjoys refreshing ocean breezes, spectacular sunsets, and peek ocean views from the front yard. Positioned on an expansive 8,600-square-foot lot, this property offers exceptional outdoor space, privacy, and potential. Convenient side and backyard access provides added versatility, including the possibility of constructing an Accessory Dwelling Unit (ADU), subject to buyer verification and applicable approvals. Step inside to discover a bright, inviting interior featuring recently installed luxury vinyl plank flooring and fresh, neutral paint throughout. The thoughtfully designed living spaces offer comfort and easy maintenance, while the spacious covered patio provides the perfect setting for morning coffee, outdoor dining, or entertaining friends and family while enjoying the coastal climate. Additional highlights include an attached garage, two driveway parking spaces, and a generously sized yard with endless possibilities. Ideally located just minutes from shopping, dining, parks, golf courses, major freeways, and Oceanside's beautiful beaches, this home offers the perfect combination of tranquility, convenience, and coastal charm. Priced as the most affordable home currently offered in Costa Serena, this is an exceptional opportunity to enjoy Southern California coastal living without the burden of monthly HOA fees! Don't miss this rare opportunity to own a tastefully updated home on one of Costa Serena's most desirable lots!

Mortgage Calculator

Est. Monthly Payment

$3,608

Principal & Interest$2,924
Property Tax$530
Insurance$155
%($105,980)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    Christa McAuliffe Elementary · grades K-5 · Oceanside Unified

  • Middle

    Martin Luther King Jr. Middle · grades 6-8 · Oceanside Unified

  • High

    El Camino High · grades 9-12 · Oceanside Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules

Investment Score

67A
Est. Monthly Rent
$3,097

17 leases of 1–3 bed houses within 2 mi · $2,640–$3,246

Blended 50/50 with the zip's market median ($3,230)

Monthly Cashflow

Rent − PITIA

-$511
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,665

What would make this work?

$1,665/mo short at 20% down; 66% down or +$2,163/mo rent closes it.

Break-even price

41% under asking

$312,043
Break-even rent

$2,163/mo above the estimate

$5,260/mo
Cashflow at 35% down
−$1,117/mo
Down payment to break even

$349,734 cash

66%
Rate to break even

at 20% down

0.45%

Mortgage (P+I)
$2,924
Cap Rate
3.20%
Cash-on-Cash
-18.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.86

NOI (Annual)
$16,957
Price-to-Rent

Lower = better for investors

14.3

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
ACashflow−$1,665/mo