3760 Southridge Way
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3760 Southridge Way

C

Oceanside, CA 92056

$1,388,888

Beds

5

Baths

3

Sqft

2,835

Year Built

1997

Days on Market

46

Property Type

Single Family

HOA/mo

$130

MLS ID

NDP2605079

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

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About This Property

**NOTE: Seller may assist/finance a portion of the sales price - please call for details**Have you been searching for a large, spacious home with room for everyone? Your search ends here! Welcome to this stunning five-bedroom, three-bathroom home in the highly sought-after Ocean Terrace gated community. Offering over 2,800 square feet of living space and a three-car garage, there is truly room for everyone, and everything! Enjoy multiple outdoor entertaining spaces, scenic foothill and mountain views, and exceptional privacy with no neighbors behind you as the home backs to a private preserve area. The backyard is beautifully enclosed with attractive brick fencing on both sides, creating a private and inviting setting for outdoor living and entertaining. This home has been extensively updated within the last four years and is truly move-in ready! The beautifully reimagined and expanded kitchen features newer cabinetry, granite countertops, and a large center island, making it perfect for gathering and entertaining. The kitchen opens to the spacious family room with it's inviting fireplace and seamlessly connects to the backyard and outdoor patio areas. The large and luxurious primary suite serves as your own private retreat, featuring breathtaking foothill and mountain views from every window, separate dual vanities, a gorgeous clawfoot tub, walk-in shower, spacious walk-in closet, and a cozy fireplace for relaxing evenings at home. Entertaining is effortless with formal living and dining rooms that provide plenty of space for hosting family and friends. Perfect for multigenerational living, the home also includes a large main-floor bedroom and full bathroom. Additional highlights include generously sized secondary bedrooms, vaulted ceilings in almost every room, plus newer luxury vinyl flooring throughout. Fresh interior paint gives the home a bright, updated feel, while all bathrooms have been beautifully renovated with new tile, vanities, sinks, faucets, granite countertops, and more. Located just minutes from some of the most beautiful sandy beaches, with Calavera Preserve and its scenic hiking trails only blocks away, you'll also enjoy convenient access to world-class dining, shopping, and golf while enjoying the tranquility and security of gated community living. This exceptional home offers the perfect blend of luxury, space, privacy, and location...all that’s left to do is unpack and enjoy! All appliances are included! Sellers will consider offers between $1,388,888 and $1,398,888. No Mello Roos!

Mortgage Calculator

Est. Monthly Payment

$8,947

Principal & Interest$7,023
Property Tax$1,389
Insurance$405
HOA$130
%($277,778)
%

Location

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Investment Score

6D
Est. Monthly Rent
$4,861
Monthly Cashflow

Rent − PITIA

$-4,086
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,361

Mortgage (P+I)
$7,023
Cap Rate
0.57%
Cash-on-Cash
-27.48%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$13,122

NOI (Annual)
$7,940
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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