400 The Strand Oceanside

400 The Strand Oceanside

D

, CA 92054

$1,695,000

Beds

2

Baths

2

Sqft

1,006

Year Built

1990

Days on Market

90

Property Type

Condo

HOA/mo

$680

MLS ID

NDP2511221

Description

Experience breathtaking front-row coastal living at 400 N The Strand #27—a beachfront gem in the coveted San Miguel III community. This rare ground-level unit offers no-stairs access, making beachside living both luxurious and effortless. Enjoy panoramic white water ocean views and the soothing sound of waves from the comfort of home! Inside, the condo features fresh paint and tastefully updated bathrooms, creating a clean and modern coastal vibe. The open-concept living space is filled with natural light and opens directly onto an ocean-view patio—perfect for dining al fresco or soaking in the sunsets over the Pacific. As evening falls, take in the magical sight of the Oceanside Pier glowing against the night sky—an unforgettable view right from your living room or patio. The spacious primary bedroom features a walk-in closet and dual sink vanity. Additional highlights include in-unit laundry, a cozy fireplace, and two assigned underground parking spaces in a gated garage with elevator access. Ideally located just a short stroll from the Oceanside Pier, marina, and vibrant downtown, this home puts you steps away from Oceanside’s best dining, coffee shops, and boutique shopping. San Miguel III is a well-maintained beachfront community featuring two spas, beautifully landscaped grounds, and multiple access points to the sand. Whether you're looking for a peaceful beachfront escape or an unbeatable location to enjoy all that Oceanside has to offer, this is your chance to own a front-row seat to Southern California’s iconic coastline.

Mortgage Calculator

Est. Monthly Payment

$11,440

Principal & Interest$8,571
Property Tax$1,695
Insurance$494
HOA$680
%($339,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$4,146
Monthly Cashflow

Rent − PITI − HOA

$-7,294
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,660

Mortgage (P+I)
$8,571
Cap Rate
-0.77%
Cash-on-Cash
-25.82%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$11,440

NOI (Annual)
$-13,069
Price-to-Rent

Lower = better for investors

34.1

* Defaults: 20% down, 6.5% rate, 30yr.

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