400 The Strand

400 The Strand #7

D

Oceanside, CA 92054

$1,795,000
NEW — 2d on market

Beds

2

Baths

2

Sqft

1,200

Year Built

1990

Days on Market

2

Property Type

Condo

HOA/mo

$680

MLS ID

NDP2603195

Description

Every day feels like a vacation at 400 N The Strand #7, where ocean views and coastal breezes define the experience. This rare front-row, ground-floor corner unit in the highly sought-after San Miguel III community offers true beachfront living. Enjoy no stairs and single-level convenience. Witness stunning white water ocean views and the soothing sound of waves from both the main living/kitchen area AND the primary suite. The desirable corner location provides added privacy and an abundance of natural light throughout. Featuring a spacious floor plan and boasting two ocean-view balconies, creating seamless indoor-outdoor living and multiple spaces to relax and take in the Pacific. The open-concept living area is warm and inviting, complete with a cozy fireplace and sliding doors that frame the coastline. The dining area is surrounded by windows, offering a picture-perfect setting - enjoy meals while taking in views of the Oceanside Pier illuminated at night, reflecting beautifully across the water. The kitchen is equipped with stainless steel appliances and flows effortlessly into the dining and living spaces. The primary suite offers a peaceful retreat with generous space, a walk-in closet, and an en-suite bathroom. Additional highlights include in-unit laundry and two assigned underground parking spaces in a gated garage. San Miguel III features beautifully maintained grounds, two spas, and convenient beach access points. Located just a short stroll to the iconic Oceanside Pier, marina, and vibrant downtown, this home offers amazing walkability to Oceanside’s best dining, coffee shops, and boutique shopping. Whether you're seeking a full-time residence or a second home, this is a rare opportunity to own along one of Southern California’s most desirable stretches of coastline.

Mortgage Calculator

Est. Monthly Payment

$12,075

Principal & Interest$9,076
Property Tax$1,795
Insurance$524
HOA$680
%($359,000)
%

Investment Score

0D
Est. Monthly Rent
$3,518
Monthly Cashflow

Rent − PITIA

$-8,557
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,862

Mortgage (P+I)
$9,076
Cap Rate
-1.19%
Cash-on-Cash
-36.31%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.29
Break-even Rent
$17,625

NOI (Annual)
$-21,432
Price-to-Rent

Lower = better for investors

42.5

* 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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