403 Horne Street
Ctop 80%Oceanside, CA 92054Neighborhood: Townsite
76 licensed short-term rentals within ½ mile (76 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$9,498/mo full cashflow at 20% down, 7.36% rate.
Works at $507,092 (71% under asking), or at 99% down.
Rent $5,033/mo from 10 leases of 2–4 bed houses within 1 mi ($4,530–$4,923).
Beds
3
Baths
2
Sqft
1,519
Year Built
1929
Days on Market
46
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2608983
This property is in Oceanside (92054). View neighborhood stats →
About This Property
Rare 1920s Spanish Style Beach Bungalow with Unobstructed Ocean Panoramas. Step back in time while enjoying the height of coastal luxury in this impeccably maintained 1920s beach bungalow. Perched at the highest point of a coveted corner lot, this home offers a rare blend of vintage character and modern move-in readiness. Experience true indoor-outdoor living with three expansive decks, each perfectly positioned to capture breathtaking, unobstructed views of the Pacific Ocean. Beyond the stunning vistas, the property is a lush private sanctuary featuring well-established landscaping and productive fruit trees. A detached two-car garage provides ample space for vehicles and beach gear. This is more than just a home; it’s a character-filled retreat where history meets the horizon.
Mortgage Calculator
Est. Monthly Payment
$11,916
Location
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Zoned Schools
Elementary
South Oceanside Elementary · grades K-5 · Oceanside Unified
Middle
Lincoln Middle · grades 6-8 · Oceanside Unified
High
Oceanside 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.
Comparable Properties
5 comps foundThis Property
$5,033
Comp Average
$5,027
1431 Kurtz Street
4bd / 2.5ba · 1,656 sqft · Single Family
$1.45M
Est. $5,945/mo
1718 Alvarado Street
3bd / 3ba · 1,650 sqft · Single Family
$1.50M
Est. $5,607/mo
1504 Valencia Street
3bd / 2ba · 1,414 sqft · Single Family
$1.50M
Est. $4,556/mo
309 Clementine Street
3bd / 2ba · 1,430 sqft · Single Family
$2.25M
Est. $4,864/mo
503 Nevada Street
3bd / 2ba · 1,128 sqft · Single Family
$1.69M
Est. $4,162/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules
Investment Score
10 leases of 2–4 bed houses within 1 mi · $4,530–$4,923
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$9,498/mo short at 20% down; 99% down or +$12,335/mo rent closes it.
- Break-even price
- $507,092
- Break-even rent
- $17,368/mo
- Cashflow at 35% down
- −$7,688/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$12,335/mo above the estimate
$1,732,500 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
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