4233 Bonita Dr.

4233 Bonita Dr.

Btop 30%

Oceanside, CA 92056Neighborhood: Lake

$610,000
STR closed · inland Oceanside

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$2,355/mo full cashflow at 20% down, 7.36% rate.

Works at $301,871 (51% under asking), or at 76% down.

Rent $2,996/mo from 9 leases of 2-bed houses within 2 mi ($2,557–$2,923).

Beds

2

Baths

1

Sqft

820

Year Built

1978

Days on Market

—

Property Type

Single Family

HOA/mo

N/A

MLS ID

260027001SD

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

About This Property

Located in Oceanside and boasting assignment to highly regarded Carlsbad schools, this beautifully updated single-level attached home offers the perfect blend of easy living and thoughtful design. With 2 bedrooms, 1 bathroom, and 820 est. square feet, the house features stylish finishes, elevated upgrades, and an open, light-filled layout that allows for effortless living and entertaining - both indoors and out. The main living area extends out to the private backyard retreat that features a spacious covered patio and lush hillside backdrop, the perfect spot for hosting friends, relaxing with a morning coffee, or enjoying the beautiful San Diego weather. With an attached one-car garage, newer solar panels with a battery, newer appliances, an updated HVAC system, no HOA, and a roof that was replaced several years ago, the home is ideally positioned just minutes from Lake Calavera trails, local shops and restaurants, and boasts convenient freeway access and close proximity to North County beaches. Offering a great location, a standout backyard, and updates throughout, this turnkey house is ready to welcome you home to Oceanside!

Mortgage Calculator

Est. Monthly Payment

$4,153

Principal & Interest$3,366
Property Tax$610
Insurance$178
%($122,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Calavera Hills Elementary · grades K-5 · Carlsbad Unified

  • Middle

    Calavera Hills Middle · grades 6-8 · Carlsbad Unified

  • High

    Sage Creek High · grades 9-12 · Carlsbad Unified

    or Carlsbad High · grades 9-12 · Carlsbad Unified

    Choice area: the district lets families here pick either school.

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

50B
Est. Monthly Rent
$2,996

9 leases of 2-bed houses within 2 mi · $2,557–$2,923

Blended 50/50 with the zip's market median ($3,354)

Monthly Cashflow

Rent − PITIA

-$1,158
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,355

What would make this work?

$2,355/mo short at 20% down; 76% down or +$3,058/mo rent closes it.

Break-even price

51% under asking

$301,871
Break-even rent

$3,058/mo above the estimate

$6,054/mo
Cashflow at 35% down
−$1,724/mo
Down payment to break even

$463,600 cash

76%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,366
Cap Rate
2.28%
Cash-on-Cash
-23.16%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$13,925
Price-to-Rent

Lower = better for investors

17.0

* 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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BCashflow−$2,355/mo