465 Cleveland St Oceanside

465 Cleveland St Oceanside

D

, CA 92054

$1,599,000

Beds

3

Baths

3.5

Sqft

2,034

Year Built

2005

Days on Market

120

Property Type

Townhouse

HOA/mo

$500

MLS ID

250043234SD

Description

Panoramic Ocean Views and Newly Renovated Coastal Townhome. Experience breathtaking panoramic ocean views from this beautifully renovated 2005 tri-level townhome, perfectly situated in the exclusive gated community of Coastal Townlofts—just two blocks to the beach. With only 28 residences in the community, this is a rare opportunity to own a renovated home offering 360° city and ocean views from the private roof deck and unmatched coastal living. Over 2,030 sq. ft. of light-filled living space with soaring 10–11 ft. ceilings on every level. The home features 3 spacious bedrooms, including one on the first floor, 3.5 baths, and a 2-car attached garage. This home has so many high end features, including a dumbwaiter to the kitchen. The recently remodeled kitchen and bathrooms showcase modern finishes and thoughtful design, while the private panoramic ocean-view roof deck offers an elevated lounge area and dining area—perfect for entertaining or simply relaxing above the waves. With an HOA fee of just $500/month, which covers all exterior maintenance, you can enjoy an easy maintenance lifestyle and the freedom to lock up and go. Located west of the 101, this home offers the best of coastal living—just a stones through to the beach, pier, downtown dining, and the train station located in the quiet zone. This townhome combines luxury, convenience, and a relaxing coastal lifestyle that are nearly impossible to find in today’s market at this price point.

Mortgage Calculator

Est. Monthly Payment

$10,651

Principal & Interest$8,085
Property Tax$1,599
Insurance$466
HOA$500
%($319,800)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$4,294
Monthly Cashflow

Rent − PITI − HOA

$-6,356
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,677

Mortgage (P+I)
$8,085
Cap Rate
-0.44%
Cash-on-Cash
-23.85%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$10,650

NOI (Annual)
$-7,093
Price-to-Rent

Lower = better for investors

31.0

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

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