465 Cleveland St
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465 Cleveland St #103

D

Oceanside, CA 92054

$1,599,000
NEW — 5d

Beds

3

Baths

3.5

Sqft

2,034

Year Built

2005

Days on Market

5

Property Type

Townhouse

HOA/mo

$500

MLS ID

260008824SD

This property is in Oceanside (92054). View neighborhood stats →

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About This Property

Experience breathtaking panoramic ocean views from this beautifully renovated tri-level townhome, ideally situated in the exclusive gated community of Coastal Townlofts West of the 101 Oceanside—just two blocks to the beach. With only 28 residences, this is a rare opportunity to own a home that truly lives like a single-family residence while offering over 2,030 square feet of light-filled living space and soaring 10–11 ft. ceilings throughout. This thoughtfully designed home features 3 spacious bedrooms, including a first-floor suite with walk-in closet and en suite bath, along with 3.5 bathrooms and a 2-car attached garage. The recently remodeled kitchen and bathrooms showcase high-end finishes and modern design, including quartz countertops, refinished cabinetry, new hardware and lighting, stainless steel appliances, new bath vanities, updated tile, and fixtures. Additional upgrades include newly installed luxury vinyl flooring and baseboards, and a newer A/C system. A standout feature is the private rooftop deck offering sweeping 360° ocean and city views, complete with lounge, hot tub and dining areas—perfect for entertaining or relaxing above the coastline. A convenient dumbwaiter connects the garage to the kitchen level for effortless living. Low HOA covering exterior maintenance and no Mello-Roos, and limited inventory in this highly desirable community, this is a rare offering that combines luxury, convenience, and lock-and-leave ease.

Mortgage Calculator

Est. Monthly Payment

$10,651

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

Location

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Investment Score

0D
Est. Monthly Rent
$4,472
Monthly Cashflow

Rent − PITIA

$-6,178
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,539

Mortgage (P+I)
$8,085
Cap Rate
-0.34%
Cash-on-Cash
-32.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$15,562

NOI (Annual)
$-5,449
Price-to-Rent

Lower = better for investors

29.8

* 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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