4712 Cordoba Way

4712 Cordoba Way

Dbottom 20%

Oceanside, CA 92056Neighborhood: Ocean Hills

$1,240,000
NEW — 0d
STR closed · inland Oceanside

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 4, 2026.

Pass at asking: -$7,297/mo full cashflow at 20% down, 7.49% rate.

Works at $294,000 (76% under asking); even all cash loses money at asking.

Rent $3,922/mo from 10 leases of 1–3 bed houses within 1 mi ($4,158–$4,567).

Beds

2

Baths

2

Sqft

1,880

Year Built

1984

Days on Market

0

Property Type

Single Family

HOA/mo

$752

MLS ID

NDP2609625

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

About This Property

Beautifully remodeled San Tropez model in the highly desirable Ocean Hills Country Club! This exceptional home underwent a complete, City of Oceanside-permitted remodel in 2022, transforming the original floor plan into a more spacious, open, and functional living environment. The original interior patio was converted into additional enclosed living space, while the wall separating the kitchen and dining room was removed and replaced with a spacious island featuring sit-up bar seating and a convenient food preparation workspace. This thoughtful redesign creates an inviting, open-concept kitchen and dining area ideal for everyday living and entertaining. Extensive improvements include a 4.58 kW SunPower solar system (owned) with 14 panels installed in 2021, a RainSoft whole-home water treatment system installed in 2025, reverse osmosis drinking water filtration at the kitchen sink, and a Clean Start ozone laundry system designed to clean clothing without detergent or hot water. Additional upgrades include a Woodbridge smart toilet with integrated bidet, electronic cathodic corrosion protection for the water heater, a replaced water heater pressure relief valve, and an ultra-quiet garage door opener installed in 2025. Extra storage throughout. Located within the premier gated 55+ community of Ocean Hills Country Club, residents enjoy an exceptional resort-style lifestyle featuring golf, swimming, tennis, pickleball, fitness facilities, a clubhouse, and numerous clubs and social activities. This beautifully updated and expanded San Tropez offers the rare combination of a fully permitted remodel, an improved open-concept floor plan, and substantial recent investments in one of North County San Diego's most desirable active adult communities!

Mortgage Calculator

Est. Monthly Payment

$9,283

Principal & Interest$6,929
Property Tax$1,240
Insurance$362
HOA$752
%($248,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Lake Elementary · grades K-5 · Vista Unified

  • Middle

    Madison Middle · grades 6-8 · Vista Unified

  • High

    Rancho Buena Vista High · grades 9-12 · Vista Unified

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

0D
Est. Monthly Rent
$3,922

10 leases of 1–3 bed houses within 1 mi · $4,158–$4,567

Blended 50/50 with the zip's market median ($3,422)

Monthly Cashflow

Rent − PITIA

-$5,361
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,297

What would make this work?

$7,297/mo short at 20% down; +$9,476/mo rent closes it.

Break-even price

76% under asking

$294,000
Break-even rent

$9,476/mo above the estimate

$13,398/mo
Cashflow at 35% down
−$5,998/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,929
Cap Rate
-0.17%
Cash-on-Cash
-35.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.42

NOI (Annual)
-$2,056
Price-to-Rent

Lower = better for investors

26.3

* Modelled at 20% down, 7.49% 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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DCashflow−$7,297/mo