4950 Lerkas Way
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4950 Lerkas Way

D

Oceanside, CA 92056

$1,059,000

Soft Appraisal Value: $1,052,700 · 0.6% above estimate

Beds

3

Baths

3

Sqft

1,850

Year Built

1991

Days on Market

9

Property Type

Single Family

HOA/mo

$837

MLS ID

NDP2605005

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

Virtual Tour

About This Property

A rare opportunity in coastal SOCAL's best 55+ community of Ocean Hills Country Club. This Corinth floor plan is a detached single-story home situated on a prime corner lot where you always feel connected to the heartbeat of the community without ever leaving your kitchen. The home features a tranquil kitchen, dual primary suites, plantation shutters, hardwood and tile flooring, built-in bookshelves and ceiling fans. Only 42 of these floor plans were ever built in this guard-gated community of 1,632 homes. As the largest detached, single-story floor plan available, this home offers a rare footprint featuring 3 bedrooms and 3 full bathrooms—offering the perfect layout for single-level luxury, guest privacy, or a dedicated home office setup without compromising on space. Be sure to review the 3D Virtual Tour. Living in this resort-style 55+ community means enjoying bountiful amenities just minutes from your front door. The community maintains the roof, front yards and exterior painting for residents, leaving more time to enjoy your retirement. Your HOA includes access to a private 18-hole executive golf course (with no green fees), a 27,000 sq ft clubhouse with a well loved auditorium used daily for community events, theatre and music productions and exercise, fitness and dance classes, a solar-heated, saltwater Jr Olympic pool, the most pickleball courts of any 55+ community in SOCAL, tennis courts, a dog park, free secured RV parking, 24-hour gated security and much more. Embrace the ultimate resort-style retirement where every day feels like a vacation in this vibrant, guard-gated coastal paradise!

Mortgage Calculator

Est. Monthly Payment

$7,560

Principal & Interest$5,355
Property Tax$1,059
Insurance$309
HOA$837
%($211,800)
%

Location

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Investment Score

6D
Est. Monthly Rent
$4,600
Monthly Cashflow

Rent − PITIA

$-2,960
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,900

Mortgage (P+I)
$5,355
Cap Rate
0.52%
Cash-on-Cash
-27.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$10,964

NOI (Annual)
$5,454
Price-to-Rent

Lower = better for investors

19.2

* 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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