4953 Lassen Drive
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4953 Lassen Drive

D

Oceanside, CA 92056

$1,225,000
NEW — 1d

Beds

3

Baths

2.5

Sqft

2,171

Year Built

1996

Days on Market

1

Property Type

Single Family

HOA/mo

$150

MLS ID

NDP2603780

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

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About This Property

THE SUMMIT at OCEAN HILLS, a highly desirable neighborhood in North Oceanside known for it's Mediterranean style white stucco homes with red tile roofs.* Here is the SINGLE LEVEL home you have been searching for, set on a LARGE LOT with a THREE CAR GARAGE. Enjoy modern, energy efficient living with a fully OWNED and PAID for 18-PANEL SOLAR SYSTEM and TESLA EV CHARGING setup, with BATTERY BACKUP, helping reduce utility costs.* The open-concept layout offers an effortless flow between living spaces, while vaulted ceilings enhance the airy, expansive feel. The living room and dining area connect seamlessly. The dining space is filled with natural light from two skylights. A cozy double-sided fireplace is shared between the dining area and family room.* The kitchen is a bright, galley-style space with a long run of counters on both sides. Generous dark stone counter space is contrasted by a lighter stone surface on the raised bar/peninsula. The overall effect is substantial and durable, with plenty of prep and serving room. Abundant, full-height cabinetry gives the room a clean, classic look and provides ample storage. At the far end of the kitchen is a cozy window nook with a small desk and seating area, set into the bay windows—an ideal spot for casual dining or a workspace, with lots of natural light and view of the rear garden.* The spacious primary ensuite bedroom offers a comfortable retreat, featuring a large walk-in closet and a sliding glass door that opens directly to the rear patio and backyard. You can enjoy privacy on the patio, as there is no neighbor behind the home.* Enjoy the garden’s bounty from mature fruit trees, including two avocado trees plus apricot, fig, and lemon. *Additional features: newer AC, newer hot water tank w/recirculating hot water, reverse osmosis water system, new washing machine, overhead storage racks in garage.*This property offers convenient access to local shopping, dining, parks, hiking trails and major commuter routes while remaining just a short drive from the Oceanside coastline and harbor.

Mortgage Calculator

Est. Monthly Payment

$7,927

Principal & Interest$6,194
Property Tax$1,225
Insurance$357
HOA$150
%($245,000)
%

Location

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Investment Score

3D
Est. Monthly Rent
$4,039
Monthly Cashflow

Rent − PITIA

$-3,887
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,837

Mortgage (P+I)
$6,194
Cap Rate
0.35%
Cash-on-Cash
-28.59%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$11,620

NOI (Annual)
$4,286
Price-to-Rent

Lower = better for investors

25.3

* 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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