506 Canyon Dr.
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506 Canyon Dr. #72

B

Oceanside, CA 92054

$499,999
NEW — 2d

Soft Appraisal Value: $507,300 · 1.4% below estimate

Beds

2

Baths

2

Sqft

904

Year Built

1978

Days on Market

2

Property Type

Condo

HOA/mo

$606

MLS ID

260015382SD

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

About This Property

This beautiful turn key "VA approved" upper unit is completely remodeled. Condo offers 2 bedroom, 2 bath, with full stackable laundry, with a stunning en suite bedroom. It combines style, comfort, and a family friendly atmosphere with convenience to the pool, green yard, and mailbox. In one of Oceanside’s most desirable locations in Historic Loma Alta. Inside, you’ll find a bright and open floor-plan with updated finishes. A French door off the living room opens to a private balcony large enough for a BBQ, cocktail table to unwind from your day, while feeling the coastal breeze. Additional highlights include a spacious single-car garage which is just steps away from the unit, plus one assigned parking space. Lastly, Enjoy resort-style amenities which include a pool, spa, tennis/pickleball courts, basketball, and beautifully maintained park-like landscape. Conveniently located near shopping, dining, and less than 2 miles to the beach. This is a wonderful opportunity to enjoy coastal Oceanside and this lovely beach town.

Mortgage Calculator

Est. Monthly Payment

$3,780

Principal & Interest$2,528
Property Tax$500
Insurance$146
HOA$606
%($100,000)
%

Location

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Investment Score

35C
Est. Monthly Rent
$2,551
Monthly Cashflow

Rent − PITIA

$-1,229
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,233

Mortgage (P+I)
$2,528
Cap Rate
0.71%
Cash-on-Cash
-26.79%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$5,451

NOI (Annual)
$3,547
Price-to-Rent

Lower = better for investors

16.3

* 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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