506 Canyon Drive

506 Canyon Drive

D

Oceanside, CA 92054

$599,000

Beds

3

Baths

2

Sqft

1,164

Year Built

1978

Days on Market

12

Property Type

Condo

HOA/mo

$606

MLS ID

LG26037317

View on MLS

Description

Located in the Las Brisas community of Oceanside, this three bedroom, two bathroom single-level condo offers a practical layout in a quiet, gated setting. The interior features a comfortable living area with large windows and direct access to a private, enclosed patio—creating a smooth indoor-outdoor flow.The kitchen is equipped with white cabinetry, stainless steel appliances, and a convenient bar-top layout that connects easily to the dining and living spaces. The unit includes in-unit laundry with a stacked washer and dryer, three full bedrooms, and two bathrooms.Additional features include dual-pane windows, updated lighting, and wall-mounted AC units. A detached one-car garage provides secure parking and extra storage. Community amenities include a pool, spa, tennis courts, pickleball, and sport courts, all managed by a well-maintained HOA.Just minutes from beaches, shopping, restaurants, and freeway access, this home offers everyday convenience in a low-maintenance, coastal community.

Mortgage Calculator

Est. Monthly Payment

$4,409

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$606
%($119,800)
%

Investment Score

19D
Est. Monthly Rent

Market Rent Estimate

$3,676
Monthly Cashflow

Rent − PITI − HOA

$-733
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,078

Mortgage (P+I)
$3,029
Cap Rate
1.91%
Cash-on-Cash
-7.34%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.21
Break-even Rent
$4,409

NOI (Annual)
$11,416
Price-to-Rent

Lower = better for investors

13.6

* Defaults: 20% down, 6.5% rate, 30yr.

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