516 The Strand #b Oceanside

516 The Strand #b Oceanside

D

, CA 92054

$4,500,000
NEW — 4d on market

Beds

4

Baths

4

Sqft

2,900

Year Built

2012

Days on Market

4

Property Type

Condo

HOA/mo

N/A

MLS ID

OC26043467

View on MLS

Description

Oceanfront Home ! The very Best Location in Oceanside...Steps two the water SHORT TERM VACATION RENTAL $220,000 + in earnings Per Year. Lower UnitThe VERY BEST LOCATION IN OCEANSIDE CALIFORNIA Hear the Roar of waves and see the water crashing outside of your Newly designed and Remodeled 4 Bedroom 4 Bath 2,900 + sq ft home Walk to Everything! The longest Pier in California Sandy Beaches, Award winning Restaurants, Roof top bars, Boat Harbor, Shopping. Brand New 2025 Central A/C The views and sounds of the Ocean crashing just feet away is Unparalleled and Unforgettable Enjoy the indoor outdoor living when you open your 11.5 Foot Glass wall slider to experience the mighty Pacific Ocean while you BBQ from the private deck, or while relaxing on the couch watching the 75 inch TV or while cooking dinner in the granite island kitchen, or during a game of pool or even while laying on your King Size bed in the Primary bedrooms. The experience is remarkable! No expense has been spared in this home. Featuring new wide plank White Oak Hardwood flooring, New Paint and Window Treatments with Travertine flooring in hall and bathrooms The Kitchen is approximately 15ft x 10ft and features a 6 Gas Burner Viking Stove Top, Viking Oven and Microwave Stainless Steel dishwasher Wine Refrigerator, Wine Racks, 8.5 Ft Granite Bar, Pantry The family room is approximately 14 ft x 24ft and has new leather couch and 75 inch TV, Game Rooms with a full size Pool Table. There is also a convenient side yard with patio and Turf area for your Doggies or to relax and have a cup of coffee or read a book.. When you walk down the 57 ft long hall way you will see the indoor laundry room with full size Washer & Dryer and the other 3 bedrooms and bathrooms Each Bedroom has its own bathroom and Walk in Closet Ocean Front ! PRIVATE ELEVATOR. This home also features a rare huge subterranean GarageAlso please research the amazing re-beach project that has been recently approved and in the works for the past 25 years plus This is Only 10 Steps from the water.

Mortgage Calculator

Est. Monthly Payment

$28,567

Principal & Interest$22,754
Property Tax$4,500
Insurance$1,312
%($900,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$4,525
Monthly Cashflow

Rent − PITI − HOA

$-24,041
Full Cashflow

Incl. vacancy, PM, maint, capex

$-28,832

Mortgage (P+I)
$22,754
Cap Rate
-1.62%
Cash-on-Cash
-32.06%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.20
Break-even Rent
$28,566

NOI (Annual)
$-72,933
Price-to-Rent

Lower = better for investors

82.9

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

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