521 Calle Montecito #110
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521 Calle Montecito #110

Atop 10%

Oceanside, CA 92057Neighborhood: North Valley

$349,999
STR closed · inland Oceanside

3 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$1,384/mo full cashflow at 20% down, 7.36% rate.

Works at $168,986 (52% under asking), or at 78% down.

Rent $2,482/mo from 12 leases of 2-bed condos & townhomes within 1 mi ($2,334–$2,652).

Beds

2

Baths

1

Sqft

806

Year Built

1985

Days on Market

93

Property Type

Condo

HOA/mo

$620

MLS ID

260019634SD

This property is in Oceanside (92057). Browse neighborhood analytics →

Virtual Tour

About This Property

VERY MOTIVATED SELLER: TOP-FLOOR END UNIT | PRIVATE BALCONY | MOVE-IN READY! Welcome to Lakeshore Villas! This beautifully refreshed 2-bedroom, 1-bath unit offers the privacy, natural light, and easy living you've been looking for. The upper corner location provides abundant sunlight and fewer shared walls, while the peaceful greenbelt setting creates a welcoming backdrop. Inside, you'll find luxury vinyl flooring throughout. The kitchen features granite countertops, while the spacious living and dining areas provide a comfortable layout for everyday living and entertaining. The dining area opens directly to a private balcony overlooking the greenbelt—perfect for morning coffee or relaxing at the end of the day. Both bedrooms are generously sized, offering plenty of room for comfortable furnishings, a home office, or a personal retreat. The primary bedroom includes private access to the bathroom. You'll also appreciate the convenience of private laundry on the balcony with washer and dryer included. Whether you're a first-time buyer, investor, or looking to simplify your lifestyle, this home offers an excellent opportunity to own in Oceanside without the maintenance of a single-family home. Conveniently located near Libby Lake and Park, shopping, dining, schools, Camp Pendleton, and major transportation routes. Don't miss the opportunity to make this one yours!

Mortgage Calculator

Est. Monthly Payment

$3,003

Principal & Interest$1,931
Property Tax$350
Insurance$102
HOA$620
%($70,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Libby Elementary · grades K-5 · Oceanside Unified

  • Middle

    Cesar Chavez Middle · grades 6-8 · Oceanside Unified

  • High

    El Camino High · grades 9-12 · Oceanside Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Outside Oceanside's Coastal Zone: inland short-term rentals are banned. See the rules

Investment Score

60A
Est. Monthly Rent
$2,482

12 leases of 2-bed condos & townhomes within 1 mi · $2,334–$2,652

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$521
Full Cashflow

Incl. vacancy, PM, maint, capex

-$1,384

What would make this work?

$1,384/mo short at 20% down; 78% down or +$1,797/mo rent closes it.

Break-even price

52% under asking

$168,986
Break-even rent

$1,797/mo above the estimate

$4,279/mo
Cashflow at 35% down
−$1,021/mo
Down payment to break even

$272,999 cash

78%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$1,931
Cap Rate
2.30%
Cash-on-Cash
-23.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.83

NOI (Annual)
$8,059
Price-to-Rent

Lower = better for investors

11.8

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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ACashflow−$1,384/mo