652 Irene Road
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652 Irene Road

Ctop 80%

Oceanside, CA 92057Neighborhood: North Valley

$849,999
STR closed · inland Oceanside

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$3,568/mo full cashflow at 20% down, 7.36% rate.

Works at $383,038 (55% under asking), or at 81% down.

Rent $3,802/mo from 16 leases of 4-bed houses within 1 mi ($3,440–$3,830).

Beds

4

Baths

2

Sqft

1,441

Year Built

1986

Days on Market

65

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2608378

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

Virtual Tour

About This Property

BIG LOT. BIG UPGRADES. MOVE-IN READY! Welcome to 652 Irene Rd, an updated Oceanside home where the big-ticket improvements have already been done. Step inside to soaring vaulted ceilings, a bright and freshly painted interior, and a spacious kitchen featuring beautiful cherry wood cabinetry. Recent upgrades include a NEW ROOF within the last 2 years, FULLY OWNED SOLAR, brand-new triple- and double-pane windows and doors, and new mini-split systems for efficient year-round comfort. Outside, the expansive lot gives you the space that's becoming harder and harder to find—room to entertain, garden, relax, and create the backyard you've been dreaming of. Even better, enjoy your own backyard harvest with 2 avocado trees, 2 pomegranate trees, plus guava, orange, kumquat, and lemon trees! A freshly painted exterior completes the home's clean, refreshed look. Love an active lifestyle? Melba Bishop Recreation Center is just around the corner, featuring sports and recreation amenities along with an impressive 11 pickleball courts! With its oversized lot, vaulted ceilings, fully owned solar, extensive energy-efficient upgrades, abundant fruit trees, and convenient Oceanside location, this home checks boxes that are tough to find all in one property. Come see why 652 Irene Rd deserves a spot at the TOP of your must-see list!

Mortgage Calculator

Est. Monthly Payment

$5,788

Principal & Interest$4,690
Property Tax$850
Insurance$248
%($170,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Del Rio 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

33C
Est. Monthly Rent
$3,802

16 leases of 4-bed houses within 1 mi · $3,440–$3,830

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,986
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,568

What would make this work?

$3,568/mo short at 20% down; 81% down or +$4,634/mo rent closes it.

Break-even price

55% under asking

$383,038
Break-even rent

$4,634/mo above the estimate

$8,436/mo
Cashflow at 35% down
−$2,689/mo
Down payment to break even

$688,499 cash

81%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,690
Cap Rate
1.85%
Cash-on-Cash
-25.19%
DSCR

Need ≥ 1.25 for DSCR loan

0.66

NOI (Annual)
$15,736
Price-to-Rent

Lower = better for investors

18.6

* 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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CCashflow−$3,568/mo