714 Ditmar Street
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714 Ditmar Street

C

Oceanside, CA 92054

$949,717
NEW — 0d

Beds

2

Baths

1

Sqft

990

Year Built

1920

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603899

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

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About This Property

Endless possibilities await in this charming coastal cottage-style bungalow, ideally located west of I-5 in North County San Diego’s highly sought-after Oceanside downtown Coastal Community just six blocks from the beach. Enjoy the ultimate Southern California lifestyle with proximity to the iconic Oceanside Pier, Oceanside Harbor, vibrant dining and brewery scene, cozy coffee shops, Michelin-starred restaurants, the Oceanside Museum of Art, unique boutiques, live entertainment, and bustling weekly farmers market. Coastal living truly doesn’t get better than this. Attention Builder, Developers, Contractors and Speculators this property is zoned Residential High Density, offering exciting potential for expansion or the addition of another unit (buyer to verify with the City of Oceanside). A rare opportunity for investors or homeowners looking to maximize value. The seller was told by the City of Oceanside this property is outside the California Coastal jurisdiction. Buyer to verify w/ the City of Oceanside. Inside, you’ll find a versatile cozy sunroom perfect for reading, sipping a cup of coffee or tea while you enjoy the peaceful sea breezes (or possibly an artist’s retreat, home office, or creative studio? ) The bathroom has been tastefully remodeled, adding modern comfort to this classic home. Also, a rare find is the large, spacious attic! The detached single-car garage with convenient alley access provides additional parking in the backyard on this sizeable lot with possible space for RV or boat parking. Don’t miss this incredible opportunity to own a piece of coastal charm with exceptional upside potential!

Mortgage Calculator

Est. Monthly Payment

$6,029

Principal & Interest$4,802
Property Tax$950
Insurance$277
%($189,943)
%

Location

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Investment Score

32C
Est. Monthly Rent
$4,237
Monthly Cashflow

Rent − PITIA

$-1,792
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,558

Mortgage (P+I)
$4,802
Cap Rate
1.57%
Cash-on-Cash
-22.48%
DSCR

Need ≥ 1.25 for DSCR loan

0.70
Break-even Rent
$8,858

NOI (Annual)
$14,932
Price-to-Rent

Lower = better for investors

18.7

* 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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