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801 North Pacific St
1 / 20

801 North Pacific St

D

Oceanside, CA 92054

$3,700,000

Soft Appraisal Value: $3,631,500 · 1.9% above estimate

Beds

Baths

Sqft

1,480

Year Built

2016

Days on Market

101

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

NDP2600985

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

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About This Property

5-Star Ocean View Short-Term Rental | Turnkey Multi-Unit Investment Rare opportunity to own a proven income-producing vacation rental in Oceanside, California. This three-unit coastal compound has approximately 98% occupancy, over 500 five-star reviews, and is ranked in the Top 1% of homes on Airbnb, making it one of the highest-performing short-term rentals in San Diego County. The property sits along the Oceanside coastline with panoramic views of the Pacific Ocean, the Oceanside Pier, and the harbor. A landmark staircase right next to the property provides beach access for guests and locals alike. Three fully renovated units include a duplex and a detached ground-level cottage. Each duplex unit features one bedroom, one and a half baths, a full kitchen, in-unit washer and dryer, and open interiors leading to generous ocean-view decks. The cottage offers one bedroom, a full kitchen, a bathroom, and a private patio. Three garages, each with additional storage rooms, including a dedicated turnover station stocked with extra washers and supplies for fast and efficient unit prep between guests. Driveway parking for up to four cars. A large outdoor area with a fire pit is a guest favorite with room to add a spa or BBQ. Zoned D-5 and classified R-4, the property sits in the Coastal Zone with two addresses on one APN and has operated legally as a short-term rental for over four years. Offered fully furnished and turnkey, this coastal compound is one of the most versatile investment opportunities available in the area. Enjoy a high-performing beachside investment with strong rental income, transform it into your dream home with stunning sunset views every evening, or do both. All in one of Southern California's most iconic beach towns.

Mortgage Calculator

Est. Monthly Payment

$23,488

Principal & Interest$18,709
Property Tax$3,700
Insurance$1,079
%($740,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,780
Monthly Cashflow

Rent − PITIA

$-18,708
Full Cashflow

Incl. vacancy, PM, maint, capex

$-22,891

Mortgage (P+I)
$18,709
Cap Rate
-1.36%
Cash-on-Cash
-37.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.20
Break-even Rent
$34,509

NOI (Annual)
$-50,181
Price-to-Rent

Lower = better for investors

64.5

* 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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