806 Cleveland St
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806 Cleveland St #Unit 1

D

Oceanside, CA 92054

$1,399,000

Soft Appraisal Value: $2,107,000 · 33.6% below estimate

Beds

2

Baths

2

Sqft

1,585

Year Built

2024

Days on Market

151

Property Type

Condo

HOA/mo

$385

MLS ID

250044177SD

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

Virtual Tour

About This Property

Introducing 806 N Cleveland Unit #1 — a modern coastal retreat and premier short-term-rental-ready asset located just three blocks from the beach in the heart of Oceanside. Thoughtfully designed and newly completed in late 2024, this fully furnished 2-bed, 2-bath residence spans 1,587 square feet of elevated living space, blending sophisticated finishes with effortless seaside style. Move-in, rent-ready, and curated to perfection, this home is being sold fully furnished, offering a turnkey luxury living experience from day one. High-end furniture, décor, kitchenware, bedding, and accessories have been intentionally selected to complement the contemporary design and coastal ambiance — ideal for both owner-users and investors seeking immediate lifestyle enjoyment and operational ease. Inside, an open-concept layout welcomes you with premium vinyl wood flooring, designer lighting, and an inviting fireplace. Floor-to-ceiling windows flood the home with natural light while blackout coverings balance privacy and comfort. A chef-inspired kitchen, stylish living spaces, and spacious bedrooms create a polished yet inviting environment. Property Website located here: https://youtu.be/CuhdulTwZmo

Mortgage Calculator

Est. Monthly Payment

$9,266

Principal & Interest$7,074
Property Tax$1,399
Insurance$408
HOA$385
%($279,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,510
Monthly Cashflow

Rent − PITIA

$-5,756
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,729

Mortgage (P+I)
$7,074
Cap Rate
-0.56%
Cash-on-Cash
-33.15%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$13,548

NOI (Annual)
$-7,862
Price-to-Rent

Lower = better for investors

33.2

* 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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