806 N Cleveland St

806 N Cleveland St #2

D

Oceanside, CA 92054

$2,525,000

Soft Appraisal Value: $2,473,400 · 2.1% above estimate

Beds

4

Baths

4

Sqft

2,686

Year Built

2024

Days on Market

32

Property Type

Condo

HOA/mo

$385

MLS ID

260005083SD

View on MLS

Description

Introducing 806 N Cleveland Unit #2 — 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 4-bed, 4-bath residence spans 2686 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. Huge 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. Direct access from unit to shared rooftop with above ground spa and ocean views.

Mortgage Calculator

Est. Monthly Payment

$16,414

Principal & Interest$12,768
Property Tax$2,525
Insurance$736
HOA$385
%($505,000)
%

Investment Score

0D
Est. Monthly Rent
$7,575
Monthly Cashflow

Rent − PITIA

$-8,839
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,685

Mortgage (P+I)
$12,768
Cap Rate
0.04%
Cash-on-Cash
-30.14%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.46
Break-even Rent
$24,049

NOI (Annual)
$991
Price-to-Rent

Lower = better for investors

27.8

* 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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