812 Cleveland Street
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812 Cleveland Street #1

D

Oceanside, CA 92054

$1,850,000
NEW — 0d

Soft Appraisal Value: $1,818,800 · 1.7% above estimate

Beds

3

Baths

3.5

Sqft

2,042

Year Built

2024

Days on Market

0

Property Type

Condo

HOA/mo

$450

MLS ID

26829511

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

About This Property

Experience refined coastal living in this new construction just moments from the heart of Oceanside. Thoughtfully designed with high-end finishes, the interior balances elevated design with functional living spaces. The kitchen features premium appliances, sleek countertops, and a leather-finished granite island that serves as a natural gathering point. The flexible floor plan offers separation and versatility across two levels. One bedroom is located upstairs, ideal for a home office or guest space, along with a powder room for added convenience. Two additional bedrooms are situated downstairs, including the primary suite with an en-suite bathroom. The lower level opens to an additional living area with a kitchenette and bar, well suited for extended living or entertaining. Large doors open to a private outdoor space, creating an easy connection between indoor and outdoor living. Additional features include in-unit laundry and an attached two-car tandem garage. Located close to the beach, restaurants, shops, breweries, and scenic bike paths, the home offers both convenience and a coastal lifestyle. With its modern design, adaptable layout, and prime beach-close location, this property offers a unique opportunity as a primary residence, second home, or investment in one of the most desirable coastal communities.

Mortgage Calculator

Est. Monthly Payment

$12,194

Principal & Interest$9,355
Property Tax$1,850
Insurance$540
HOA$450
%($370,000)
%

Location

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Investment Score

11D
Est. Monthly Rent
$7,934
Monthly Cashflow

Rent − PITIA

$-4,261
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,627

Mortgage (P+I)
$9,355
Cap Rate
1.12%
Cash-on-Cash
-24.74%
DSCR

Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$17,839

NOI (Annual)
$20,730
Price-to-Rent

Lower = better for investors

19.4

* 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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