900 Cleveland Street
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900 Cleveland Street #3

A

Oceanside, CA 92054

$378,000
NEW — 2d

Soft Appraisal Value: $370,000 · 2.2% above estimate

Beds

2

Baths

2

Sqft

840

Year Built

1979

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2603846

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

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About This Property

900 N Cleveland St., space 3. Best kept secret in Oceanside Living Prime location at the front of the complex, 2 bedroom 2 bath 840 sq ft in 55 plus mobile home park community. Engineered vinyl plank hardwood flooring through whole house. Updated finishes throughout. HVAC for heating or cooling, 3 ceiling fans, Full size laundry inside home. In lieu of dishwasher there is a wine refrigerator, but space will accommodate dishwasher. Gas stove, refrigerator, microwave, pantry, washer and dryer to remain. Option of furnished for a turnkey move or unfurnished. New on demand tankless hot water heater, New Whole house water conditioner, entire house has been re-piped. 6 x 16.25 foot covered deck. Raised bed garden and room for potted plants. 5’ x 11’ plus storage shed with lighting and electrical plug (storage, she shed, workshop). Additional small storage shed for garden supplies or beach accessories. Current space rent $892/mo. Lease runs until Jan. 1, 2033. One assigned parking space with adjacent visitor parking. One pet allowed weight under 30 pounds. See document links for copy of lease, Rule and Regulations, home certificate of title and Performance Verification Certificate. Walking distance to the beach, restaurants and downtown Oceanside. Park information at https://miramarmhc.com/

Mortgage Calculator

Est. Monthly Payment

$2,400

Principal & Interest$1,911
Property Tax$378
Insurance$110
%($75,600)
%

Location

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Investment Score

78A
Est. Monthly Rent
$2,431
Monthly Cashflow

Rent − PITIA

+$32
Full Cashflow

Incl. vacancy, PM, maint, capex

$-843

Mortgage (P+I)
$1,911
Cap Rate
3.39%
Cash-on-Cash
-13.37%
DSCR

Need ≥ 1.25 for DSCR loan

1.01
Break-even Rent
$3,525

NOI (Annual)
$12,826
Price-to-Rent

Lower = better for investors

13.0

* 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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