901 Pacific Street

901 Pacific Street

D

Oceanside, CA 92054

$2,240,000

Beds

3

Baths

2.5

Sqft

1,567

Year Built

1989

Days on Market

12

Property Type

Condo

HOA/mo

$610

MLS ID

NDP2601618

Description

An Extraordinary Opportunity To Live Right On The Coast, Waking Up To The Sounds Of The Ocean. Watch The Waves, Surfers & Dolphins, Relax In The Evening Enjoying The Sunset. Beautifully Remodeled Single Level 3 Bedroom 2-1/2 Bathroom Home On The Top Floor With Elevator Access Steps Away From Your Front Door In A Meticulously Maintained 12 Unit Gated Complex. Enjoy Incredible Ocean Views From Living Room, Dining Room, Kitchen & Primary Bedroom. Kitchen Features Granite Counters, Stainless Steel Appliances Including CAFÉ Refrigerator, Farmhouse Sink, Pantry With Custom Door & Breakfast Bar. Dining Room Seats 6 Or More. Floor To Ceiling Natural Ledger Stacked Stone Electric Fireplace In Living Room For Year Round Enjoyment Complimented By Vaulted Ceiling With Mood Lighting. 2 Mirrored Walls Enhance The Ocean View. Primary Bedroom Boasts Stunning View Of The Pacific & Abundant Natural Light. Primary Bath With Dual Sinks, Quartz Counters, Walk In Shower With Bench, Linen Storage & Walk In Closet. Private Deck Accessible From Living Room & Primary Bedroom. 2nd Bath Features Premier Alcove Whirlpool Tub With 11 Adjustable Jets For a Personalized Full Body Massage & ½ Bath Boasts Horow Smart Toilet. Dual Paned Windows, Wood Floors & Crown Molding Throughout. New Cabinets, Doors, HVAC, Plumbing, Recessed Lighting, Custom Shades & Paint. Tankless Water Heater. 2 Parking Spaces In Secure Garage. Each Unit Has Its Own Storage Closet In Garage For Beach Gear. Slate On All Exterior Complex Floors & Decks. HOA Includes Water, Sewer, Trash, Common Area Maintenance & Building Insurance. A Perfect Place For A Beach Lover To Call Home, An Investment Or A Vacation Rental Property. Minimum Rental Is 30 Days. Close To Dining, Shopping, Theaters And The Oceanside Pier.

Mortgage Calculator

Est. Monthly Payment

$14,830

Principal & Interest$11,327
Property Tax$2,240
Insurance$653
HOA$610
%($448,000)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$3,586
Monthly Cashflow

Rent − PITI − HOA

$-11,244
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,935

Mortgage (P+I)
$11,327
Cap Rate
-1.40%
Cash-on-Cash
-30.12%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.32
Break-even Rent
$14,830

NOI (Annual)
$-31,301
Price-to-Rent

Lower = better for investors

52.1

* Defaults: 20% down, 6.5% rate, 30yr.

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