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Proposed Settlement Date

Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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Rare-Gem: Dazzlingly remodeled, steps to the sand, ground-level beach condo in the coveted oceanfront community!

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Oceanside, CA 92054

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$1,399,000
2
2
1,041
sq. ft.
$1,344
per sq ft
Heated sq ft: 1,041 sq ft
Avg Nightly Rate: $230
Home Legally Sleeps: 6
Occupancy Rate: 75 weeks
Annual Gross Income : 45000
Annual Net Operating Income : 33750
Property Type: Condo (high rise or low rise)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Beach, Business Stay, Couples/Romance
New Construction: Inquire
Days on Vrolio: 732

Property Description

This is your chance to own one of the most sought-after resort-like communities in coastal North County San Diego! Own your long-awaited dream home or 2nd home. Fully remodeled in 2020 with high-end finishes, this ultra-modern beach abode is perfect for those who crave unpretentious luxury in their coastal living search. The chef's kitchen features sparkling quartz countertops, expansive custom two-tone cabinetry, and a designer, sea-tone tile backsplash. The spacious redesigned open layout is perfect for entertaining, while the coastal wood-like vinyl tile flooring throughout gives the home a crisp, clean feel. Bright and airy, the living room beckons for rest and relaxation when not strolling The Strand or watching passersby. Completing this striking space is a sleek, two-tone tile surround with a new, set-in gas fireplace. The North-facing primary bedroom features an ensuite bath with a fully tiled walk-in shower, pebble stone floor, privacy glass pony wall, custom storage, and coastal farmhouse barn door. The second bedroom offers an equally appointed, bright retreat complete with added storage, and comfortable furnishings. Enjoy a uniquely designed guest bathroom featuring a modern, euro-frameless shower door, and azure blue tile accents. North Coast Village is a highly desired community for its prime oceanfront location, proximity to the Oceanside Harbor, military base Camp Pendleton, area attractions, and extensive list of amenities for residents (and guests). The resort-like, oceanfront community showcases expertly maintained floral and fauna gardens, live koi pond, waterfall features, 2 pools, 2 bubbling jacuzzis, an expansive fitness center complete with his/hers saunas, game rooms, newly developed putting green, community BBQ grills, newly refurbished laundry facilities and more! Highlighted security features include 24-hour on-site patrol and completely gated access to the community.

Presented by:
Agent:
Adriana Meza
Rancho Coastal Properties Inc.
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 352
Low: 180
Peak: 352
Special Event: 450
Avarage: 230.00
Furniture Age
2
Est Value of Furnishings
$25,000
Peak & High Seasons
June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Owners have used it as a second home, and now they are ready to move on to other projects.
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
45000
Net Operating Income
33750
Stories
1
Additional Indoor Rooms
Living Room
Appliances
Dishwasher, Electric appliances, Full stove, Garbage Disposal, Microwave, Oven, Refrigerator
Heating/Cooling
Wall Unit Heat
Floor Coverings
Other
Security
No
Security Description
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Energy Star certified windows
Year built
1981
Outdoor Features
Other
View
Beach, Ocean
Backyard Exposure
North
Lot Size
individual condo
Community Features
Clubhouse, Community Hot Tub, Community Pool(s), Fitness Center, Gated Community, Guard Gated Community, Ocean Access
Tax Amount/Year
$8,359
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Clubhouse, Community Hot Tub, Community Pool(s), Fitness Center, Gated Community, Guard Gated Community, Ocean Access
Mandatory HOA
Inquire
Home Legally Sleeps:
6
Onsite Parking
1 assigned space in gated community garage
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
Yes, 2-night minimum stay in the City, properties are required to be permitted EXCEPT those at North Coast Village (this complex). All short-term properties must submit tourism taxes to the City (11.5% of the reservation) via their City tax certificate. These are non-transferable See more information in these links: https://www.ci.oceanside.ca.us/gov/finance/revenue/str.asp, https://www.ci.oceanside.ca.us/gov/dev/planning/str.asp
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$11.50
Minimum Nightly Rental
2 Days
Rental Length Requirement
Yes , (2-night minimum stay in the City, properties are required to be permitted EXCEPT those at North Coast Village (this complex). All short-term properties must submit tourism taxes to the City (11.5% of the reservation) via their City tax certificate. These are non-transferable See more information in these links: https://www.ci.oceanside.ca.us/gov/finance/revenue/str.asp, https://www.ci.oceanside.ca.us/gov/dev/planning/str.asp)
Has Rental History
Yes
Established Rental History
3 Years
Occupancy Rate
75
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$25.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
Bookings can be transferred to other properties within the inventory or transfer to the new buyer less management commissions and fees.
 
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Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
Inquire
Advertising & Tech Costs (Annual)
$499.00
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$1,200.00
Water/Sewer (Annual)
Inquire
Cable/Interbet (Annual)
$2,160.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$8,358.92
Homeowner's Insurance (Annual)
$700.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$8,100.00
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Rancho Coastal Properties Inc., 442-999-0259

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