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309 Calle Montecito1 / 18 · Click to zoom

About this home

Exceptional investment opportunity in Oceanside! This well-maintained 2-bedroom, 1-bath condominium offers immediate rental income with a long-term tenant already in place paying $2,960 per month, making it an ideal turnkey addition to any investment portfolio. Located just minutes from the beach, shopping, dining, public transportation, and major commuter routes, this property combines strong rental appeal with an unbeatable coastal lifestyle. Inside, you'll find a bright and functional floor plan with spacious living areas, an updated kitchen, generous bedrooms, and abundant natural light throughout. One of the property's standout features is its private fenced backyard and covered patio an uncommon amenity for condo living that adds significant value and tenant appeal. Whether you're looking to expand your real estate portfolio or secure a coastal asset with immediate cash flow, this property offers a rare opportunity to own an income-producing home in one of Southern California's most desirable beach communities. Property to be sold with tenant in place. Buyer to cooperate with existing tenancy.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$430,000 · Jul 2021
📋 Assessed value$519,991
💵 Annual tax$5,745
🏫 School districtOceanside Unified School District

MLS #SR26151182MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$3,634
Principal & interest$2,933
Property tax$532
Home insurance$169
Down payment: $116,000Loan: $463,999

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.