1202 N Pacific Street 206b, Oceanside, California 92054, Oceanside, 92054 - 2 bed, 2 bath
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1202 N Pacific Street 206b
Oceanside, California 92054
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
911Sq Ft
1,286,793Lot Size
Property Price
LIST PRICE$899,000
EST. MARKET VALUE
$860,332
4% AboveMARKET VALUE
SUMMARY
This Oceanfront Condominium represents a High-Potential Investment Opportunity, listed at $899,000—positioned above the $860,333 Fair Market Value. While priced slightly above current estimates, the property’s Mint Condition Rating and rare HOA-approved short-term rental status provide immediate income-generating potential. Featuring panoramic marina and ocean views, a private balcony, and modern quartz kitchen upgrades, this asset offers a premium coastal lifestyle. It is an ideal acquisition for Buy-and-Hold Investors seeking high-yield vacation rentals or Owner-Occupants desiring a turnkey, luxury beachside residence.
Estimated Market Value
$860,332
Based on Realkey algorithm analyzing recent comparable sales in Oceanside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1202 N Pacific Street 206b Subject 2 bd · 2 ba · 911 sqft · $944 | $899,000* List Price | 2 | 2 | 911 | $944 | - |
A 910 N Pacific 40 Sold 2 bd · 2 ba · 1,226 sqft · $816 · 0.4 mi | $1,000,000 | 2 | 2 | 1,226 | $816 | 0.4 mi |
B 910 N Pacific Street 49 Sold 2 bd · 2 ba · 1,103 sqft · $772 · 0.4 mi | $852,000 | 2 | 2 | 1,103 | $772 | 0.4 mi |
C 999 N Pacific F103 Sold 1 bd · 1 ba · 760 sqft · $941 · 0.3 mi | $715,000 | 1 | 1 | 760 | $941 | 0.3 mi |
D 999 N Pacific Street C201 Sold 1 bd · 1 ba · 760 sqft · $855 · 0.3 mi | $650,000 | 1 | 1 | 760 | $855 | 0.3 mi |
E 835 N Cleveland Street E Sold 2 bd · 3 ba · 1,188 sqft · $699 · 0.4 mi | $830,000 | 2 | 3 | 1,188 | $699 | 0.4 mi |
F 999 N Pacific St F204 Sold 1 bd · 1 ba · 760 sqft · $941 · 0.3 mi | $715,000 | 1 | 1 | 760 | $941 | 0.3 mi |
G 999 N Pacific Street G108 Active 1 bd · 1 ba · 762 sqft · $917 · 0.3 mi | $699,000 List Price | 1 | 1 | 762 | $917 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1974, the interior has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with quartz countertops, stainless steel appliances, and upgraded cabinetry. The unit shows in mint condition with contemporary wood-look flooring and updated fixtures throughout, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Waterfront Location
Situated on a unique strip between the beach and Oceanside Harbor, this property offers rare dual access to coastal and marina lifestyles with panoramic water views.
- Investment Versatility
The HOA-approved status for short-term rentals, combined with its gated community security, makes this an ideal high-yield investment or vacation home.
- Substantial Buyer Incentives
The seller is offering a generous $25,000 credit toward closing costs or an interest rate buydown, significantly improving affordability for prospective buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1286793, other record lot size in square feet = 1476612.
- High Carrying Costs
The monthly HOA fee of $1,013 is relatively high for a two-bedroom unit under 1,000 square feet, which may impact the overall return on investment.
- Building Age
Constructed in 1974, the property may face long-term maintenance considerations or special assessments common in older coastal condominium complexes.
About 1202 N Pacific Street 206b
*** $25000 SELLER CREDIT TOWARD BUYER CLOSING COSTS OR INTEREST- RATE BUYDOWN WITH AN ACCEPTABE OFFER AT ASKING PRICE***VIEW, VIEW, WIEW***Experience truly exceptional coastal living in this gorgeous oceanfront 2-bedroom , 2 Bath residence located in the highly sought-after, gated Marina Del Mar community. HOA Approved Building for SHORT RENTAL. Perfect for residential home, second home or Investment Property. For beach and ocean enthusiasts, no location could be more suitable than this beautiful oceanfront, harbor-front beach home. Step onto your private balcony to enjoy morning warmth and refreshing coastal breezes. Designed for both comfort and style. It features tasteful upgrades throughout including quartz countertops, stainless steel appliances, custom built-ins and upgraded cabinetry. Marina Del Mar is located on a strip of land between the beach and Oceanside Harbor. The harbor area hosts several restaurants, bars, a coffee shop, an ice cream shop, a fish market, and numerous facilities for recreational activities - such as boat, paddleboard, and kayak rentals, SUPs, deep-sea fishing, whale watching, and boat slips at the friendly, affordable yacht club. You could even get a slip within sight from your condo! Only a mile away are the restaurants and amenities of the Oceanside pier and downtown are only a mile away. Located between Orange County, San Diego, & the wineries of Temecula, Oceanside is a centerpiece of coastal Southern California and has one of the best beaches in SD county. One assigned covered Parking spot and Guest parking spot on site.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 1,286,793 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1013.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 911 | 1,071.232 |
| Lot Size | 1,286,793 | 55,759.858 |
| Price | $899.0K | $576.2K |
| Price per sq ft | $987 | $544 |
| Built year | 1974 | 1988 |
| HOA | $1013.0 | $530 |
| Days on market | 24 | 58 |
Pricing History
Listed for Sale
Oct 1, 2026
$899,000
Initial Listing
Sold
Jul 24, 2020
$575,000
Public Record
Sold
Dec 26, 2012
$345,000
Public Record