OCEANSIDE PROPERTY MANAGEMENT

ABOUT OCEANSIDE

Oceanside is a coastal city in the northernmost part of San Diego. It is home to the marine corps base Camp Pendleton, making it a great spot for military couples and families. There are fantastic beaches in the area including Harbor Beach, Breakwater Way, and Oceanside Pier. You can learn to surf, go fishing, or go on a whale watching excursion. There are great biking trails and many biking events, such as Race Across America and Bike the Coast-Taste the Coast. If you’re a fan of fresh, organic produce, you’ll love the weekly Farmers Market.

For indoor activities, there are fun museums in Oceanside. Check out the California Surf Museum to learn more about surf culture and the influence it has in San Diego. The Museum of Making Music is perfect for you if you want to know about the history of music and the vast changes it has gone through in the last century.

Oceanside is home to many great schools for your kids. Good elementary school options include Bonsall West Elementary and Ivey Ranch Elementary. Schools such as Mary Fay Pendleton Elementary and North Terrace go from kindergarten all the way through 8th grade. Mission Vista and El Camino are both great high schools in the area. For more information on schools in Oceanside, click here.

There are numerous options for transportation in Oceanside. You’re roughly 45-50 miles away from both the San Diego Airport as well as the Orange County Airport. There are a few different light rail tracks in the city as well. Amtrak’s Pacific Surfliner can take you anywhere between Oceanside and Santa Barbara. The Coaster takes you from Oceanside to downtown San Diego and the Metrolink services the area up through Orange County and Riverside.

Home Prices in Oceanside

These are the year to date stats as of October 2021. For monthly stats, visit the San Diego Association of Realtors website.

  • Oceanside South 92054: $958,750 SFH; $720,000 Condo
  • Oceanside North 92057: $735,000 SFH; $426,250 Condo
  • Oceanside East 92056: $761,500 SFH; $525,000 Condo
  • Oceanside Central 92058: $707,000 SFH; $450,000 Condo

Rental Rates in Oceanside 

The average single family home in Oceanside rents for around $2,600-$2,700. Condos are lower at around $2,300 and one bedrooms are around $1,800. 


 

Pros of Investing in Oceanside 

Its Coastal location, more affordable properties, and proximity to Camp Pendleton make Oceanside one of the best rental property investment areas in the county.

Cons of Investing in Oceanside 

Certain pockets are highly recommended to avoid due to higher crime rates. It can be hard to find as high caliber of vendors that service far North County as in central San Diego. 

Oceanside Prices

Neighborhoods by Price 

The map above shows the ranges of home prices in Oceanside. The darker the area, the higher the price. 

Sample Deals in Oceanside

673 Parker Street - Full Deal Report 

  • $455,000 purchase price ($108,650 cash needed) 
  • -$591/month cash flow
  • 3% cap rate
  • -6.5% COC 

The 4B homes to the north of highway 76 are popular year round and rent quickly. Many of them have lovely yards and sunrooms that renters find very appealing. This property is nice but the carpet is old, so $4000+ should be accounted for to upgrade the flooring, which would drive both the value and rents up.

2132 Oceanside Blvd - Full Deal Report 

  • $238,000 purchase price ($54,740 cash needed) 
  • $33/month cash flow 
  • 4.7% cap rate 
  • 0.7% COC 

How does a 2B/1.5BA condo just a couple miles from the Pacific Ocean for $238,000 sound? How about if it also cash flows positively? This is a fantastic investment that is sure to appreciate while your tenants pay your mortgage and you pocket a few dollars per month (even factoring in having a property manager!).

WHAT TO AVOID IN Oceanside NEIGHBORHOODS

When choosing where to buy your investment property, you should be on the lookout for a few things. These things can be a red flag for the kind of area you want to avoid.

Trash in the front or backyard
Vandalism nearby (graffiti, damaged property, etc.)
Multiple vacant homes close by
Poor street light; street feels unsafe
Backs up or is close to a major highway or freeway
Foundation issues

OCeanside Property Management

Good Life Property Management has become experts in Oceanside property management over the last 7 years. As a result, we know how to effectively market and manage your Oceanside home. We find that days on market are average when compared to other areas and vacancy is about average as well. Oceanside property management can be challenging, but doesn’t have to be with Good Life.

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