$1,070,000
●
House -
Off Market
2704 Merlin Place
Oceanside, CA 92054
3 Beds
2 Baths
1,121 Ft²
$4,911
Est. Monthly
About This Property
Welcome to 2704 Merlin Place, a fully updated, turnkey home that is
packed with carefully thought-out upgrades and finishes inside and
out. Settled in a cul-de-sac on a 1/4 acre in the Loma Alta
neighborhood, the home truly exemplifies coastal California
indoor/outdoor living. Inside you will find an open floor plan
suited with double pane vinyl windows, newly updated kitchen and
bathrooms, with custom cabinetry, quartz countertops, vinyl plank
flooring and stainless steel appliances. Step through the Trifold
cantina sliding door and onto the bamboo composite decking where
you can gaze out to the spacious and private backyard and views
beyond. Have dinner and drinks on the new paver patio or kick a
soccer ball on the lawn. Pulling out all the stops, you will find
owned solar on the NEW roof, PEX piping water supply lines
installed in the attic (no slab plumbing), A NEW water heater,
epoxy-lined sewer line, NEW irrigation, updated Electrical panel
and outlets. This home is truly magical like the legend of Merlin.
Unit Size
1,121 Ft²
Days on Market
21 days
Land Size
0.25 acres
Price per sqft
$892
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #NDP2605864)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Jun 8, 2026 | Listed by Keller Williams SanDiego Metro | $999,999 | |
| Listed by Keller Williams SanDiego Metro | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Loma Alta
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Listed by: Chris Abad, Keller Williams SanDiego Metro
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NDP2605864
Last Updated: 4 months ago
Data Source: CRMLS, MLS# NDP2605864
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