Remodeled Duplex
New
For Sale
$539,000
3873 Bay Leaf Way, Oceanside, CA 92057
MULTI_FAMILY - Oceanside, CA
Property Size1,064 SF
Lot Size0.04 Acres
Price / SF$506.58
Days on Market7
Property Features for 3873 Bay Leaf Way
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-1:SINGLE FAM-RES
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Family Room, Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2, Bathroom 2
Parking
1
Lot features
Level, Greenbelt
View
Park
Elementary school district
Oceanside Unified
Middle school district
Oceanside Unified
High school district
Oceanside Unified
Directions
Mesa Dr to Vanilla Way to Bay Leaf Way
Subdivision
92057 - Oceanside
Standard status
Active
APN
1604221300
Size
1,064 SF
Lot size
0.04 Acres
Taxes and HOA fees
HOA Fee
$460 Monthly
Building Details
Year built
1975
Floors in Building
1
Listing Agency:
First Team Real Estate
(760) 729-3333
Listed By:
Kim Trinh · License #01447369
(949) 988-3000
Added: Jul 29
Changed: Aug 4
Last Checked: Aug 4 at 11:06PM
MLS# NDP2607285
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,064-square-foot duplex property was built in 1975 and has been remodeled with contemporary upgrades. The interior includes two bedrooms, two bathrooms, a family room, and a laundry room, with an open arrangement that connects the main living areas. A private patio adds outdoor space, while the 0.04-acre lot supports a low-maintenance residential setting.
The property is located within Oceana East I, a 55+ community in Oceanside. Shopping, restaurants, golf, medical facilities, and beaches are identified as nearby amenities. Zoning is R-1:SINGLE FAM-RES.
The property is located within Oceana East I, a 55+ community in Oceanside. Shopping, restaurants, golf, medical facilities, and beaches are identified as nearby amenities. Zoning is R-1:SINGLE FAM-RES.
Key Highlights
- 1,064 square feet on a 0.04‑acre lot
- Remodeled interior with contemporary upgrades
- Two bedrooms, two bathrooms, family room, and laundry room
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $26.40 |
| − Vacancy | −$1.8k | −$1.72 |
| EGI | $26.3k | $24.68 |
| − OpEx | −$7.9k | −$7.41 |
| NOI | $18.4k | $17.28 |
1,064 SF · lease $26.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$262.6K
$229.8K – $306.4K
NOI $18,385 @ 7.0% cap · market cap 3.41%
Second Best
Apartment 5plus
$235.4K
$206.0K – $274.6K
NOI $16,478 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$355.9K
$311.4K – $415.2K
NOI $24,911 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
359
Businesses Nearby
Explore this area
Business Placement
Demographics for 92057, CA
57,844
Population
19,660
Households
2.9
Avg Household Size
39
Median Age
32%
College-Educated
85%
High-School Grad
15.0 sq mi
ZIP Area
3,856
Density / Sq Mi
$106,421
Median Household Income
$45,266
Median Earnings
$2,457
Median Rent
$691,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated residence with an open layout, private patio, and low-maintenance setting in a 55+ community.
Where is this duplex located?
The property is located at 3873 Bay Leaf Way Oceanside, CA.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: 1,064 square feet on a 0.04‑acre lot; Remodeled interior with contemporary upgrades; Two bedrooms, two bathrooms, family room, and laundry room
