Four-Unit Apartment Property with
New
For Sale
$1,795,000
1144 S Nevada, Oceanside, CA 92054
Each residence includes two bedrooms, two bathrooms, and a private attached garage.
Property Size3,151 SF
Days on Market7
Property Features for 1144 S Nevada
General Information
Standard status
Active
Size
3,151 SF
Total Parking Spaces
4
Property subtype
Residential Income
Net Operating Income
$71,273
Site & Location
Neighborhood
South Oceanside
Units
Unit Mix
4 x 2BR/2BA
Multifamily Units
4
Amenities
Sidewalks
Building Details
Building Size
3,151 SF
Year Built
1990
Buildings
1
Stories
2
Listing Agency:
The CREM Group
Listed By:
Mark Cianciulli · License #01990266
(323) 208-9512
Source:
Evrealestate
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 26 at 4:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The CREM Group
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Investment Insights
Based on property information with market context.
This four-unit residential property offers a consistent layout across all residences: two bedrooms, two bathrooms, and a private attached one-car garage per unit.
The property is at 1144 S Nevada in Oceanside, a few blocks from the beach.
The property is at 1144 S Nevada in Oceanside, a few blocks from the beach.
Key Highlights
- Four residential units, each with two bedrooms and two bathrooms
- Each unit includes a private attached one‑car garage
- Located a few blocks from the beach in Oceanside
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,445
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,088,900
$1.1M
Cap Rate 7%
$777,786
$777.8K
Cap Rate 9%
$604,944
$604.9K
Market Conditions
NOI Build-Up for 3,151 SF
Gross rent
$83.2K $26.40/SF
− Vacancy
−$5.4K −$1.72/SF
EGI
$77.8K $24.68/SF
− OpEx
−$23.3K −$7.41/SF
NOI
$54.4K $17.28/SF
Area
Oceanside, CA
Vacancy
6.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,088,900
Cap Rate 7%
$777,786
Cap Rate 9%
$604,944
Alternative Uses
Best Use
Multifamily LT 5
$777.8K
$680.6K – $907.4K
NOI $54,445 @ 7.0% cap · market cap 3.03%
Second Best
Apartment 5plus
$697.1K
$610.0K – $813.3K
NOI $48,799 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$1.05M
$922.2K – $1.23M
NOI $73,773 @ 7.0% cap · market cap 4.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
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Business Placement
Demographics for 92054, CA
38,667
Population
18,113
Households
2.1
Avg Household Size
38
Median Age
36%
College-Educated
86%
High-School Grad
7.5 sq mi
ZIP Area
5,156
Density / Sq Mi
$76,974
Median Household Income
$38,716
Median Earnings
$1,847
Median Rent
$851,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence includes two bedrooms, two bathrooms, and a private attached garage.
Where is this quadplex located?
The property is located at 1144 S Nevada Oceanside, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Four residential units, each with two bedrooms and two bathrooms; Each unit includes a private attached one‑car garage; Located a few blocks from the beach in Oceanside
