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.
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,111
Businesses Nearby
Explore this area
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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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
