Residential Income Property with
1229 Oasis Drive, Escondido, CA 92026
For Sale
New
$1,649,000
Completed in 2024, the property has a garage and driveway on site.
Property Size3,860 SF
Days on Market7
Property Features for 1229 Oasis Drive
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Amenities
Park, Sidewalks
Driveway, Garage, On Site
Building Details
Building Size
Year Built
Buildings
Stories
Listed By:
Andrew Malekie
(424) 312-9552
Source:
Evrealestate
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 8 at 6:00AM
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 Andrew Malekie
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Investment Insights
Based on property information with market context.
Built in 2024, this residential income property includes a garage and an on-site driveway.
Key Highlights
- Built in 2024
- Garage and driveway on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,798
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,960
$1.3M
Cap Rate 7%
$911,400
$911.4K
Cap Rate 9%
$708,867
$708.9K
Market Conditions
NOI Build-Up for 3,860 SF
Gross rent
$122.7K $31.80/SF
− Vacancy
−$6.8K −$1.75/SF
EGI
$116.0K $30.05/SF
− OpEx
−$52.2K −$13.52/SF
NOI
$63.8K $16.53/SF
Area
Escondido, CA
Vacancy
5.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,275,960
Cap Rate 7%
$911,400
Cap Rate 9%
$708,867
Alternative Uses
Best Use
Apartment 5plus
$911.4K
$797.5K – $1.06M
NOI $63,798 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,382 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
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Business Placement
Demographics for 92026, CA
52,797
Population
19,923
Households
2.7
Avg Household Size
40
Median Age
33%
College-Educated
86%
High-School Grad
36.1 sq mi
ZIP Area
1,463
Density / Sq Mi
$97,301
Median Household Income
$50,418
Median Earnings
$2,066
Median Rent
$664,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Residential income properties in Escondido, CA
Properties on Market for Residential income properties in Escondido
Frequently Asked Questions
What type of property is this?
Residential income property - Completed in 2024, the property has a garage and driveway on site.
Where is this residential income property located?
The property is located at 1229 Oasis Drive Escondido, CA.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: Built in 2024; Garage and driveway on site
