Four-Unit Quadplex with
128 Avenida Las Brisas, Oceanside, CA 92057
For Sale
$1,800,000
The property combines three two-bedroom apartments with a three-bedroom residence, private outdoor areas, and assigned parking.
Property Size4,097 SF
Price / SF$439.35
Days on Market13
Property Features for 128 Avenida Las Brisas
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Tenant in Place
Amenities
onsite laundry room
owner's work/storage room
vinyl fencing
hot water circulation pump
Building Details
Year Built
Listing Agency:
Sundial Real Estate
Listed By:
Stephan McLaughlin
(310) 350-5067
Source:
Viewsandiegorealestate
Added: Oct 27
Changed: Nov 7
Last Checked: Nov 7 at 7:57PM
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 Sundial Real Estate
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Investment Insights
Based on property information with market context.
Built in 1979, this 4,097-square-foot quadplex includes one three-bedroom, two-bath townhome and three two-bedroom, two-bath apartments. The townhome has an attached two-car garage, private laundry, and a patio and yard. Among the apartments, one has a private yard and covered patio, while the other two have covered balconies. A shared laundry room serves the apartment units, and the property also includes an owner’s work and storage room, vinyl fencing, and a hot water circulation pump. The roof was replaced in 2019.
Each residence is assigned two parking spaces. Parking includes four covered carports, two uncovered spaces, and the townhome’s attached garage. The property is on a cul-de-sac in North Oceanside, with shopping, local highways, downtown, and area beaches noted nearby. There is no HOA.
Each residence is assigned two parking spaces. Parking includes four covered carports, two uncovered spaces, and the townhome’s attached garage. The property is on a cul-de-sac in North Oceanside, with shopping, local highways, downtown, and area beaches noted nearby. There is no HOA.
Key Highlights
- Four units: one 3‑bedroom, 2‑bath townhome and three 2‑bedroom, 2‑bath apartments
- 4,097 square feet; built in 1979; roof replaced in 2019
- Townhome features an attached 2‑car garage, private washer and dryer, and patio and yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,791
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,415,820
$1.4M
Cap Rate 7%
$1,011,300
$1.0M
Cap Rate 9%
$786,567
$786.6K
Market Conditions
NOI Build-Up for 4,097 SF
Gross rent
$108.2K $26.40/SF
− Vacancy
−$7.0K −$1.72/SF
EGI
$101.1K $24.68/SF
− OpEx
−$30.3K −$7.41/SF
NOI
$70.8K $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%
$1,415,820
Cap Rate 7%
$1,011,300
Cap Rate 9%
$786,567
Alternative Uses
Best Use
Multifamily LT 5
$1.01M
$884.9K – $1.18M
NOI $70,791 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$906.4K
$793.1K – $1.06M
NOI $63,450 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,921 @ 7.0% cap · market cap 5.33%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
355
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
$691,900
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in San Diego County, CA
Properties on Market for Quadplexes in San Diego County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - The property combines three two-bedroom apartments with a three-bedroom residence, private outdoor areas, and assigned parking.
Where is this quadplex located?
The property is located at 128 Avenida Las Brisas Oceanside, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Four units: one 3‑bedroom, 2‑bath townhome and three 2‑bedroom, 2‑bath apartments; 4,097 square feet; built in 1979; roof replaced in 2019; Townhome features an attached 2‑car garage, private washer and dryer, and patio and yard
