Two-Bedroom
For Sale
$274,500
227 Bluebird Lane, Oceanside, CA 92057
Land ownership accompanies a two-bedroom residence within a gated community for adults 55 and older.
Property Size960 SF
Price / SF$285.94
Days on Market75
Property Features for 227 Bluebird Lane
General Information
Standard status
Active
Size
960 SF
Property subtype
Manufactured On Land
Site & Location
Neighborhood
North Valley
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
HOA Fee
$185
Amenities
clubhouse
library
fitness room
shuffle ball court
banquet/card room
basketball hoop
hobby room
kitchen
car wash
RV/boat parking
Building Details
Building Size
960 SF
Year Built
1978
Buildings
1
Listing Agency:
McAllister Homes Real Estate
Listed By:
Sinead McAllister-Clifford
(858) 205-5215
Source:
Mcallisterhomesrealestate
Added: Aug 17
Changed: Oct 29
Last Checked: Oct 29 at 2:33PM
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 McAllister Homes Real Estate
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Investment Insights
Based on property information with market context.
This 960-square-foot home in Oceanside has two bedrooms and two bathrooms, along with a separate laundry area and a primary bedroom closet. Built in 1978, the residence includes ownership of both the home and its land, with no space rent. The land is subject to annual property tax, while the home has annual HCD registration.
The property is approximately 6 miles from the coast. Community amenities include a clubhouse with a library, fitness room, banquet and card room, hobby room, and kitchen, plus a shuffleball court, basketball hoop, car wash, and RV and boat parking subject to availability. Water, sewer, and trash are included in the HOA.
The property is approximately 6 miles from the coast. Community amenities include a clubhouse with a library, fitness room, banquet and card room, hobby room, and kitchen, plus a shuffleball court, basketball hoop, car wash, and RV and boat parking subject to availability. Water, sewer, and trash are included in the HOA.
Key Highlights
- 960‑square‑foot home with 2 bedrooms and 2 bathrooms
- Built in 1978; ownership includes the land, with no space rent
- Located in a gated 55+ community
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,867
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$297,340
$297.3K
Cap Rate 7%
$212,386
$212.4K
Cap Rate 9%
$165,189
$165.2K
Market Conditions
NOI Build-Up for 960 SF
Gross rent
$28.8K $30.00/SF
− Vacancy
−$1.8K −$1.84/SF
EGI
$27.0K $28.16/SF
− OpEx
−$12.2K −$12.67/SF
NOI
$14.9K $15.49/SF
Area
Oceanside, CA
Vacancy
6.14%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$297,340
Cap Rate 7%
$212,386
Cap Rate 9%
$165,189
Alternative Uses
Best Use
Apartment 5plus
$212.4K
$185.8K – $247.8K
NOI $14,867 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$321.1K
$281.0K – $374.6K
NOI $22,476 @ 7.0% cap · market cap 8.19%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
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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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Frequently Asked Questions
What type of property is this?
Residential income property - Land ownership accompanies a two-bedroom residence within a gated community for adults 55 and older.
Where is this residential income property located?
The property is located at 227 Bluebird Lane Oceanside, CA.
What is the asking price?
The asking price for this property is $274,500.
What are key features of this property?
This property features: 960‑square‑foot home with 2 bedrooms and 2 bathrooms; Built in 1978; ownership includes the land, with no space rent; Located in a gated 55+ community
