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Duplex With Golf Course Views

2333 Nicklaus Drive, Oceanside, CA 92056

For Sale
$499,900

Two-bedroom residence with an enclosed patio room, attached garage, and cul-de-sac setting near shopping, dining, golf, and freeway access.

Property Size1,619 SF
Price / SF$308.77
Days on Market142

Property Features for 2333 Nicklaus Drive

General Information

Standard status Active
Size 1,619 SF
Total Parking Spaces 2
Property subtype Duplex

Property Condition

Severity Repairs Needed
Evidence A little updating and TLC

Site & Location

Neighborhood Mira Costa
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2 bedrooms 2.5 bath
Multifamily Units 1

Amenities

enclosed patio room
Fireplace
Forced Air
Fireplace(s)
Natural Gas
Dishwasher
Disposal
Gas Water Heater
Microwave
Refrigerator
Composition

Building Details

Year Built 1974
Buildings 1
Stories 2
Listed By: Michi Suzuki
Source: Kw
Added: Jun 25 Changed: Nov 12 Last Checked: Nov 12 at 1:37PM

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 Michi Suzuki

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Investment Insights

Based on property information with market context.

This duplex property includes 1,619 square feet with two bedrooms and 2.5 bathrooms. Interior features include a fireplace, forced-air heating, natural gas service, dishwasher, disposal, gas water heater, microwave, and refrigerator. An enclosed patio room extends the living area, while the attached two-car garage provides dedicated parking. The home was built in 1974 and has composition roofing.

The residence overlooks the 18th fairway of El Camino Golf Course and sits on a cul-de-sac within the El Camino Country Club neighborhood. Shopping, restaurants, golf, freeway access, schools, the beach, and the Coaster are all identified nearby. Sewer service is connected. A termite clearance has been completed, and the patio slab was installed on 8/23/17.

Key Highlights

  • 1,619‑square‑foot duplex with two bedrooms and 2.5 bathrooms
  • 180‑degree outlook across El Camino Golf Course’s 18th fairway
  • Enclosed patio room and attached two‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,974
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,480 $559.5K
Cap Rate 7%
$399,629 $399.6K
Cap Rate 9%
$310,822 $310.8K
Market Conditions
NOI Build-Up for 1,619 SF
Gross rent
$42.7K $26.40/SF
− Vacancy
−$2.8K −$1.72/SF
EGI
$40.0K $24.68/SF
− OpEx
−$12.0K −$7.41/SF
NOI
$28.0K $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%
$559,480
Cap Rate 7%
$399,629
Cap Rate 9%
$310,822

Alternative Uses

Best Use
Multifamily LT 5
$399.6K
$349.7K – $466.2K (±1% cap)
NOI $27,974 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$358.2K
$313.4K – $417.9K (±1% cap)
NOI $25,073 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$541.5K
$473.8K – $631.8K (±1% cap)
NOI $37,905 @ 7.0% cap · market cap 7.58%
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
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Lease Details

1
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,599
Businesses Nearby

Demographics for 92056, CA

53,750
Population
20,514
Households
2.6
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
12.3 sq mi
ZIP Area
4,370
Density / Sq Mi
$102,570
Median Household Income
$50,029
Median Earnings
$2,536
Median Rent
$696,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in San Diego County, CA

$840 Jul
$908 Aug
$918 Sep
$803 Oct

Properties on Market for Duplexes in San Diego County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom residence with an enclosed patio room, attached garage, and cul-de-sac setting near shopping, dining, golf, and freeway access.
Where is this duplex located?
The property is located at 2333 Nicklaus Drive Oceanside, CA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 1,619‑square‑foot duplex with two bedrooms and 2.5 bathrooms; 180‑degree outlook across El Camino Golf Course’s 18th fairway; Enclosed patio room and attached two‑car garage
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