Residential Income Property with Island
For Sale
$605,000
Pending
4438 Kittiwake Way, Oceanside, CA 92057
Interior improvements include a center kitchen island, stainless steel appliances, and a dual-sink bathroom vanity.
Property Size1,092 SF
Days on Market63
Property Features for 4438 Kittiwake Way
General Information
Standard status
Pending
Size
1,092 SF
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
The Real Estate Consultants
Listed By:
Marie Jebavy marie@mariejebavy.com
Source:
Findhomesinsandiegoarea
Added: Aug 17
Changed: Oct 16
Last Checked: Oct 16 at 2:22PM
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 Real Estate Consultants
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Investment Insights
Based on property information with market context.
The residence features a remodeled kitchen with white shaker cabinets, marble-look counters, a matching full-height backsplash, and a center island with seating. Stainless steel appliances include a built-in microwave. Wood flooring and pendant lights complement the cabinetry, and a window above the sink brings in daylight. The living room has large windows fitted with plantation shutters.
The bathroom includes a glass-enclosed walk-in shower, dual-sink vanity, quartz counters, tile accents, and recessed lighting. The property was built in 1980 and is located at 4438 Kittiwake Way in Oceanside, California.
The bathroom includes a glass-enclosed walk-in shower, dual-sink vanity, quartz counters, tile accents, and recessed lighting. The property was built in 1980 and is located at 4438 Kittiwake Way in Oceanside, California.
Key Highlights
- Remodeled kitchen with center island and seating
- White shaker cabinetry with marble‑look counters and matching backsplash
- Stainless steel appliances, including a built‑in microwave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,912
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,240
$338.2K
Cap Rate 7%
$241,600
$241.6K
Cap Rate 9%
$187,911
$187.9K
Market Conditions
NOI Build-Up for 1,092 SF
Gross rent
$32.8K $30.00/SF
− Vacancy
−$2.0K −$1.84/SF
EGI
$30.7K $28.16/SF
− OpEx
−$13.8K −$12.67/SF
NOI
$16.9K $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%
$338,240
Cap Rate 7%
$241,600
Cap Rate 9%
$187,911
Alternative Uses
Best Use
Apartment 5plus
$241.6K
$211.4K – $281.9K
NOI $16,912 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$365.2K
$319.6K – $426.1K
NOI $25,566 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
255
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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Frequently Asked Questions
What type of property is this?
Residential income property - Interior improvements include a center kitchen island, stainless steel appliances, and a dual-sink bathroom vanity.
Where is this residential income property located?
The property is located at 4438 Kittiwake Way Oceanside, CA.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Remodeled kitchen with center island and seating; White shaker cabinetry with marble‑look counters and matching backsplash; Stainless steel appliances, including a built‑in microwave
