$1,060,000
SOLD MAY 2, 2025

1422 Dubuque St Oceanside, CA 92058

East Side Capistrano Neighborhood
-- Bed
-- Bath
2,548 Sq Ft
5,153 Sq Ft Lot

Recently Sold

$416 Per Sq Ft

12% Below List Price

35 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 5-minute walk to Joseph Balderrama Park
  • Park
  • No Heating

About This Home

As of May 2025

Prime Investment Opportunity in Oceanside-This triplex offers a fantastic chance to generate income in a prime location near Joseph Balderrama Park and with convenient access to the 5 Freeway. The property features a remodeled downstairs unit with 2 bedrooms and 1 bathroom. The two upstairs units each include 1 bedroom and 1 bathroom. Additional highlights include four garage units with alley access, providing extra income potential as rental storage or parking spaces, and a brand-new electrical panel installed in 2024 for enhanced safety and reliability. Tenants will appreciate the small, fenced front yard for relaxation and the shared on-site laundry room for added convenience.

Last Agent to Sell the Property

Michelle Galeoto

First Team Real Estate Brokerage Email: lamoureux.michelle@gmail.com License #02099366 Listed on: 01/22/2025

First Team Real Estate

Last Buyer's Agent

Sima Mehrazar

Exceptional Realty License #02221387

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 5,153 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,548 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 324
  • Assessor Parcel Number 1480161700
  • $80 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $1,680
  • Electric Expense $1,012
  • Insurance Expense $1,358
  • Trash Expense $1,183
  • Water Sewer Expense $5,042
  • New Taxes Expense $15,000
  • Operating Expense $41,247
  • Gross Income $40,800
  • Net Operating Income $76,264

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 3.80
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 5042.00
  • Zoning: R-3: Restricted Multiple
  • Property Type: Residential Income
  • Parcel Number: 1480161700
  • Year Built: 1979
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 416.01

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1183.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Park

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5153.00
  • Lot Size Acres: 0.1183

Multi Family

  • Cable TV Expense: 1680.00
  • Electric Expense: 1012.00
  • Gross Income: 40800.00
  • Gross Scheduled Income: 87600.00
  • Insurance Expense: 1358.00
  • Lot Size Area: 5153.0000 Square Feet
  • Net Operating Income: 76264.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 21695.00
  • Rent Control: No
  • Total Expenses: 41247.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Lot: 17
  • Tax Tract Number: 324
  • TaxOtherAnnualAssessmentAmount: 79.52

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2025 05/02/25 Sold $1,060,000 -11.7% $416 / Sq Ft
02/26/2025 02/26/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $1,200,000 -- $471 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Michelle Galeoto

    First Team Real Estate

    Section Image

  • S

    Buyer's Agent in 2025

    Sima Mehrazar

    Exceptional Realty

    (858) 503-1220

    1 in this area

    1 Total Sale

    Sima Mehrazar
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2500709

California Regional Multiple Listing Service (CRMLS)

APN: 148-016-17-00

California San Diego County Oceanside 92058 East Side Capistrano

1422 Dubuque St, Oceanside, CA

Sold

MultiFamily

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