Oceanside, CA 92054,110 S Freeman ST
Oceanside, CA 92054,110 S Freeman ST
Oceanside, CA 92054,110 S Freeman ST
Oceanside, CA 92054,110 S Freeman ST
Oceanside, CA 92054,110 S Freeman ST
Oceanside, CA 92054,110 S Freeman ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,200,000
Est. payment | /mo

5,209 Sqft Lot


Save
$ 2,200,000
Est. payment | /mo
Save

5,209 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID ND24183483

HOA Y/N No

Year Built 1965

Lot Size 5,209 Sqft

Property Description

Prime Investment Opportunity in Oceanside: Mixed-Use Property with Growth Potential
This exceptional mixed-use property offers a rare investment opportunity in Oceanside. It combines commercial and residential units in a rapidly growing area. Perfectly positioned to benefit from the city's ongoing development and rising real estate values, this property presents a diversified income stream and long-term appreciation potential.
Property Highlights:
Mixed-Use Investment: This property features retail and residential units, providing multiple revenue sources and catering to a diverse tenant base.
Prime Location Advantages:
Close to Ocean: Just five blocks from the beach, enhancing the appeal of retail and residential spaces.
Downtown Proximity: Within walking distance to shopping, dining, and entertainment, increasing tenant and customer demand.
Adjacent to 1010 Building: Near a prominent hotel and live-work lofts, which drive foot traffic and support potential rent growth.
Current Financial Performance:
Commercial Units: Two retail spaces currently rented at $1,590 each, with potential for rent adjustments, likely under market value.
Residential Units:
Two-Bedroom Unit: Recently remodeled and available for rent, presenting a fresh opportunity for new tenants.
Beach Cottage: Includes a one-car garage, rented at $2,000, with room for potential rent increases.
Parking: Convenient back alley with four parking spaces.
Investment Growth Opportunities:
Rent Increases: Potential to adjust rents across all units, mainly if current rates are below market.
Appreciation Potential: Oceanside's real estate market has thrived, with property values rising significantly in recent years. Ongoing developments like the 1010 Building and other downtown enhancements are expected to boost property values further.
Future Development Plans: Oceanside’s 2023 Downtown Development initiatives highlight continued growth, projecting increased demand for commercial and residential spaces. This property is well-positioned to benefit from these future enhancements.
Why Invest in Oceanside? Oceanside continues to be one of Southern California’s thriving coastal communities, attracting investors with its favorable market trends, coastal location, and strategic city development plans. The area's investment potential is backed by ongoing growth in commercial and residential sectors, making this property an attractive opportunity for immediate revenue and long-term appreciation

Location

State CA

County San Diego

Area 92054 - Oceanside

Zoning Commercial/RH-U

Rooms

Other Rooms Living Quarters

Interior

Heating Space Heater

Cooling None

Fireplace No

Laundry See Remarks

Exterior

Fence Wood

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Waterfront Description Ocean Side Of Freeway

Roof Type See Remarks

Present Use See Remarks

Total Parking Spaces 4

Building

Lot Description Paved, Street Level, Walkstreet

Story 2

Water Public

Additional Building Living Quarters

Others

Tax ID 1472821000

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Marie Jebavy • The Real Estate Consultants • 760-212-9193

GET MORE INFORMATION

Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

Name

Phone*

Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

110 S Freeman ST