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110 S Freeman Street, Oceanside, CA, 92054

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$2,200,000
77 Days On Site

110 S Freeman Street
Oceanside, CA 92054

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
2,369
SqFt
$929
/SqFt
1965
Built
County:
San Diego
Listed by Marie Jebavy of The Real Estate Consultants [email protected]
Call Now: 951-942-5001
Is this the home for you? We can help make it yours.
951-942-5001
110 S Freeman Street110 S Freeman Street110 S Freeman Street110 S Freeman Street
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Monthly Payment (Est.)

$10,037
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

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

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Listing Snapshot
Price 
$2,200,000
Days On Site 
77 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,369 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1196 Acres
Year Built 
1965
MLS® Number 
ND24183483
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 months agoStatus changed to Active
3 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.1196
Additional Property Use 
See Remarks
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
2369
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected
Water Source 
Public
Zoning 
Commercial/RH-U
Interior Features
Heating 
Space Heater
Interior 
In-Law Floorplan
Laundry Features 
See Remarks
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Exterior Features
Construction Details 
FrameStucco
Fencing 
Wood
Lot Features 
Paved
Roof 
See Remarks
Community Features
Financing Terms Available 
CashConventional
MLS Area 
92054 - Oceanside


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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