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110 S Freeman Street, Oceanside, CA 92054

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For Sale

$2,100,000

3 beds • 3 baths • 1 half baths • 2,369 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $886.45
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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 are currently rented at $1,590, with potential for rent adjustments, likely under market value. Residential Units: Two-Bedroom Unit: Recently remodeled and rented for $2800. Beach Cottage: Includes a one-car garage, on the market at $3,000. 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.For more information call Agent Marie 760-212-9193 or Agent Jessi 760-543-0171
MLS# ND24184719

Courtesy Of The Real Estate Consultants

(760) 405-9060

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range
  • Architecture Style
    Contemporary
  • Floor Covering
    Carpet, Vinyl
  • Heating System
    Space Heater

Map and Directions

Directions to 110 S Freeman Street, Oceanside, CA 92054

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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