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722718 Freeman St Oceanside, CA 92054

Sponsored
For Sale
$3,200,000

Eight Units, Prime Oceanside Location

Property size:
4,252 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional investment opportunity presents a rare chance to acquire a multi-family property in the thriving Oceanside, CA market. The property, located at 722718 N Freeman Street, encompasses two parcels totaling 4,252 square feet and currently houses eight rental units. While current city regulations permit only six units (three per parcel), the existing eight units represent a valuable bonus, grandfathered into the zoning. This presents a significant advantage for future income generation and potential redevelopment. The property's strategic location offers unparalleled access to Oceanside's vibrant attractions. Situated within two miles of the Oceanside Harbor, Pier, beaches, Farmers Market, Thursday Night Sunset Market, an array of restaurants and shops, and the iconic Top Gun House, this location is ideal for both residents and tourists. The area is experiencing significant redevelopment, promising continued growth and increased property values. This makes this property an attractive investment for those seeking strong rental income and long-term appreciation potential in a rapidly developing coastal community. The combined parcels offer a substantial footprint, presenting possibilities for future expansion or renovation, subject to city approvals. This is a unique opportunity to capitalize on the burgeoning Oceanside market and secure a high-yield investment property with significant upside potential. The asking price is $3,200,000.

Property Features for 722718 Freeman St

General Information

Property type
Other commercial real estate
Square Feet
4,252 SF

Building Details

Year Built
1950

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Oceanside
County
San Diego
State
California
Longitude
-117.3729
Latitude
33.18144

FAQs

What type of property is this?
Commercial real estate - Eight Units, Prime Oceanside Location
Where is this commercial real estate located?
The property is located at 722718 Freeman St Oceanside, CA.
What is the asking price?
The asking price for this property is $3,200,000.
More about this property
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