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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

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    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.
    (760) 421-4500
    Request Owner's contact information
    722718 Freeman St Oceanside, CA 92054
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    Oceanside, CA 92054
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    722718 Freeman St Oceanside, CA 92054
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