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Oceanside Multifamily Property Near Beach
For Sale
$3,200,000

722 &718 N Freeman St, Oceanside, CA 92054

Two parcels with eight units near beach and harbor.

Days on Market101

Property Features for 722 &718 N Freeman St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1950
Listing Agency: Pacific Sun Properties
Listed By: Cherise Zentic · License #01270681
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 5:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pacific Sun Properties

Investment Insights

Based on property information with market context.

Two parcels are being sold together, comprising a total of 8 units. The seller is open to selling the two parcels separately, provided they close concurrently. This property presents a significant opportunity in an area undergoing redevelopment and experiencing continuous improvement and growth, positioning it as a major tourist and beach destination. The location is less than a mile from the beach, Oceanside Harbor, Pier, Farmers Market, Thursday Night Sunset Market, restaurants, shops, and the Top Gun House. Four of the units have been recently remodeled. A new roof was installed in 2020/2021, and new fencing was added in 2024. The property has a bike score of 75, indicating it is very bikeable, and a walk score of 81, signifying it is very walkable. The transit score is 42, suggesting some transit options are available.

Key Highlights

  • Prime location: Less than a mile to the beach, Oceanside Harbor, Pier, and other attractions.
  • Investment opportunity: 8 units in an area undergoing redevelopment and growth as a tourist destination.
  • Four units recently remodeled.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Veterinary Clinic Storage Facility Furniture & Home Goods Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,712
Businesses Nearby

Demographics for 92054, CA

38,667
Population
18,113
Households
2.1
Avg Household Size
38
Median Age
36%
College-Educated
86%
High-School Grad
7.5 sq mi
ZIP Area
5,156
Density / Sq Mi
$76,974
Median Household Income
$38,716
Median Earnings
$1,847
Median Rent
$851,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two parcels with eight units near beach and harbor.
Where is this apartment building located?
The property is located at 722 &718 N Freeman St Oceanside, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Prime location: Less than a mile to the beach, Oceanside Harbor, Pier, and other attractions.; Investment opportunity: 8 units in an area undergoing redevelopment and growth as a tourist destination.; Four units recently remodeled.
More about this property
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