110 Freeman St Oceanside, CA 92054
- Retail space
- 2,369 SF
- 0.12 lot acres
Current Use by Public Records
- MailingList.org / Mailing Service / Marketing Consultant
- Lucky Me Oceanside / Event Planner / Art Center
- Law Offices of Silvia Alvarado / Attorney / Law Firm
- Synergy Subscriptions / Store
Property Details for 110 Freeman St
- Year built
- 1965
- Lot size
- 0.12 lot acres
- Property size
- 2,369 SF
- Zone code
- COMMERCIAL
- Property type
- Retail space
- APN
- 147-282-10-00
- APU
- 1472821000
Description
This exceptional Oceanside mixed-use property presents a compelling investment opportunity. The 3,000 square foot building, constructed in 1965 and renovated in 2024, boasts two buildings across two stories, encompassing four units: three commercial storefronts and one residential unit. Currently generating a Net Operating Income (NOI) of $378,200, the property offers significant upside potential. The three commercial tenants occupy a total of 3,000 square feet under a gross lease agreement. The residential component includes a two-bedroom unit and a beach cottage with a one-car garage. Located at 110 S Freeman St, Oceanside, CA 92054, this fee-simple property sits on a 5,209 square foot lot and offers four parking spaces in a convenient back alley. Its prime location, just five blocks from the beach and within walking distance of downtown amenities, ensures high tenant demand and strong rental income. The property's proximity to the 1010 Building, a prominent hotel and live-work lofts complex, further enhances its appeal and potential for future rent growth. The property is zoned for commercial use and offers significant potential for rent increases and appreciation, given Oceanside's thriving real estate market and ongoing downtown development initiatives. The asking price is $2,200,000. APN: 1472821000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oceanside
- County
- San Diego
- State
- California
- Longitude
- -117.377
- Latitude
- 33.1953
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA