110 Freeman StOceanside, CA 92054

Property Details for 110 Freeman St

Year built

1965

Lot size

0.12 AC

Property size (Sq ft)

2,369 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

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.

Location Insight

City

Oceanside

County

San Diego

State

California

Latitude

33.1953

Longitude

-117.377

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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