110 S Freeman Street

Oceanside, CA 92054

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,369 Sqft
  • 5209
    Sqft(Lot)
$2,100,000

Description

Prime investment opportunity in oceanside: mixed-use property with growth potential

this exceptional mixed-use property offers a rare investment opportunity in oceanside. it combines commercial and residential units in a rapidly growing area. perfectly positioned to benefit from the city's ongoing development and rising real estate values, this property presents a diversified income stream and long-term appreciation potential.

property highlights:

mixed-use investment: this property features retail and residential units, providing multiple revenue sources and catering to a diverse tenant base.

prime location advantages:

close to ocean: just five blocks from the beach, enhancing the appeal of retail and residential spaces.

downtown proximity: within walking distance to shopping, dining, and entertainment, increasing tenant and customer demand.

adjacent to 1010 building: near a prominent hotel and live-work lofts, which drive foot traffic and support potential rent growth.

current financial performance:

commercial units: two retail spaces are currently rented at $1,590, with potential for rent adjustments, likely under market value.

residential units:

two-bedroom unit: recently remodeled and rented for $2800.

beach cottage: includes a one-car garage, on the market at $3,000.

parking: convenient back alley with four parking spaces.

investment growth opportunities:

rent increases: potential to adjust rents across all units, mainly if current rates are below market.

appreciation potential: oceanside's real estate market has thrived, with property values rising significantly in recent years. ongoing developments like the 1010 building and other downtown enhancements are expected to boost property values further.

future development plans: oceanside’s 2023 downtown development initiatives highlight continued growth, projecting increased demand for commercial and residential spaces. this property is well-positioned to benefit from these future enhancements.

why invest in oceanside? oceanside continues to be one of southern california’s thriving coastal communities, attracting investors with its favorable market trends, coastal location, and strategic city development plans. the area's investment potential is backed by ongoing growth in commercial and residential sectors, making this property an attractive opportunity for immediate revenue and long-term appreciation.

  • Property Type

    Residential Income

  • County

    San Diego

  • Style

    Cottage,Contemporary

  • AD ID

    49695330

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition,Flat
    • Property Appliances: Electric Oven,Electric Range
    • Fireplace: None
    • Flooring: Carpet,Vinyl

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Space Heater
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1965
    • Building Area Total: 2,369
    • Construction: Drywall
    • Roof: Composition,Flat

    Foundation

    • Raised,Slab

    Pool Features

    • None

    Laundry Features

    • Laundry Closet,Stacked

    Fencing

    • Wood

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1196
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 5209

  • Listing Price Information

    • Original List Price: 2,100,000
    • Listing Contract Date: 2024-09-04

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 1472821000

  • Garage and Parking

    • Garage Description: Assigned,Garage,One Space

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 92054 - Oceanside
    • Directions: Coast Hwy east on SeaGaze right on Freeman
    • Zoning: C
    • Source Property Type: Residential Income
    • Area: 92054 - Oceanside
    • Property SubType: Mixed Use

    Building and Construction

    • Property Age: 60
    • Common Walls: No Common Walls
    • Structure Type: Mixed Use
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 05/13/2025 @ 21:36

  • MLS: ND24184719
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 2,369 sqft, 5,209 sized lot, and 1 parking. are nearby neighborhoods.