110 S Freeman Street, Oceanside, CA 92054
Local realty services provided by:ERA North Orange County Real Estate
110 S Freeman Street,Oceanside, CA 92054
$2,000,000
- - Beds
- - Baths
- 2,369 sq. ft.
- Multi-family
- Active
Listed by:marie jebavy
Office:the real estate consultants
MLS#:ND24184719
Source:CRMLS
Price summary
- Price:$2,000,000
- Price per sq. ft.:$844.24
About this home
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.
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Home facts
- Year built:1965
- Listing ID #:ND24184719
- Added:419 day(s) ago
- Updated:November 01, 2025 at 01:11 PM
Rooms and interior
- Living area:2,369 sq. ft.
Heating and cooling
- Heating:Space Heater
Structure and exterior
- Roof:Composition, Flat
- Year built:1965
- Building area:2,369 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$844.24
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