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  4. 110 Freeman Street, Oceanside, CA 92054
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110 Freeman Street
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More Like This
  • MLS#: ND24184719 ( Commercial/Residential )
  • Street Address: 110 Freeman Street
  • Viewed: 1
  • Price: $2,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1965
  • Bldg sqft: 0
  • Days On Market: 157
  • Additional Information
  • County: SAN DIEGO
  • City: Oceanside
  • Zipcode: 92054
  • Subdivision: Oceanside
  • Provided by: The Real Estate Consultants
  • Contact: Marie Marie
  • DMCA Notice
  • 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 currently rented at $1,590 each, with potential for rent adjustments, likely under market value. Residential Units: Two Bedroom Unit: Recently remodeled and available for rent, presenting a fresh opportunity for new tenants. Beach Cottage: Includes a one car garage, rented at $2,000, with room for potential rent increases. 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: Oceansides 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 Californias 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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Features
Association Fee
  1. 0.00
Building Area Total
  1. 2369.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Construction Materials
  1. Drywall Walls
Cooling
  1. None
Country
  1. US
Days On Market
  1. 54
Current Financing
  1. None
Electric
  1. Electricity - On Property
Fencing
  1. Wood
Fireplace Features
  1. None
Flooring
  1. Carpet
  2. Vinyl
Foundation Details
  1. Raised
  2. Slab
Fuel Expense
  1. 0.00
Garage Spaces
  1. 1.00
Heating
  1. Space Heater
Insurance Expense
  1. 0.00
Laundry Features
  1. In Closet
  2. Stackable
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. Rectangular Lot
  2. Near Public Transit
  3. Paved
  4. Walkstreet
Netoperatingincome
  1. 37820.00
Parcel Number
  1. 1472821000
Parking Features
  1. Assigned
  2. Garage
  3. Parking Space
Pool Features
  1. None
Property Type
  1. Commercial/Residential
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Composition
  2. Flat
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 422539209:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Oceanside
Taxblock
  1. 86
Tenant Pays
  1. Electricity
Totalactualrent
  1. 3590.00
Totalexpenses
  1. 0.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 5.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Sewer Connected
  4. Water Connected
View
  1. None
Water Sewer Expense
  1. 3090.00
Water Source
  1. Public
Year Built
  1. 1965
Year Built Source
  1. Assessor
Equal Housing Opportunity

Based on information from California Regional Multiple Listing Service, Inc. as of Feb 08, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on February 8, 2025 @ 12:00 am
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