612 N Freeman Street, Oceanside, CA 92054 - MLS#250044740

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Anthony Napoli

realestate@anthonynapoli.com +1(619) 750-3558

$1,890,000

Est. payment - /mo

2 Beds

1,962 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 1,962 sqft

Price per Sqft $963

MLS Listing ID 250044740

Bedrooms 2

Lot Size 5,139 Sqft

Property Sub-Type Com-Res Income

Property Description

We are pleased to present 612 N Freeman Street, a well-located, partially rehabilitated five-unit multifamily property in the heart of Oceanside, just six blocks (.4 miles) from the beach. Built in 1978, the property spans approximately 1,962 square feet and sits on a 5,139 square foot lot. The unit mix consists of two 1-bedroom/1-bath units and three studio/1-bath units, offering strong appeal to a diverse tenant base. This value-add asset has already seen targeted renovations. Units 4 and 5 have been updated with new flooring, counters, vanities, light fixtures, and mirrors. Units 2 and 5 received refinished tubs and showers, while unit 2 has also been significantly refreshed. In addition, SB 721 balcony inspections and required repairs have been completed, reducing future deferred maintenance for the new owner. Unit 3 is in need of renovation, offering immediate upside potential. The property features four single-car garages and one double-car garage with additional driveway parking, plus ample storage and onsite laundry. A large covered outdoor lounge area enhances the tenant experience and captures the appeal of the coastal lifestyle. Other upgrades include a new roof with a 10-year warranty, fresh exterior paint, and secured gating for tenant privacy. Leases for Units 1 through 4 are month-to-month, providing operational flexibility and rent upside. With consistent population and rent growth, plus proximity to both San Diego and Orange County, 612 N Freeman Street offers investors a rare opportunity to acquire a well-located coastal asset with immediate upside.

Location

State CA

County San Diego

Community Bbq

Area Coastal North

Interior

Heating Wall

Cooling Wall/Window

Flooring Vinyl

Fireplace No

Laundry Owned

Exterior

Parking Features Garages

View Y/N No

Roof Type Tar & Gravel

Total Parking Spaces 9

Building

Story 2

Others

Senior Community No

Tax ID 147-057-08-00

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Listed by Conor M Brennan Marcus & Millichap

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Anthony Napoli

+1(619) 750-3558

Agent | License ID: 01311452

Agent License ID: 01311452

612 N Freeman Street Oceanside, CA 92054

Anthony Napoli

Key Details

Location

Interior

Exterior

Building

Others

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