$1,890,000

612 N Freeman Street, Oceanside, CA 92054

  • Property Icon other
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon5,140sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 9 days ago

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.

Listing Status:
Active
Date Added:
November 26, 2025 at 06:00AM
Listing Office:
Marcus & Millichap : 818-212-2250
Listing Agent:
Conor Brennan : 720-841-8139
MLS ID:
250044740SD
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: Parking spaces: 9
  • Roofing: Tar/Gravel
  • General: Frame
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_SAND
  • County: San Diego
  • Zoning: 1470570800
  • Source: CRMLS_SAND

This listing courtesy of Conor Brennan, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Laurel Elementary School

1410 Laurel St, Oceanside, CA, 92058

Grades KG-5

0.70 miles away

N

North Terrace School

141 Santa Rosa Dr, Oceanside, CA, 92058

Grades PK-8

1.19 miles away

O

Oceanside High School

1 Pirates Cove Way, Oceanside, CA, 92054

Grades 9-12

0.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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