NOT LISTED FOR SALE

229 S Freeman St Oceanside, CA 92054

Downtown Oceanside Neighborhood
5 Beds
4 Baths
3,020 Sq Ft
4,791 Sq Ft Lot

Last Sold March 09, 2020

Last sale price $1,207,000 $400 Per Sq Ft

45 Days on Market

About This Home

As of March 2020

Rare opportunity to own a few blocks from the beach. Tenants are month to month and rents can be raised substantially. 4 units all with garages. Seller wants it sold quick, first one at asking or above gets it. Hurry...

Last Agent to Sell the Property

Tony English

English Realty License #01248620 Listed on: 12/09/2019

Last Buyer's Agent

Janet Layton

Real Broker License #01335772

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 4,791 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 3,020 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Legal Lot and Block 5 / 4
  • Tax Tract Number 219
  • Assessor Parcel Number 1500511400

Community Details

Recreation

  • Bike Trail

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,500
  • Insurance Expense $1,000
  • Water Sewer Expense $3,900
  • New Taxes Expense $10,000
  • Operating Expense $1,030
  • Gross Income $57,600
  • Net Operating Income $47,600

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 3900.00
  • Zoning: CR
  • Property Type: Residential Income
  • Parcel Number: 1500511400
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 399.67

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4791.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average1 Bed Area: 1289 Square Feet
  • Average2 Bed Area: 1250 Square Feet
  • Average3 Bed Area: 800 Square Feet
  • Average Studio Area: 1450 Square Feet
  • Electric Expense: 1500.00
  • Gross Income: 57600.00
  • Gross Scheduled Income: 57600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4791.0000 Square Feet
  • Net Operating Income: 47600.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 1030.00
  • Rent Control: No
  • Total Actual Rent: 57600.00
  • Total Expenses: 1030.00

Tax Info

  • New Taxes Expense: 10000.00
  • Tax Block: 4
  • Tax Census Tract: 184.00
  • Tax Lot: 5
  • Tax Tract Number: 219

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2020 03/09/20 Sold $1,207,000 -3.4% $400 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/19/2020 01/19/20 Price Changed $1,250,000 -3.8% $414 / Sq Ft
12/09/2019 12/09/19 For Sale $1,300,000 -- $430 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tony English

    Seller's Agent in 2020

    Tony English

    English Realty

    (949) 203-8721

    42 Total Sales

    Tony English
    Section Image
  • Janet Layton

    Buyer's Agent in 2020

    Janet Layton

    Real Broker

    (619) 820-1094

    14 Total Sales

    Janet Layton
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19277982

California Regional Multiple Listing Service (CRMLS)

APN: 150-051-14-00

California San Diego County Oceanside 92054 Downtown Oceanside

229 S Freeman St, Oceanside, CA

Not Listed for Sale

MultiFamily

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