321 S Freeman St Oceanside, CA 92054
Downtown Oceanside NeighborhoodEstimated payment $8,839/month
Highlights
- Lawn
- Laundry Room
- Level Lot
- No HOA
- Landscaped
- No Heating
About This Home
Exceptional coastal investment opportunity just one block off the iconic 101 in Oceanside! This rare 3-unit property offers incredible versatility and income potential in an unbeatable location just blocks from the beach, popular restaurants, shopping, the transit center, coastal train, and all the vibrant amenities of coastal Oceanside. The property features: a spacious 3 bedroom, 2 bathroom main house with an interior laundry room; a charming detached 1 bedroom, 1 bathroom house with interior laundry; and a detached studio unit with its own interior laundry. All units are currently vacant, creating a fantastic opportunity for an owner-occupant, short-term or long-term rental investment, multigenerational living, or a combination of personal use and income production. Highly desirable beach-close location with strong rental demand and endless possibilities. Whether you are looking to maximize cash flow, create a coastal compound, or invest in one of North County San Diego’s most sought-after neighborhoods, this property is a must-see! Buyer agrees to cooperate with Seller and its designated Qualified Intermediary in 1031 exchange at no additional cost to Buyer.
Listing Agent
Coldwell Banker West Brokerage Email: andrea.hamacher@gmail.com License #01858698 Listed on: 05/07/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1926
Lot Details
- 4,949 Sq Ft Lot
- No Common Walls
- Landscaped
- Level Lot
- Lawn
- Back and Front Yard
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,741 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Utilities
- No Heating
Listing and Financial Details
- Tax Lot Lot 6 Block 14
- Tax Tract Number 219
- Assessor Parcel Number 1500541100
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $300
- Trash Expense $1,200
- Water Sewer Expense $3,000
- New Taxes Expense $17,000
- Operating Expense $21,468
- Gross Income $80,532
- Net Operating Income $80,532
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,939 | $624,547 | $463,585 | $160,962 |
| 2024 | $6,939 | $612,302 | $454,496 | $157,806 |
| 2023 | $6,725 | $600,297 | $445,585 | $154,712 |
| 2022 | $6,624 | $588,528 | $436,849 | $151,679 |
| 2021 | $6,650 | $576,989 | $428,284 | $148,705 |
| 2020 | $6,446 | $571,074 | $423,893 | $147,181 |
| 2019 | $6,260 | $559,878 | $415,582 | $144,296 |
| 2018 | $6,194 | $548,901 | $407,434 | $141,467 |
| 2017 | $6,081 | $538,140 | $399,446 | $138,694 |
| 2016 | $5,884 | $527,589 | $391,614 | $135,975 |
| 2015 | $5,714 | $519,665 | $385,732 | $133,933 |
| 2014 | $5,494 | $509,487 | $378,177 | $131,310 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2026 05/07/26 | For Sale | $1,549,000 | -- | $890 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2604423
APN: 150-054-11-00
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Ask me questions while you tour the home.