NOT LISTED FOR SALE
1 Bed
2 Baths
1,962 Sq Ft
-- Built

Last Sold August 03, 2022

Last sale price $1,850,000 $943 Per Sq Ft

About This Home

As of August 2022

We are pleased to present 612 N Freeman Street, a meticulously maintained 5 unit multifamily property located in Oceanside. This property was built in 1978 and is located only 6 blocks or .4 miles to the beach. The building is 1,962 square feet situated on a 5,139 square foot lot. The unit mix consists of two 1 Bed/1Bath units and three Studio/1Bath units. There are 4 single-car garages and one double-car garage with driveway space. All of the units have been partially renovated and meticulously maintained. The building benefits from plenty of storage space and onsite laundry. The property has a large covered lounge area for occupants to enjoy the coastal weather. Upgrades to the property include a new roof with a 10-year warranty, recent painting of the exterior, and gating for tenant privacy. Leases for units 1, 2, 3, and 4 are month-to-month.

Last Agent to Sell the Property

Adrian Grobelny

Marcus & Millichap License #02116191 Listed on: 05/20/2022

Co-Listed By

Conor Brennan

Marcus & Millichap License #01918598

Last Buyer's Agent

Adrian Grobelny

Marcus & Millichap License #02116191 Listed on: 05/20/2022

Property Details

Home Type

  • Multi-Family

Parking

  • 6 Parking Spaces

Home Design

Interior Spaces

  • 1 Bedroom
  • 1,962 Sq Ft Home
  • 2-Story Property

Additional Homes

  • Number of ADU Units: 3

Listing and Financial Details

  • Total Actual Rent $7,806

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • Operating Expense $38,700

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • Community Features: Other/Remarks
  • CapRate: 2.98
  • Co List Office Mls Id: 62951
  • Co List Office Mls Id: 62951
  • Living Area: 1962.0
  • FeedTypes: VOW
  • RFModificationTimestamp: 2025-02-16T22:01:32Z
  • FullAddress: 612 N Freeman
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 1

Garage/Parking

  • Total Parking Spaces: 6.0

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 5
  • Annual Operating Expense: 38700.0
  • Total Actual Rent: 7806.0
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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 Prior Sale
08/03/2022 08/03/22 Sold $1,850,000 0.0% $943 / Sq Ft
05/30/2022 05/30/22 Off Market $1,850,000 -- --
05/24/2022 05/24/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $1,850,000 +169.1% $943 / Sq Ft
07/10/2013 07/10/13 Sold $687,500 -5.6% $350 / Sq Ft View Prior Sale
05/22/2013 05/22/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $728,500 -- $371 / Sq Ft
Source: San Diego MLS

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 $21,193 $1,924,740 $1,623,024 $301,716
2024 $21,193 $1,887,000 $1,591,200 $295,800
2023 $20,540 $1,850,000 $1,560,000 $290,000
2022 $8,908 $794,164 $669,989 $124,175
2021 $8,943 $778,593 $656,852 $121,741
2020 $8,667 $770,610 $650,117 $120,493
2019 $8,417 $755,501 $637,370 $118,131
2018 $8,327 $740,688 $624,873 $115,815
2017 $8,175 $726,166 $612,621 $113,545
2016 $7,910 $711,928 $600,609 $111,319
2015 $7,680 $701,235 $591,588 $109,647
2014 $7,384 $687,500 $580,000 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220012851

San Diego MLS

APN: 147-057-08-00

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