$3,590,000

722 &718 N Freeman St Oceanside, CA 92054

Loma Alta Neighborhood

Estimated payment $22,456/month

Total Views 27,356
8 Beds
8 Baths
4,252 Sq Ft
$844 Price per Sq Ft

Highlights

  • Private Yard
  • No HOA
  • No Heating

About This Home

2 parcels being sold together. Total of 8 units. Seller would consider selling the 2 parcels separately as long as they close at the same time. Lot's of opportunity in an area that is going through redevelopment, continues to improve and grow, becoming a major Tourist/Beach destination. Less than a mile to the Beach and Oceanside Harbor, Pier, Farmers Market, Thursday Night Sunset Market, Restaurants, Shops, Top Gun House and more! 4 of the units have been recently remodeled. New roof in 2020/2021. New Fencing in 2024.

Listing Agent

Cherise Zentic

Pacific Sun Properties Brokerage Email: czentic@pacsundiego.com License #01270681 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 10,055 Sq Ft Lot
  • 1 Common Wall
  • Private Yard
  • 1470581200

Parking

  • 6 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 4,252 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 07000
  • Tax Tract Number 184
  • Assessor Parcel Number 1470581300
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 8 Units

Building Details

  • 6 Leased Units
  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 8 Separate Water Meters
  • Insurance Expense $5,700
  • Other Expense $14,518
  • Trash Expense $1,200
  • New Taxes Expense $2,162
  • Operating Expense $23,930
  • Gross Income $143,000
  • Net Operating Income $117,670

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 3.30
  • Property Attached: Yes
  • View: No
  • Zoning: R3, R3
  • Property Type: Residential Income
  • Parcel Number: 1470581300
  • Year Built: 1950
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 844.31

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1200.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 1470581200
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 10055.00
  • Lot Size Acres: 0.2308

Multi Family

  • Average1 Bed Area: 500 Square Feet
  • Gross Income: 143000.00
  • Gross Scheduled Income: 147600.00
  • Insurance Expense: 5700.00
  • Lot Size Area: 10055.0000 Square Feet
  • Net Operating Income: 117670.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 8
  • Number Of Units Leased: 6
  • Number Of Units Total: 8
  • Operating Expense: 29930.00
  • Other Expense: 14518.00
  • Other Expense Description: Utility
  • Rent Control: No
  • Total Expenses: 23930.00

Tax Info

  • New Taxes Expense: 2162.00
  • Tax Lot: 07000
  • Tax Tract Number: 184/1

Map

Range of Values:

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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
07/01/2025 07/01/25 For Sale $3,590,000 -- $844 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2506492

California Regional Multiple Listing Service (CRMLS)
California San Diego County Oceanside 92054 Loma Alta

722 &718 N Freeman St, Oceanside, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Cherise Zentic
Listing Agent
Cherise Zentic
Section Image
Pacific Sun Properties
(760) 207-5371