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Sold on 06/28/2024
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521 S Freeman St, Oceanside, CA 92054

$2,300,000

Last sold 06/28/2024 after 63 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 521 S Freeman St

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Lot size 4,922 Sqft
Parking 6 garage spaces
Rental estimate
Property description
Well maintained 5 unit building west of 5 freeway. A block east of coast highway the tenants enjoy being blocks from downtown oceanside, beach, shopping, resturants & mass transportation. Building consist of three - 2 bedroom units and two - 1 bedroom units. All units have a separate private single car garage. Fenced private common patio area. Freshly painted exterior. Pride of ownership. There's additional income from a separate 6th car garage & seller owned laundry eq. Rents below market with great upside potential for inceases.
Listed by
Listing Agent - Russell Coats
Listing Agent Contact: Russell@horizonpacificrealty.com
Listing Office - Horizon Pacific Realty
Source: CRMLS mls logo
MLS#NDP2403538 • last updated 2 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.113
Lot Size (SqFt) 4922
Year Built 1980
Condition Turnkey, Updated/Remodeled
Interior
Appliances Electric Oven, Disposal, Gas Cooktop, Gas Water Heater, Refrigerator
Exterior
Foundation Concrete Perimeter
Building Area Square Feet, 3633
Roof Composition
Parking Assigned, Garage, Garage Faces Rear, Garage Faces Side, Garage - Single Door, Off Street, Private
# Parking Spaces 6
# Garage Spaces 6
Lot Description Level With Street, Level, Near Public Transit
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool None
Location
County San Diego
Community Features Sidewalks, Street Lights
Neighborhood WEST OF 5
Zoning R-3:RESTRICTED MULTIPLE
Directions COAST HWY NORTH TO MINNESOTA RIGHT TO FREEMAN LEFT TO PROPERTY
APN 1502030500
Multifamily Details
Expense: Trash 360
Laundry Income 2400
Operating Expense 41022
Cap Rate 4.06
Expense: Insurance 3414
Total Expenses 41022
Expense: Maintenance 900
Expense: Water/ Sewer 4200
Gross Income 144320
Gross Operating Income 142320
Expense: Electric 600
Gross Scheduled Income 142320
Expense: Gardener 600
Lot/ Land Details
Rental est.: $1,859/month
Gross rent multiplier: 103.1
  • Jun 2024
    mls logo MLS # NDP2403538
  • Jun 28, 2024 Sold
    $2,300,000
  • Jun 18, 2024 Pending
    —
  • Jun 16, 2024 Listed
    —
  • Jun 7, 2024 Pending
    —
  • May 28, 2024 Price Change
    $2,399,000 (-4.0%)
  • Apr 26, 2024 Listed
    $2,500,000 (+212.5%)
  • Jun 2024
    Public Records
  • Jun 28, 2024 Sold
    $2,300,000 (-4.1%)
  • Nov 2007
    Public Records
  • Nov 16, 2007 Sold
    $800,000
  • Year Property taxes Tax assessment
  • 2024
    $11,612 +3.2%
    $1,030,177 +2.0%
  • 2023
    $11,255 +1.5%
    $1,009,978 +2.0%
  • 2022
    $11,085 -0.4%
    $990,175
  • 2021
    $11,128 +3.2%
    $990,175 +3.06%
  • 2020
    $10,785
    $960,807
  • 521 S Freeman St
    $2.3M
  • Downtown Oceanside
    $1.01M -1% y/y
  • 92054
    $950K -2% y/y
  • Oceanside
    $775K -3% y/y
No chart available
Statistics calculated by Movoto

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6/10
Lincoln Middle School
public Grades 6-8
Oceanside Unified School District
5/10
Oceanside High School
public Grades 9-12
Oceanside Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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