722 Freeman Street
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722 Freeman Street

D

Oceanside, CA 92054

$3,200,000

Soft Appraisal Value: $2,327,700 · 37.5% above estimate

Beds

Baths

Sqft

4,252

Year Built

1950

Days on Market

84

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

NDP2601866

This property is in Oceanside (92054). View neighborhood stats →

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About This Property

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.

Mortgage Calculator

Est. Monthly Payment

$20,314

Principal & Interest$16,181
Property Tax$3,200
Insurance$933
%($640,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,140
Monthly Cashflow

Rent − PITIA

$-15,174
Full Cashflow

Incl. vacancy, PM, maint, capex

$-19,023

Mortgage (P+I)
$16,181
Cap Rate
-1.07%
Cash-on-Cash
-35.67%
DSCR

Need ≥ 1.25 for DSCR loan

0.25
Break-even Rent
$29,845

NOI (Annual)
$-34,102
Price-to-Rent

Lower = better for investors

51.9

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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