$1,655,000
●
House -
Off Market
2038 S Freeman
Oceanside, CA 92054
3 Beds
2 Baths
1,704 Ft²
$7,832
Est. Monthly
About This Property
This inviting single-level beach cottage offers 3 bedrooms and 2
bathrooms, with an unbeatable location on a pristine, oversized
"double-corner" lot in one of South Oceanside's most sought-after
coastal neighborhoods. Recently updated kitchen and baths and owned
solar. Framed by lush green lawn and mature palms, the home
features hardwood floors, classic shutters, indoor laundry, a
detached two-car garage, and a private deck ideal for relaxing or
entertaining. Just steps from Oceanside's beaches, along with
vibrant new shops and popular restaurants, this exceptional
property is perfectly suited as a primary residence, vacation
retreat, or investment opportunity.
Unit Size
1,704 Ft²
Days on Market
30 days
Land Size
0.14 acres
Price per sqft
$936
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 9 months ago (SDMLS #2600208SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2026 | Sold | ||
| Sold | |||
| Jan 17, 2026 | In contract | - | |
| In contract | |||
| Dec 26, 2025 | Listed by Compass | $1,595,000 | |
| Listed by Compass | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Dec 15, 2020 | In contract | - | |
| In contract | |||
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Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About South Oceanside
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Listed by: Dane Soderberg, Compass
Last Updated: 9 months ago
Data Source: CRMLS, MLS# 2600208SD
Last Updated: 9 months ago
Data Source: CRMLS, MLS# 2600208SD
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