1520 Downs, Oceanside, California 92054, Oceanside, 92054 - 4 bed, 3 bath
1520 Downs
Oceanside, California 92054
Property Price
SUMMARY
Analysis of 1520 Downs, Oceanside, California 92054 reveals a Prime Investment Opportunity with a current list price of $1,599,900—significantly undercutting the $1,748,374 Fair Market Value by 8%. This valuation gap indicates a +$148,474 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Oceanside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1520 Downs Subject | $1,599,900* List Price | 4 | 3 | 2,687 | $651 | - |
A 2103 Loquat Place Sold | $1,749,000 | 5 | 3 | 2,398 | $729 | 0.1 mi |
B 1746 Avocado Sold | $1,570,000 | 4 | 3 | 2,433 | $645 | 0.2 mi |
C 2363 Kenwyn Street Sold | $1,335,000 | 3 | 2 | 1,960 | $681 | 0.2 mi |
D 1760 Woodbine Pl Sold | $1,475,000 | 4 | 2 | 2,404 | $614 | 0.5 mi |
E 1329 Eldean Lane Sold | $1,262,500 | 3 | 3 | 1,940 | $651 | 0.6 mi |
F 1519 Kurtz Street Active | $1,525,000 List Price | 4 | 2 | 2,024 | $753 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1979, the property has undergone extensive recent renovations within the last 5 years. The interior features a fully remodeled kitchen with quartz countertops and sleek cabinetry, spa-inspired bathrooms with modern fixtures and a jacuzzi tub, updated flooring, and contemporary lighting throughout. The home is in move-in-ready condition with high-end finishes and no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Interior Renovations
The home features a fully remodeled kitchen with quartz countertops and a sun-filled family room with vaulted ceilings and exposed beams, offering a sophisticated, move-in-ready aesthetic.
- Exceptional Outdoor Oasis
Situated on an oversized 10,000+ sq. ft. lot, the backyard serves as a private retreat with a pool, spa, and mature shade trees, providing a rare level of space and privacy for coastal living.
- Versatile Living Options
The floor plan includes a highly desirable main-level bedroom and full bath, complemented by dedicated RV parking, making it ideal for multigenerational families or those with outdoor hobbies.
CONSRISKS & DEFICIENCIES
- 1970s Era Infrastructure
Despite extensive cosmetic upgrades, the 1979 construction date suggests that underlying systems like plumbing or electrical may require more maintenance than a newer build.
- Moderate School Ratings
While the property is conveniently located near several schools, the assigned middle and high schools currently hold mid-tier ratings, which may be a factor for education-focused buyers.
About 1520 Downs
Welcome to Fire Mountain, where style and comfort meet in one of Oceanside’s most sought-after neighborhoods. This beautifully upgraded two-story home is designed for both everyday living and effortless entertaining. Step inside to a sun-filled family room with soaring vaulted ceilings, exposed beams, and a bold stone fireplace framed by custom built-ins. The fully renovated kitchen features quartz countertops, sleek cabinetry, and opens to the dining room, illuminated by a modern chandelier. Entertain with ease in the expansive living room, complete with dual sliding doors and a custom bar with twin beverage refrigerators. A private main-level bedroom with full bath offers flexibility for guests or multigenerational living. Upstairs, the primary suite is a true retreat with its own fireplace and spa-inspired bath featuring dual vanities and a jacuzzi tub. Two additional bedrooms and a full bath complete the upper level. The backyard is a private oasis — relax poolside, soak in the spa, or entertain under mature shade trees on an oversized 10,000+ sq. ft. lot. With an interior laundry room, attached two-car garage, RV parking, and a location minutes from beaches, shopping, and top-rated schools, this home offers the ultimate coastal lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 10,567 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Oceanside Unified Schools
Palmquist Elementary School
Grades K-5 • 0.2 mi
Lincoln Middle School
Grades 6-8 • 0.4 mi
Ocean Shores High (Continuation) School
Grades 9-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,687 | 1,728 | 91% |
| Lot Size | 10,567 | 7,692.5 | 78% |
| Price | $1.60M | $1.35M | 71% |
| Price per sq ft | $595 | $734 | 17% |
| Built year | 1979 | 1969 | 59% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 156 | 3% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,599,900
Initial Listing
Sold
Jul 25, 2022
$1,350,000
Public Record