1850 Downs Street, Oceanside, California 92054, Oceanside, 92054 - 3 bed, 3 bath
1850 Downs Street
Oceanside, California 92054
Property Price
SUMMARY
Analysis of 1850 Downs Street, Oceanside, California 92054 reveals a Prime Investment Opportunity with a current list price of $1,499,000—significantly undercutting the $1,625,476 Fair Market Value by 7%. This valuation gap indicates a +$126,476 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 |
|---|---|---|---|---|---|---|
★ 1850 Downs Street Subject | $1,499,000* List Price | 3 | 3 | 2,354 | $691 | - |
A 1405 Pambara Circle Sold | $1,805,000 | 4 | 3 | 2,303 | $784 | 0.6 mi |
B 2103 Loquat Place Sold | $1,749,000 | 5 | 3 | 2,398 | $729 | 0.3 mi |
C 2363 Kenwyn Street Sold | $1,335,000 | 3 | 2 | 1,960 | $681 | 0.3 mi |
D 1746 Avocado Sold | $1,570,000 | 4 | 3 | 2,433 | $645 | 0.2 mi |
E 1760 Woodbine Pl Sold | $1,475,000 | 4 | 2 | 2,404 | $614 | 0.4 mi |
F 2046 Ups Circle Sold | $1,325,000 | 3 | 2 | 1,614 | $821 | 0.3 mi |
G 1520 Downs Active | $1,599,900 List Price | 4 | 3 | 2,687 | $595 | 0.4 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 1991, the property has undergone extensive recent renovations within the last 5 years, qualifying it for an excellent rating. Key updates include a three-year-old roof, new LVP flooring throughout, and a fully remodeled kitchen featuring quartz countertops and brand-new stainless steel appliances. The bathrooms have been updated, and major systems are in top condition with the addition of central air conditioning, dual-pane energy-efficient windows, and a whole-house water filtration system.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11325, living area = 2354.
- Turn-Key Modern Upgrades
The property features extensive recent improvements including a three-year-old roof, new LVP flooring, central AC, and a fully remodeled kitchen with quartz countertops and high-end appliances.
- Expansive Lot & Privacy
Situated on a rare 11,325 sqft lot in Fire Mountain, the property offers a gated front courtyard and a massive backyard with significant potential for an ADU, pool, or future expansion.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11325, other record lot size in square feet = 11436.
- Limited Bedroom Count
Despite having over 2,300 square feet of living space, the home only offers three bedrooms, which may be a constraint for larger families or those needing multiple home offices.
- Restricted Ocean Views
The advertised ocean views are characterized as 'peek-a-boo' and are limited to the top patio, rather than being a prominent feature from the primary living areas.
About 1850 Downs Street
Welcome to this beautifully updated home in the highly sought-after Fire Mountain neighborhood of South Oceanside, featuring a spacious, open floor plan, a private, expansive, park-like lot with a peek-a-boo ocean view from the top patio and plenty of room for a pool, ADU, or future expansion. Enclosed with a new fence for exceptional privacy, the gated front courtyard creates a peaceful welcome. Inside, soaring floor-to-ceiling windows flood the dramatic two-story entry with natural light, leading into the living and dining areas—perfect for entertaining. The stylish kitchen features white cabinetry, quartz countertops, a five-burner gas cooktop, brand-new oven and microwave, sleek wine refrigerator, and a convenient pantry with pull-out shelves. It opens seamlessly to the breakfast nook and inviting family room with a cozy stone fireplace. The main level also includes a newly remodeled half bath, a laundry room with ample storage, and a rare, oversized 3-car garage with abundant overhead storage racks. Upstairs, the expansive primary suite offers double-door entry, vaulted ceilings, a second fireplace, and a generous walk-in closet with built-ins. The spa-inspired ensuite bath features dual vanities, a soaking tub, and a separate shower. Two additional spacious bedrooms and a beautifully updated guest bath with dual vanities provide flexibility for family, guests, or a home office. The beautiful, private backyard is designed for both entertaining and relaxation, with low-water landscaping, easy-care turf, and multiple gathering areas perfect for hosting or enjoying quiet outdoor dining. Additional highlights include LVP flooring throughout, a three-year-old roof, new backyard fencing, dual-pane energy-efficient windows, central air conditioning, and a whole-house water filtration and softening system. Ideally located Just minutes from some of North County’s most stunning beaches, Carlsbad Village, Michelin restaurants, trendy bars, boutique shopping and Highways 5 & 78, this property offers the ultimate coastal lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1991
- Lot Size
- 11,325.6 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $90.0 / Month
Neighborhood Insights
Oceanside Unified Schools
Palmquist Elementary School
Grades K-5 • 0.4 mi
Lincoln Middle School
Grades 6-8 • 0.5 mi
Ocean Shores High (Continuation) School
Grades 9-12 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 2,354 | 1,728 | 79% |
| Lot Size | 11,325.6 | 7,692.5 | 84% |
| Price | $1.50M | $1.35M | 64% |
| Price per sq ft | $637 | $734 | 26% |
| Built year | 1991 | 1969 | 83% |
| HOA | $90.0 | $0 | 86% |
| Days on market | 2 | 156 | 3% |
Pricing History
Listed for Sale
Mar 5, 2026
$1,499,000
Initial Listing
Sold
Dec 18, 2020
$841,000
Public Record
Sold
Jun 30, 2017
$725,000
Public Record
Sold
Feb 22, 1999
$320,000
Public Record