
Oceanside, California 92058
This Condominium represents a High-Potential Investment Opportunity, listed at $495,000—positioned well below the $576,896 Fair Market Value by 14%. This valuation gap offers $81,896 in Instant Equity. Featuring a Condition Rating of 2 with a Granite Kitchen and 2024 bathroom renovations, the home is move-in ready. With a Park/Greenbelt View and proximity to Oceanside Unified schools, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 615 Fredricks Avenue 168 Subject | $495,000* List Price | 3 | 2 | 1,129 | $502 | - |
A 471 Los Arbolitos Sold | $508,000 | 2 | 1 | 1,017 | $500 | 0.2 mi |
B 335 Fireside Street Sold | $480,000 | 2 | 1 | 1,017 | $472 | 0.3 mi |
C 455 Los Arbolitos Sold | $515,000 | 2 | 1 | 1,017 | $506 | 0.3 mi |
D 637 Persimmon Way Sold | $569,500 | 2 | 2 | 1,154 | $494 | 0.2 mi |
E 301 Island Way 6 Sold | $565,000 | 2 | 2 | 1,005 | $562 | 0.6 mi |
F 615 Fredricks Avenue 89 Active | $499,000 List Price | 2 | 2 | 1,276 | $391 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1978, the property underwent significant renovations within the last 5 years, including full bathroom remodels in 2024, new dual-pane windows/doors in 2024, and a 2026 balcony replacement. The kitchen is updated with granite and stainless appliances, making it move-in ready with no immediate maintenance required.
The property features significant 2024-2026 upgrades, including fully renovated bathrooms, new dual-pane windows, and a completely replaced private balcony, offering immediate value and reduced maintenance for the buyer.
Being VA-approved and with the seller committed to paying the upcoming special assessment, this home presents a low-barrier entry for military buyers and a significant upfront financial saving.
The updated kitchen with granite countertops and stainless steel appliances has been opened to the living area, creating a bright, contemporary flow that is highly desirable for both families and renters.
The monthly association fee of $670 is relatively high for this price point, which may impact the debt-to-income ratio for first-time buyers and reduce net cash flow for investors.
The mention of new board leadership and recent special assessments suggests the community is currently navigating a period of financial restructuring, which may concern risk-averse buyers.
Welcome to Top-Floor Living in the Heart of Oceanside Discover the perfect blend of comfort, convenience, and coastal living in this beautifully maintained 3-bedroom, 2-bath top-floor condo in the desirable Forest Glen community. Thoughtfully updated with new windows (2024), a remodeled bathroom, and a brand-new balcony completed in 2026, this home is truly move-in ready. The spacious open floor plan features granite countertops, abundant cabinetry, and a kitchen that flows effortlessly into the living and dining areas—perfect for entertaining friends or enjoying a quiet evening at home. One of this home's greatest advantages is its top-floor location, offering added privacy with no neighbors above and peaceful views from your private balcony—the perfect place to enjoy your morning coffee or unwind after a day at the beach. Beyond your front door, you'll love the lifestyle this location offers. Just a 5-minute walk is the newly renovated Marketplace Del Rio, featuring grocery shopping, restaurants, coffee, fitness, and everyday conveniences—making it easy to leave the car at home. Located just minutes from Oceanside Harbor, beaches, Camp Pendleton, Highway 76, and Interstate 5, and the new Frontwave Arena, commuting and weekend adventures are equally convenient. Looking toward the future, this area continues to grow with exciting improvements, including the planned Oceanside Wave Park and RV Resort, expected to bring new recreation and amenities to the community in the coming years. Additional highlights include: Top-floor location with no upstairs neighbors 3 bedrooms and 2 full bathrooms New windows (2024) Remodeled bathroom Brand-new balcony (2026) Granite countertops Covered carport with private storage VA-approved community Beautifully maintained Forest Glen neighborhood Whether you're purchasing your first home, downsizing, or looking for a low-maintenance lifestyle close to everything Oceanside has to offer, this home is ready to welcome its next owners.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 9-12 • 2.1 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,129 | 1,079.414 |
| Lot Size | - | 68,707.138 |
| Price | $495.0K | $574.6K |
| Price per sq ft | $438 | $540 |
| Built year | 1978 | 1988 |
| HOA | $670.0 | $528 |
| Days on market | 63 | 59 |
Jul 8, 2026
$495,000
Initial Listing
Sep 30, 2019
$300,000
Public Record
Sep 18, 2006
$300,000
Public Record