615 Fredricks Ave 142, Oceanside, California 92058, Oceanside, 92058 - 2 bed, 2 bath
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615 Fredricks Ave 142
Oceanside, California 92058
ACTIVE
CONDITION: GOOD
2Beds
2Baths
987Sq Ft
74,075Lot Size
Property Price
LIST PRICE$410,000
EST. MARKET VALUE
$449,999
8% BelowMARKET VALUE
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $449,999—positioned well below the $489,507 Fair Market Value by 8%. This valuation gap offers $39,508 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit boasts a Granite Kitchen and modern finishes. Residents enjoy resort-style amenities including a Community Pool and proximity to coastal beaches. This property is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, well-located asset.
Estimated Market Value
$449,999+$39,999 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oceanside.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 615 Fredricks Ave 142 Subject | $410,000* List Price | 2 | 2 | 987 | $456 | - |
A 615 Fredricks 104 Sold | $360,000 | 1 | 1 | 712 | $506 | 0.0 mi |
B 455 Los Arbolitos Sold | $515,000 | 2 | 1 | 1,017 | $506 | 0.2 mi |
C 335 Fireside Street Sold | $480,000 | 2 | 1 | 1,017 | $472 | 0.3 mi |
D 471 Los Arbolitos Sold | $508,000 | 2 | 1 | 1,017 | $500 | 0.2 mi |
E 359 Los Arbolitos Boulevard Sold | $440,000 | 2 | 1 | 1,017 | $433 | 0.2 mi |
F 615 Fredricks Avenue 161 Active | $449,000 List Price | 2 | 2 | 987 | $455 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1978 but features a clear mid-range renovation (likely 5-15 years old) including granite countertops, stainless steel appliances, and updated laminate flooring. The bathrooms have been modernized with granite vanities and tile surrounds. The unit is well-maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior Finishes
The kitchen is well-appointed with granite countertops and stainless steel appliances, providing a move-in-ready aesthetic that appeals to modern buyers.
- Strategic Coastal Location
Ideally situated minutes from Oceanside's beaches and Camp Pendleton with quick access to Highways 76, 78, and I-5, offering excellent convenience for commuters.
- Comprehensive Community Amenities
The gated Forest Glen community provides resort-style living with a pool and BBQ area, while the HOA fee conveniently covers water, sewer, and trash services.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $641 per month, the association dues are relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Aging Building Infrastructure
Built in 1978, the property may lack the energy efficiency of newer constructions and could require more frequent long-term maintenance of common areas.
About 615 Fredricks Ave 142
Welcome to this beautifully maintained second-floor condominium in the gated Forest Glen community of Oceanside. This inviting home offers a bright, open-concept floor plan with abundant natural light, spacious living and dining areas, and a well-appointed kitchen featuring granite countertops, stainless steel appliances, and a convenient breakfast bar. The generously sized primary suite provides a private retreat with an en-suite bath, while the private balcony is the perfect place to enjoy your morning coffee or unwind in the evening. Located on the second floor, this home offers added privacy and elevated views. Additional highlights include in-unit laundry, assigned parking, and low-maintenance living. Residents enjoy resort-style amenities including a community pool, BBQ area, and gated access. The HOA also covers water, sewer, and trash for added value. Ideally situated just minutes from Oceanside's beautiful beaches, Camp Pendleton, shopping, dining, and convenient access to Highways 76, I-5, and 78, this home is an excellent opportunity for first-time buyers, investors, or anyone looking to enjoy the coastal lifestyle.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1978
- Lot Size
- 74,075 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $641.0 / Month
Neighborhood Insights
Oceanside Unified Schools
Louise Foussat Elementary School
Grades K-5 • 0.6 mi
4/10
Ocean Shores High (Continuation) School
Grades 9-12 • 2.1 mi
0/10
Oceanside High School
Grades 9-12 • 3.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 987 | 1,079.414 |
| Lot Size | 74,075 | 68,707.138 |
| Price | $410.0K | $574.6K |
| Price per sq ft | $415 | $540 |
| Built year | 1978 | 1988 |
| HOA | $641.0 | $528 |
| Days on market | 48 | 59 |
Pricing History
Listed for Sale
Aug 4, 2026
$410,000
$449,999
-9% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$449,999
Initial Listing
Sold
Mar 9, 2022
$410,000
Public Record
Sold
Feb 22, 2018
$246,000
Public Record
Sold
Mar 17, 2008
$202,500
Public Record