615 Fredricks Ave 146, Oceanside, California 92058, Oceanside, 92058 - 2 bed, 2 bath
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615 Fredricks Ave 146
Oceanside, California 92058
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
987Sq Ft
74,075Lot Size
Property Price
LIST PRICE$399,000
EST. MARKET VALUE
$419,000
4% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $419,000—positioned well below the $490,500 Fair Market Value by 14%. This valuation gap offers $71,500 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit includes recent upgrades like new flooring and fresh paint. With VA and Conventional financing approval and access to a community pool, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in ready home in North County.
Estimated Market Value
$419,000+$20,000 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 146 Subject | $399,000* List Price | 2 | 2 | 987 | $425 | - |
A 471 Los Arbolitos Sold | $508,000 | 2 | 1 | 1,017 | $500 | 0.2 mi |
B 615 Fredricks 104 Sold | $360,000 | 1 | 1 | 712 | $506 | 0.0 mi |
C 455 Los Arbolitos Sold | $515,000 | 2 | 1 | 1,017 | $506 | 0.2 mi |
D 335 Fireside Street Sold | $480,000 | 2 | 1 | 1,017 | $472 | 0.3 mi |
E 615 Fredricks Avenue 168 Active | $495,000 List Price | 3 | 2 | 1,129 | $438 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1978, the unit has been recently remodeled with brand new flooring, fresh paint, and a new bathroom vanity. The kitchen features updated stainless steel appliances and stone countertops, meeting the criteria for a high-quality renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Upgrades
The unit features brand new flooring, fresh paint, and a new vanity, offering a modern, move-in-ready environment that appeals to buyers looking for immediate occupancy.
- Flexible Financing Options
The complex is both VA and Conventional loan approved, providing a significant advantage for military personnel and buyers seeking diverse financing paths in a competitive market.
- Secure Gated Community Amenities
Situated within the gated Forest Glen community, the property offers enhanced security, well-maintained Mediterranean-style grounds, and access to a community pool.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The association fee of $667 per month is relatively high for this price point, which may impact the debt-to-income ratio and overall affordability for budget-conscious buyers.
- Aging Infrastructure
Originally constructed in 1978, the complex may face long-term maintenance requirements or potential special assessments typical of older developments, despite the unit's internal cosmetic updates.
About 615 Fredricks Ave 146
An affordable way into North County living, in the gated Forest Glen community. This 2 bedroom, 2 bath condo offers 987 square feet of recently remodeled living space in one of Oceanside's most established gated communities. It feels even bigger than it is because of the great interior layout and bright, open spaces. Brand new flooring, fresh paint, laundry connections, and new vanity make this quiet, upstairs unit an easy “yes”. Forest Glen is a gated, Mediterranean-style community built in 1978 with 180 units, offering a community pool and well-maintained grounds. Located in the San Luis Rey neighborhood of Oceanside, the complex sits close to Camp Pendleton, Highway 76, with close, easy access to everyday shopping and dining, with quick drive to the coast. An accessible opportunity to own in North County.
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
- $667.0 / 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 | $399.0K | $574.6K |
| Price per sq ft | $404 | $540 |
| Built year | 1978 | 1988 |
| HOA | $667.0 | $528 |
| Days on market | 27 | 59 |
Pricing History
Listed for Sale
Aug 26, 2026
$399,000
$414,000
-4% Price Drop
Initial Listing
Price Change
Aug 22, 2026
$414,000
$419,000
-1% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$419,000
Initial Listing
Sold
May 20, 2016
$205,000
Public Record
Sold
Jan 30, 2008
$202,500
Public Record