615 Fredricks Ave 156, Oceanside, California 92058, Oceanside, - bed, bath
ACTIVE$520,000
615 Fredricks Ave 156, Oceanside, California 92058
3Beds
2Baths
1,200Sqft
Lot
Year Built
1978
Close
-
List price
$520K
Original List price
$520K
Price/Sqft
-
HOA
$555
Days on market
-
Sold On
-
MLS number
250042215SD
Home ConditionGood
Features
Good View:
View-
About this home
Excellent opportunity to own a 3BR/2BA unit in desirable Oceanside. Long-term tenant in place with lease through June 2026, immediate rental income! Features upgraded flooring, modern kitchen with updated appliances, and one bedroom conveniently located off the main living room. The unit located on the second floor with a spacious patio overlooking the city and mountains; Easy access to Camp Pendleton, shopping centers, CA-76/I-5 freeways, and just minutes to the beach and harbor. Great investment in a sought-after coastal community! VA approved/Conventional approved.
Nearby schools
4/10
Louise Foussat Elementary School
Public,•K-5•0.6mi
/10
Ocean Shores High (Continuation) School
Public,•9-12•2.1mi
5/10
Oceanside High School
Public,•9-12•3.3mi
Price History
Date
Event
Price
10/22/25
Listing
$520,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (28 Listings) | |
|---|---|---|---|
| Beds | 3 | 2 | 69% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,200 | 1,017 | 86% |
| Lot Size | 0 | 268,421 | |
| Price | $520K | $550K | 31% |
| Price per square foot | $433 | $506 | 7% |
| Built year | 1978 | 1985 | 21% |
| HOA | $555 | $500 | 69% |
| Days on market | 13 | 148 | 3% |
Condition Rating
Good
Despite being built in 1978, the property features a 'modern kitchen with updated appliances' and 'upgraded flooring,' as stated in the description and visible in the images. The kitchen boasts stainless steel appliances, granite-like countertops, and well-maintained wood cabinetry, indicating a significant renovation. The living area carpet also appears fresh and clean. While the overall building is older, these key updates make the unit move-in ready with no immediate renovation required, aligning with the criteria for a 'Good' condition score, assuming the renovations were completed within the last 5-15 years.
Pros & Cons
Pros
Immediate Rental Income & Investment Potential: The property comes with a long-term tenant in place with a lease through June 2026, ensuring immediate rental income and making it an attractive investment opportunity.
Prime Coastal Location & Accessibility: Situated in desirable Oceanside, offering easy access to Camp Pendleton, major freeways (CA-76/I-5), shopping centers, and just minutes from the beach and harbor.
Modernized Interior Features: Boasts upgraded flooring and a modern kitchen with updated appliances, reducing immediate renovation needs for a new owner or tenant.
Broad Financing Options: The property is VA and Conventional approved, which significantly expands the pool of potential buyers and simplifies financing.
Scenic Views & Outdoor Living: Features a spacious second-floor patio with views overlooking the city and mountains, enhancing lifestyle and appeal.
Cons
High Association Fee: The monthly association fee of $555.0 is substantial and could impact the overall affordability and investment returns for potential buyers.
Tenant Occupancy Limitation: The long-term tenant with a lease through June 2026 means the property is not suitable for immediate owner-occupancy, narrowing the potential buyer market to investors.
Age of Building: Built in 1978, the building is over 45 years old, which may lead to higher maintenance costs or special assessments for common area repairs in the future, despite interior unit upgrades.