Description
Investor opportunity
two homes on one lot just under an acre! – rehab or rental income potential
amazing value-add opportunity in fallbrook (rainbow)! this property includes two separate units on the same lot, ideal for investors, flippers, or diy buyers.
main house: tax records list as 2 bed / 1 bath, but the home is actually 4 bedrooms (den can be 4th bedroom), 2 bathrooms, approximately 1,600 sq ft. features include central heat and a/c, fireplace, and patio access. chicken coup and multiple storage sheds and room for rv's, boats, toys, etc.
back unit (adu): approx. 400 sq ft, featuring 1 bedroom, 3/4 bath, an open kitchen/dining/living layout, plus a loft sleep space above.
located in rr zoning (rural residential), close to schools, county park, shopping, down the street from famous rainbow oaks cafe, freeway access, 10 minutes from temecula.
buyer to verify all details, permits, and square footage. great opportunity for rental income or a full remodel.
Property Type
ResidentialSubdivision
FallbrookCounty
San DiegoStyle
ResidentialAD ID
49470406
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Property Details
-
Interior Features
Bedroom Information
- Total Bedrooms : 4
Bathroom Information
- Total Baths: 2
- Full Baths: 2
Water/Sewer
- Water Source : Public,See Remarks
- Sewer : None,Septic Type Unknown
Interior Features
- Roof : Composition,See Remarks
- Exterior Property Features : Kennel
- Interior Features: Beamed Ceilings,Block Walls,Living Room Deck Attached,Open Floorplan,See Remarks,Storage,Bar
- Windows: Bay Window(s),Stained Glass,Wood Frames
- Property Appliances: Vented Exhaust Fan
- Fireplace: Living Room
- Flooring: Wood
Cooling Features
- Central Air
- Air Conditioning
Heating Source
- Central,Fireplace(s),Natural Gas,See Remarks
- Has Heating
Fireplace
- Fireplace Features: Living Room
- Has Fireplace: 1
-
Exterior Features
Building Information
- Year Built: 1952
- Roof: Composition,See Remarks
Exterior Features
- Kennel
Foundation
- See Remarks
Accessibility Features
- See Remarks
Pool Features
- None
Laundry Features
- Laundry Room
Patio And Porch
- Deck,Porch,Screened,See Remarks,Wood
Fencing
- Block,Barbed Wire,Needs Repair,See Remarks,Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Assessor
- Lot Size Acres: 0.72
- Lot Size Source: Assessor
- Lot Size Square Feet: 31363
-
Listing Information
Listing Price Information
- Original List Price: 699,900
- Listing Contract Date: 2025-04-22
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 1024202400
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: No Driveway,RV Access/Parking,See Remarks
Homeowners Association
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Closed
- Source Neighborhood: 92028 - Fallbrook
- Postal Code Plus 4: 9786
- Directions: Use GPS
- Zoning: RR
- Source Property Type: Residential
- Area: 92028 - Fallbrook
- Property SubType: Single Family Residence
Building and Construction
- Property Age: 73
- Common Walls: No Common Walls
- Property Condition: Fixer,Repairs Cosmetic,Repairs Major
- Structure Type: Single Family Residence
- Year Built Source: Assessor
- Total Square Feet Living: 1600
- Entry Level: 1
- Entry Location: Porch
- Levels or Stories: One
- Building Total Stories: 1
- Structure Type: House
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BuyOwner last updated this listing 05/11/2025 @ 16:29
- MLS: SW25087984
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 4 bedrooms which is recently sold, it has 1,600 sqft, 31,363 sized lot, and 0 parking. are nearby neighborhoods.