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,… Read More 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. Read Less
Listed by Realty Masters & Associates, I909-993-5710, Adam Sparks
Listing Snapshot
Days Online
9
Last Updated
Property Type
Detached
Beds
4
Full Baths
2
Square Ft.
1,600
Lot Size
0.72 Acres
Year Built
1952
MLS Number
SW25087984
30 Days Snapshot Of 92028
$1.03M
+8%
(avg) sold price
45
0%
homes sold
45
-4%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
1,600 estimated square feet, Source: Estimated, Built in 1952, 1 story, Deck, Other/Remarks, Screened Porch, Wood, 1 story
Cooling
Central Forced Air
Fence
Other/Remarks, Barbed Wire, Needs Repair, Wood
Floors
Wood
Water Features
Other/Remarks, Public
Heating
Fireplace, Forced Air Unit, Other/Remarks, Natural Gas
Interior Features
Interior wall: block/brick
Laundry
Laundry Room
Lot
Approximately 31,363 square feet, Approximately 0 acres
Miscellaneous
Mountainous
Parking
Non-Garage Parking: No Driveway, See Remarks, RV Parking: On-Site Parking
Property
Exclusive use yard, Kennel, Mountains/Hills, Other/Remarks
Roof
Composition, Other/Remarks
Utilities
Satellite Dish
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