$870,000
$879,000
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3690 Lupine Ln Fallbrook, CA 92028
4 Beds
4 Baths
3,301 SqFt
Key Details
Sold Price $870,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,301 sqft
Price per Sqft $263
Subdivision Fallbrook
MLS Listing ID 210008237
Sold Date 06/25/21
Bedrooms 4
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1989
Lot Size 2.490 Acres
Acres 2.49
Property Description
Beautiful, large 2.49 acre gated estate located on corner lot with outstanding, westerly views! Open floor plan, vaulted ceilings with exposed beams, tons of windows to let the light flow through and wrap around deck. First level has 3 beds and 2.5 baths. Downstairs has 1 bedroom, 1 full bath, and 1 bonus room that can be used as a bedroom. Downstairs also includes full kitchen. Laundry room upstairs, and an additional washer/dryer in garage. Perfect for extended family, or renting out the downstairs for extra income! Sprawling acreage allows for plenty of parking, RV, avocado/fruit trees. Horse property with corral already on property. Both units were rented for a total of $4,250.00. Upstairs $2750, downstairs $1500. Property is Zoned Agriculture. Unlimited horses allowed. Up to 28 chickens allowed and turkeys allowed. Sellers raised chickens producing up to 700 eggs per month and sold eggs and turkeys for Thanksgiving. The County will allow you to build a separate single family home up to 1200 square feet with similar architecture style. Parking for large events up to 12 to 15 cars within the gated area and up to 40 more cars, RVs, Boats, Campers or storage outside the gated area. Can plant up to 220 avocado trees, this is an avocado grove up to 2.5+ acres available for avocados, citrus, macadamia nuts, etc. Planting for a nursery. Great event space, property has hosted events up to 80 to 100 people! Seller recommends building a two unit (duplex), 600 square feet per unit and rent each unit for $1,400 to $1,800 per unit with a total cash flow of $2,800 to $3,600 per month adding to the $1,550 per month for down stairs producing a total rent of $4,350 to $5,150 not including any rent for upstairs for investors. Adding $2,750 for renting upstairs makes the total property potential income of $7,050 to $7,850 per month total potential income. Equipment: Dryer, Range/Oven, Washer Sewer: Sewer Available Topography: RSLP
Location
State CA
County San Diego
Area 92028 - Fallbrook
Rooms
Ensuite Laundry Laundry Room, Propane Dryer Hookup
Interior
Interior Features Bedroom on Main Level, Main Level Master
Laundry Location Laundry Room,Propane Dryer Hookup
Heating Forced Air, Propane
Cooling None
Fireplace No
Appliance Barbecue, Double Oven, Refrigerator
Laundry Laundry Room, Propane Dryer Hookup
Exterior
Garage Concrete, Unpaved
Garage Spaces 3.0
Garage Description 3.0
Fence Partial
Pool None
Parking Type Concrete, Unpaved
Attached Garage Yes
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 1072105100
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Margie Ustupski • SANDICOR, Inc.