$800,000
$829,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
835 Magarian RD Fallbrook, CA 92028
4 Beds
3 Baths
9,147 Sqft Lot
Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SW24117579
Sold Date 07/26/24
Bedrooms 4
Full Baths 3
Construction Status Additions/Alterations,Updated/Remodeled,Repairs Major
HOA Y/N No
Year Built 1960
Lot Size 9,147 Sqft
Property Description
Welcome to a remarkable investment opportunity in the heart of the Avocado capital of the world, just a stone's throw from Temecula Wine Country! This beautifully renovated single-story home presents a unique chance to secure a property that combines modern living with excellent rental potential. Situated in desirable Fallbrook near Temecula Wine Country, this single-story home has been meticulously maintained and completely remodeled within the last four years, ensuring a stylish and functional living environment. The property features two separate units, both of which have been successfully rented for the past three years (ask the agent for rent rolls). Live in one unit and significantly offset your mortgage by renting out the other, or take advantage of the lucrative rental market. The main house and the converted garage (now a charming granny flat) share one water and gas meter but maintain their comfort with separate A/C and heating systems. The granny flat boasts a full kitchen, living room, spacious master bedroom, and master bathroom—perfect for guests, long-term renters, or even as a vacation rental. Step outside to enjoy a massive deck with a pergola and a serene bamboo zen garden, perfect for relaxation and entertainment. The property also offers ample space for RV parking, a storage shed, and a large driveway that can accommodate multiple cars. Harvest fresh fruit from four orange trees, a mandarin orange tree, a lemon tree, and a pomegranate tree, or explore your green thumb with gardening, raising chickens, or adding a pool. This home is not only a retreat but also a savvy investment. It’s ideally located in a prime neighborhood that promises convenience and a high quality of life. Don’t miss out on this unique opportunity to own a versatile property that offers both modern amenities and significant rental income potential. Contact us today to make this exceptional investment yours!
Location
State CA
County San Diego
Area 92028 - Fallbrook
Zoning RS
Rooms
Main Level Bedrooms 4
Ensuite Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Interior
Interior Features All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
Laundry Location Common Area,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance 6 Burner Stove, Convection Oven, Dishwasher, Disposal, Microwave
Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Fence Average Condition
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
View Y/N No
View None
Porch Deck, Wood
Total Parking Spaces 3
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard
Story 1
Entry Level One
Foundation None
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Additions/Alterations,Updated/Remodeled,Repairs Major
Schools
School District Fallbrook Union
Others
Senior Community No
Tax ID 1053511100
Acceptable Financing Submit
Listing Terms Submit
Financing Conventional
Special Listing Condition Standard
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Bought with Jessica Wilkinson • Real Broker