835 MAGARIAN ROAD, FALLBROOK, CA 92028

4 Beds, 3 Baths, 2040 Sqft

$829,000


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 bathroomperfect 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

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 bathroomperfect 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. Its ideally located in a prime neighborhood that promises convenience and a high quality of life. Dont 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!



DETAILED INFORMATION
MLS#:SW24117579Price:$829,000
Listing Date:06-07-2024Original Price:$829,000
List Status:ActiveProperty Type:Detached
Parcel Number:1053511100School District:
Days on Market:11Sqft:2040
Complex Name:Price Per Sqft:$406
Subdivision:Stories:1 Story
Community:Bed:4
Year Built:1960Baths:3
Zoning:RSArch. Style:
Pool:N/kLot Size:7,500-10,889 Sf
Spa:N/kLot Sqft:9148
Exterior:Lot Description:Curbs,sidewalks
Floors:Acres:0.21
Roof:Age Restrictions:
Water:PublicTopography:
Sewer:Public SewerFireplace:
Fence:Average ConditionPets:
Association Name:Assoc Phone:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:Heating:Forced Air Unit
Other Fees:$0Cooling:Central Forced Air
Other Fee Paid:Other Fee Type:
Mello Roos:$40Mello Roose Paid:Year
Master Bedroom:Family Room:
Bedroom 2:Bedroom 3:
Bedroom 4:Bedroom 5:
Kitchen:Living Room:
Other Room:Miscellaneous:Gutters,storm Drains,suburban
Additional Land Use:Parking:
Boat Facilities:Security:
Guest House: Patio:Deck,wood
Frontage:Telecommunications:
Irrigation:Equipment:Dishwasher,disposal,microwave,6 Burner Stove,convection Oven
Amenities:Laundry:Laundry Room
Property Management:Property Management Phone:


HOW THIS HOME COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT

  1058 MORRO ROAD, FALLBROOK, CA 92028132400 $945,000$394
  1015 CARRYLL PARK COURT, FALLBROOK, CA 92028541826 $769,000$421
  183 SHELBY LANE, FALLBROOK, CA 92028401468 $748,000$510
  1315 VIA FELIZ, FALLBROOK, CA 92028341240 $749,900$605
  339 VIA SOPLADOR, FALLBROOK, CA 92028262649 $974,000$368
  1036 LA SOLANA DR, FALLBROOK, CA 92028EAST FALLBROOK591604 $840,000$524
  1836 VIA ENTRADA, FALLBROOK, CA 92028FALLBROOK342173 $1,049,000$483
  1571 PAULANN COURT, FALLBROOK, CA 92028EMERALD RIDGE ESTATES52873 $989,777$345
  1571 PEPPER TREE PLACE, FALLBROOK, CA 92028172057 $999,900$486

FOR SALE AVERAGES:31 2,032 $896,064$459
  835 MAGARIAN ROAD, FALLBROOK, 92028112040 $829,000$406


NEARBY SOLD HOMES PREVIOUS 6 MONTHS
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT

   944 WOODCREEK RD, FALLBROOK, CA 92028FALLBROOK371441$707,500$491
   1020 GEARALD WAY, FALLBROOK, CA 92028451768$849,000$480
   942 RIDGE HEIGHTS DRIVE, FALLBROOK, CA 92028772248$815,000$363
   1217 JULIETTE PLACE, FALLBROOK, CA 92028LA PALOMA RANCHOS291701$772,500$454
   973 AVENIDA CAMPANA, FALLBROOK, CA 92028421518$725,000$478
   953 MORRO ROAD, FALLBROOK, CA 92028221816$810,000$446
   450 WAXFLOWER LANE, FALLBROOK, CA 92028271372$717,500$523
   846 PIZZO LANE, FALLBROOK, CA 920281612139$804,000$376
   443 SHADY GLEN DRIVE, FALLBROOK, CA 9202861900$585,000$650
   830 COOKIE LANE, FALLBROOK, CA 92028511344$627,500$467
   387 PIPPIN DRIVE, FALLBROOK, CA 92028521644$710,000$432
   752 PALOMINO RD, FALLBROOK, CA 92028762150$785,000$365
   115 ELLIS LN, FALLBROOK, CA 92028FALLBROOK301798$710,000$395
   315 VIA SOPLADOR, FALLBROOK, CA 92028272761$895,000$324
   785 PALOMINO ROAD, FALLBROOK, CA 92028411945$880,000$452
   1396 FRIENDS WAY, FALLBROOK, CA 92028FRIENDS WAY1381891$849,900$449
   611 NORWYNN LANE, FALLBROOK, CA 920281451812$835,000$461
   344 NATALIE WAY, FALLBROOK, CA 92028SOUTH FALLBROOK342291$730,000$319
   656 NORWYNN LN, FALLBROOK, CA 920281722531$855,000$338
   351 OLD STAGE COURT, FALLBROOK, CA 92028711472$715,000$486
   410 PALOMINO ROAD, FALLBROOK, CA 92028711440$895,000$622
   1635 CALMIN DRIVE, FALLBROOK, CA 920281641809$740,000$409
   950 VIA PRADO, FALLBROOK, CA 920281692406$987,500$410
   1337 FRIENDS WAY, FALLBROOK, CA 92028FALLBROOK851976$1,179,900$597
   390 VISTA DEL INDIO, FALLBROOK, CA 92028FALLBROOK352045$850,000$416
   397 MERCEDES ROAD, FALLBROOK, CA 92028511453$810,000$557
   1441 DEVIN DRIVE, FALLBROOK, CA 920282452770$1,200,000$433
   784 OAK GLADE DR, FALLBROOK, CA 92028STRAWBERRY FIELDS532911$999,999$344
   207 CLAYTON PARKINSON COURT, FALLBROOK, CA 92028SHADY GROVE832843$1,200,000$422
   1544 PEPPER TREE PLACE, FALLBROOK, CA 92028271728$895,000$518

SOLD AVERAGES:77 1,931 $837,843$449




...LOADING




Listing Provided Courtesy of: Nelson Coburn, Coldwell Banker Realty-Dana Point/San Clemente.

Data Updated June 18 2024 04:53:48

Listing Last Modified:06-18-2024 04:40:56


Want to see the Property in Person?

Call or text Ari at 619 200-5969 to Schedule a private tour and for details about a property.

Data by San Diego MLS, Inc. and other providers. This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc.

Copyright © 2003-2024 Epic One Real Estate, Pacific Asset Investment Corporation. All rights reserved.