$875,000
OPEN SAT 11AM - 2PM

1423-25 Vía Lima Fallbrook, CA 92028

Estimated payment $5,369/month

5 Beds
3 Baths
2,383 Sq Ft
$367 Price per Sq Ft

Highlights

  • No HOA
  • Cul-De-Sac
  • Central Air
  • La Paloma Elementary School Rated 9+
  • Laundry Room
  • Wood Fence

About This Home

A rare investment or multi-generation ownership opportunity in a desirable Fallbrook neighborhood. Built in 2009, this well-designed duplex property sits on one half acre, and offers a flexible living and income configuration with two distinct units, perfect as long-term rentals, an owner-occupied property with income support, or extended family housing. Total Living Area: Approx. 2,383 sq. ft of versatile multi-family space. Primary Unit: Spacious layout with 3 bedrooms and 2 bathrooms, ideal as the main residence. Second Unit: Attached 2-bed, 1-bath secondary residence with its own access, functional rental or guest unit. Separate Outdoor Space: Each unit has its own private backyard area, promoting tenant privacy and flexibility of use. Parking & Storage: Includes a 2-car garage plus ample driveway space on the lot. The property benefits from proximity to local schools, shopping, dining, and commuter corridors. La Paloma Elementary and other Fallbrook schools serve the area.

Listing Agent

Violet Helling

Compass Brokerage Phone: 760-518-0948 License #02351864 Listed on: 03/02/2026

Co-Listing Agent

Rebecca Monge

Compass Brokerage Phone: 760-518-0948 License #01961244

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2009

Lot Details

  • 0.5 Acre Lot
  • No Common Walls
  • Cul-De-Sac
  • Wood Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,383 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Central Air
  • No Heating

Listing and Financial Details

  • Tax Lot Pm16726
  • Tax Tract Number 16726
  • Assessor Parcel Number 1056306000
  • $33 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Trash Expense $167
  • Operating Expense $640
  • Gross Income $4,450

Property Details

Home Type

Multi-Family

Year Built

Built in 2009

Lot Details

0.5 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: R-1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 1056306000
  • Year Built: 2009
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: 257

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Price Per Square Foot: 367.18

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Range, Dishwasher
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 167.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, 0-1 Unit/Acre
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000

Multi Family

  • Gross Income: 4450.00
  • Gross Scheduled Income: 51677.00
  • Lot Size Area: 0.5000 Acres
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 670.00
  • Rent Control: No
  • Total Expenses: 640.00

Tax Info

  • Tax Lot: Pm16726
  • Tax Tract Number: 16726
  • TaxOtherAnnualAssessmentAmount: 33.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2026 03/02/26 For Sale $875,000 -- $367 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2601974

California Regional Multiple Listing Service (CRMLS)

APN: 105-630-60

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