Seller's Agent in 2025
Virginia Gissing
RE/MAX
(949) 292-2850
44 in this area
60 Total Sales
Prime Investment & Instant Equity Opportunity in Fallbrook – Act Fast! This is your chance to secure a high-potential, value-add four-plex in the heart of Fallbrook! Whether you’re an investor seeking immediate cash flow or an owner-occupant looking to offset your mortgage with rental income, this property delivers. The spacious three-bedroom, 21⁄2-bath unit is perfect for a primary residence, while the three additional two-bedroom, one-bath units provide steady rental income.(Picture of the furnished living room is digitally staged) Long-term tenants (5+ years) ensure reliable cash flow, while the new owner improves one unit at a time! But here’s where the real opportunity lies, this is a handyman special, a fixer’s dream with deferred maintenance that, once addressed, unlocks huge upside potential. With strategic upgrades, you can maximize rents, boost property value, and gain instant equity. Additional perks include on-site laundry for extra income, private garages for each unit, and additional parking space, all features tenants love. Located just steps from Main Street and local shops, plus easy I-15 access, this property is in a prime rental location. Deals like this don’t last! With a little bit of elbow, grease, you’ll unlock built-in value that would normally take years of market appreciation to achieve. Don’t let this opportunity pass you by, this one will get snapped up by a savvy investor or entrepreneur who knows that with a little risk the rewards can be exponential. Drive by today, but do not disturb tenants. Interior viewings available with the listing agent present!
Last Agent to Sell the Property
RE/MAX Connections Brokerage Email: vgissing@icloud.com License #01857605 Listed on: 03/15/2025
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/21/2025 04/21/25 | Sold | $1,050,000 | 0.0% | $248 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 03/15/2025 03/15/25 | For Sale | $1,050,000 | -- | $248 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,242 | $495,772 | $193,156 | $302,616 |
| 2024 | $5,242 | $486,052 | $189,369 | $296,683 |
| 2023 | $5,088 | $476,522 | $185,656 | $290,866 |
| 2022 | $5,089 | $467,179 | $182,016 | $285,163 |
| 2021 | $4,939 | $458,020 | $178,448 | $279,572 |
| 2020 | $4,989 | $453,325 | $176,619 | $276,706 |
| 2019 | $4,905 | $444,437 | $173,156 | $271,281 |
| 2018 | $4,831 | $435,723 | $169,761 | $265,962 |
| 2017 | $4,736 | $427,181 | $166,433 | $260,748 |
| 2016 | $4,596 | $418,806 | $163,170 | $255,636 |
| 2015 | $4,507 | $412,517 | $160,720 | $251,797 |
| 2014 | $4,423 | $404,437 | $157,572 | $246,865 |
Seller's Agent in 2025
Virginia Gissing
RE/MAX
(949) 292-2850
44 in this area
60 Total Sales
Buyer's Agent in 2025
Pete Diryawush
J. Peter Realtors
(209) 610-5026
1 in this area
170 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2502498