$1,095,000
$55K PRICE DROP

537 De Luz Rd Fallbrook, CA 92028

Estimated payment $6,485/month

Total Views 6,305
4 Beds
3 Baths
1,700 Sq Ft
$644 Price per Sq Ft

About This Home

**Three (3) Detached Cottage Style Homes on One Lot** Great Location in One of San Diego’s Strongest Rental Markets • Two (2) Detached 2Bdrm/1Bthrm Houses + One (1) Detached Studio • All Units Have Private Yards, In-Unit Laundry, & Off-Street Parking • Well-Maintained / High Income Property • Separately Metered for SDGE & Submetered for Water • Walking Distance to Downtown Fallbrook • Nearby Ammunition Rd w/ Direct Access to Camp Pendleton

Listing Agent

Angelo La Bruna

Apartment Realty Group (ARG) License #01991625 Listed on: 03/31/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • 1,700 Sq Ft Home
  • 1-Story Property

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Fallbrook Subdivision

Building Details

  • Operating Expense $22,713

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Unit Levels: 1 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • CapRate: 5.31
  • Co List Office Mls Id: 60078
  • Subdivision Name: FALLBROOK
  • BuildingName: n/a
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-06-10T17:47:56Z
  • AgeRestrictions: N/K
  • FullAddress: 537 DeLuz Rd
  • ShortSale: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Fencing: N/K
  • Roof: Composition, Rolled/Hot Mop
  • Construction Type: Stucco

Utilities

  • Cooling: Central Forced Air, Wall/Window

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 22713.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,989 $647,336 $530,604 $116,732
2024 $6,823 $634,644 $520,200 $114,444
2023 $6,620 $622,200 $510,000 $112,200
2022 $6,622 $610,000 $500,000 $110,000
2021 $1,985 $180,965 $66,346 $114,619
2020 $2,009 $179,110 $65,666 $113,444
2019 $1,981 $175,599 $64,379 $111,220
2018 $1,951 $172,157 $63,117 $109,040
2017 $750 $168,782 $61,880 $106,902
2016 $1,848 $165,473 $60,667 $104,806
2015 $1,807 $162,988 $59,756 $103,232
2014 $1,775 $159,796 $58,586 $101,210
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2026 06/10/26 Price Changed $1,095,000 -4.8% $644 / Sq Ft
03/31/2026 03/31/26 For Sale $1,150,000 +88.5% $676 / Sq Ft
10/05/2021 10/05/21 Sold $610,000 -1.5% -- View Prior Sale
08/27/2021 08/27/21 For Sale $619,000 -- --
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 260007517

San Diego MLS

APN: 103-117-01-00

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