$1,150,000

537 De Luz Rd Fallbrook, CA 92028

Estimated payment $6,709/month

Total Views 3,555
4 Beds
3 Baths
1,700 Sq Ft
$676 Price per Sq Ft

About This Home

**Three (3) Detached Cottage Style Homes on One Lot** Fantastic 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 $23,304

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: 5.0
  • Co List Office Mls Id: 60078
  • Subdivision Name: FALLBROOK
  • BuildingName: n/a
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-04-01T00:50:05Z
  • AgeRestrictions: N/K
  • FullAddress: 537 DeLuz Rd
  • ShortSale: No
  • Special Features: None
  • 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: 23304.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $6,823 $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

Date Event Price List to Sale Price per Sq Ft Prior Sale
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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