NOT LISTED FOR SALE

762 Puerta de Lomas Fallbrook, CA 92028

3 Beds
2 Baths
1,744 Sq Ft
7.19 Acres

Last Sold January 24, 2023

Last sale price $1,050,000 $602 Per Sq Ft

21 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Mountain View
  • No HOA
  • 7.19 Acre Lot
  • Private Yard
  • Home Office

About This Home

As of January 2023

INCREDIBLE 6-UNIT INVESTMENT OPPORTUNITY! Sprawling property with lots of separation between units, beautiful orchard views and CASH FLOW! Your tenants will enjoy loads of privacy on this massive 7-acre homestead. Projected full 2022 income is 128K! Actual income up to November is 119K without counting 1 owner occupied unit that could rent for $2,500-3,000 a month! Unit 6 is not included in income as it is currently owner occupied. Current NOI is $105,848 without unit 6 rent. Currently a 10 CAP. See for yourself that this is the perfect investment opportunity!

Last Agent to Sell the Property

Joseph Onello

KW Temecula License #01939948 Listed on: 11/17/2022

KW Temecula

Last Buyer's Agent

Rich Rollins

Rollins Realty License #00372659

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 7.19 Acre Lot
  • Private Yard
  • Property is zoned RR

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,744 Sq Ft Home
  • Fireplace
  • Home Office
  • Workshop
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 10 Main Level Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Utilities

  • Zoned Cooling
  • Septic Type Unknown
  • Shared Septic

Community Details

  • No Home Owners Association
  • Fallbrook Subdivision
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 3120
  • Tax Tract Number 3120
  • Assessor Parcel Number 1211721600
  • $242 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Fallbrook
  • View: Yes
  • Zoning: RR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1211721600
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1744.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 7
  • Main Level Bedrooms: 10
  • Price Per Square Foot: 602.06
  • Room Type: All Bedrooms Down, Office, Workshop

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Septic Type Unknown, Shared Septic
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 313196.00
  • Lot Size Acres: 7.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 313196.0000 Square Feet
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 186.19
  • Tax Lot: 3120
  • Tax Tract Number: 3120
  • TaxOtherAnnualAssessmentAmount: 242.00
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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
01/24/2023 01/24/23 Sold $1,050,000 0.0% $602 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
12/08/2022 12/08/22 Off Market $1,050,000 -- --
11/17/2022 11/17/22 For Sale $1,000,000 -- $573 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,425 $1,092,420 $936,360 $156,060
2024 $11,425 $1,071,000 $918,000 $153,000
2023 $8,581 $800,000 $640,000 $160,000
2022 $8,601 $800,000 $640,000 $160,000
2021 $5,790 $530,000 $424,000 $106,000
2020 $5,803 $530,000 $424,000 $106,000
2019 $5,492 $500,000 $400,000 $100,000
2018 $5,410 $480,000 $384,000 $96,000
2017 $5,355 $475,000 $380,000 $95,000
2016 $4,958 $440,000 $352,000 $88,000
2015 $4,526 $400,000 $320,000 $80,000
2014 $3,721 $325,000 $260,000 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW22243349

California Regional Multiple Listing Service (CRMLS)

APN: 121-172-16-00

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