Fallbrook, CA 92028,835 Magarian RD
Fallbrook, CA 92028,835 Magarian RD
Fallbrook, CA 92028,835 Magarian RD
Fallbrook, CA 92028,835 Magarian RD
Fallbrook, CA 92028,835 Magarian RD
Fallbrook, CA 92028,835 Magarian RD
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$800,000

$829,000

3.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

3 Baths

2,040 SqFt


SOLD DATE : 07/26/2024

Key Details

Sold Price $800,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,040 sqft

Price per Sqft $392

MLS Listing ID SW24117579

Bedrooms 4

Full Baths 3

Year Built 1960

Lot Size 9,147 Sqft

Property Description

Welcome to a remarkable investment opportunity in the heart of the Avocado capital of the world, just a stone's throw from Temecula Wine Country! This beautifully renovated single-story home presents a unique chance to secure a property that combines modern living with excellent rental potential. Situated in desirable Fallbrook near Temecula Wine Country, this single-story home has been meticulously maintained and completely remodeled within the last four years, ensuring a stylish and functional living environment. The property features two separate units, both of which have been successfully rented for the past three years (ask the agent for rent rolls). Live in one unit and significantly offset your mortgage by renting out the other, or take advantage of the lucrative rental market. The main house and the converted garage (now a charming granny flat) share one water and gas meter but maintain their comfort with separate A/C and heating systems. The granny flat boasts a full kitchen, living room, spacious master bedroom, and master bathroom—perfect for guests, long-term renters, or even as a vacation rental. Step outside to enjoy a massive deck with a pergola and a serene bamboo zen garden, perfect for relaxation and entertainment. The property also offers ample space for RV parking, a storage shed, and a large driveway that can accommodate multiple cars. Harvest fresh fruit from four orange trees, a mandarin orange tree, a lemon tree, and a pomegranate tree, or explore your green thumb with gardening, raising chickens, or adding a pool. This home is not only a retreat but also a savvy investment. It’s ideally located in a prime neighborhood that promises convenience and a high quality of life. Don’t miss out on this unique opportunity to own a versatile property that offers both modern amenities and significant rental income potential. Contact us today to make this exceptional investment yours!

Location

State CA

County San Diego

Area 92028 - Fallbrook

Zoning RS

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Laundry Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Fence Average Condition

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre, Back Yard, Front Yard

Story 1

Foundation None

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Fallbrook Union

Others

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

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Charles Laird - CB Realty

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California Regional MLS (CRMLS)
Listed by Nelson Coburn • Coldwell Banker Realty-Dana Point/San Clemente • 808-306-9822
Bought with Jessica Wilkinson • Real Broker

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