835 Magarian Road, Fallbrook, CA 92028
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Sold Price :
$800,000
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Beds :
4
-
Baths :
3
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Property Size :
2,040 sqft
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Year Built :
1960
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!
Interior Features
| Laundry Information |
| Location(s) |
Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room |
| Bedroom Information |
| Features |
All Bedrooms Down, Bedroom on Main Level |
| Bedrooms |
4 |
| Bathroom Information |
| Features |
Bathtub, Separate Shower |
| Bathrooms |
3 |
| Interior Information |
| Features |
All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite |
| Cooling Type |
Central Air |
Listing Information
| Address |
835 Magarian Road |
| City |
Fallbrook |
| State |
CA |
| Zip |
92028 |
| County |
San Diego |
| Listing Agent |
Nelson Coburn DRE #02083958 |
| Courtesy Of |
Coldwell Banker Realty-Dana Point/San Clemente |
| Close Price |
$800,000 |
| Status |
Closed |
| Type |
Residential |
| Subtype |
Duplex |
| Structure Size |
2,040 |
| Lot Size |
9,148 |
| Year Built |
1960 |
Listing information courtesy of: Nelson Coburn, Coldwell Banker Realty-Dana Point/San Clemente. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 3:12 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
