Fantastic Development Opportunity in Downtown Fallbrook! Ideal for contractors, developers, and local families with a vision. Remodel the existing fixer home and add an ADU while still having room for your toys, or demo the house and build up to 7 units to create long-term wealth. Located in the desirable West Fallbrook subdivision (FBV5), this lot spans approximately 13,662 square feet (0.31 acres), offering ample space for various development possibilities. Whether you're looking to invest or create a dream home, don't miss this chance to be part of downtown Fallbrook's promising future!
Sold for $450,000
Listing Provided by:
Javier Feria DRE #02125445 info@adu.realestate,
Coast to Coast Real Estate Inv
Bought with: Coast to Coast Real Estate Inv
$450,000
132 N Mission Rd, Fallbrook, CA 92028
3beds
1,264sqft
Single Family Residence
Built in 1988
0.31 Acres Lot
$440,200 Zestimate®
$356/sqft
$3,519 Estimated rent
Home value
$440,200
$401,000 - $480,000
$3,519/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 08:35pm
Listing Provided by:
Javier Feria DRE #02125445 info@adu.realestate,
Coast to Coast Real Estate Inv
Bought with:
Javier Feria, DRE #02125445
Coast to Coast Real Estate Inv
Source: CRMLS,MLS#: NDP2406124
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Features: All Bedrooms Down
Cooling
- Central Air, Evaporative Cooling
Appliances
- Laundry: Laundry Chute
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,264 sqft
Property
Parking
- Total spaces: 8
- Uncovered spaces: 8
Features
- Levels: One
- Stories: 1
- Entry location: Front or back of house
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 0.31 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 1032611400
- Zoning: R3
- Special conditions: Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Fallbrook
Other
Other facts
- Listing terms: Cash,1031 Exchange,Owner Will Carry,Owner May Carry,Submit
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2024 | Sold | $450,000-18%$356/sqft |
Source:  CRMLS #NDP2406124 Report a problem | ||
| 8/5/2024 | Pending sale | $549,000$434/sqft |
Source: CRMLS #NDP2406124 Report a problem | ||
| 7/21/2024 | Price change | $549,000-0.2%$434/sqft |
Source: CRMLS #NDP2406124 Report a problem | ||
| 7/12/2024 | Listed for sale | $550,000+266.7%$435/sqft |
Source: CRMLS #NDP2406124 Report a problem | ||
| 8/27/2001 | Sold | $150,000$119/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,859 +104.3% | $450,000 +104.6% |
| 2024 | $2,379 +2.7% | $219,908 +2% |
| 2023 | $2,317 0% | $215,597 +2% |
Find assessor info on the county website
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 6/10Fallbrook Street Elementary SchoolGrades: K-6Distance: 0.4 mi
- 4/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 2.1 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- High: Fallbrook
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$440,200