Skip main navigation
Sold for $1,050,000 on 01/24/23
  • Listing Provided by: 

    Joseph Onello DRE #01939948 951-304-1200,

    KW Temecula

    $1,050,000

    762 Puerta De Lomas, Fallbrook, CA 92028

    3beds
    1,744sqft
    Single Family Residence
    Built in 1983
    7.19 Acres Lot
    $1,048,100 Zestimate®
    $602/sqft
    $4,065 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: January 25, 2023 at 02:26pm

    Listing Provided by:

    Joseph Onello DRE #01939948 951-304-1200,

    KW Temecula

    Bought with:

    Sergio Garcia, DRE #01418002

    Sunshine Properties RealEstate

    Source: CRMLS,MLS#: SW22243349MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 7
    • Main level bedrooms: 10
    Cooling
    • Zoned
    Appliances
    • Laundry: Laundry Room
    Features
    • All Bedrooms Down, Workshop
    • Has fireplace: Yes
    • Fireplace features: See Remarks
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,744 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    • Attached garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 7.19 Acres
    • Features: Yard
    Details
    • Parcel number: 1211721600
    • Zoning: RR
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Shared Septic, Septic Type Unknown
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Mountainous
    Location
    • Region: Fallbrook
    • Subdivision: Fallbrook

    Other

    Other facts
    • Listing terms: Cash,1031 Exchange,Owner Will Carry,Private Financing Available,Submit
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,048,100