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Sold for $800,000 on 07/26/24
  • Listing Provided by: 

    Nelson Coburn DRE #02083958 808-306-9822,

    Coldwell Banker Realty-Dana Point/San Clemente

    Bought with: Real Broker
    $800,000

    835 Magarian Rd, Fallbrook, CA 92028

    4beds
    2,040sqft
    Duplex
    Built in 1960
    9,148 Square Feet Lot
    $795,100 Zestimate®
    $392/sqft
    $3,456 Estimated rent

    Home value

    $795,100

    $731,000 - $867,000

    $3,456/mo

    Zestimate® history
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    Owner options

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    $3,456/mo

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    Rent Zestimate®

    Refinance and save

    $4,896/mo

    Est. payment

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    $4,896/mo

    Est. payment

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: December 04, 2024 at 06:27pm

    Listing Provided by:

    Nelson Coburn DRE #02083958 808-306-9822,

    Coldwell Banker Realty-Dana Point/San Clemente

    Bought with:

    Jessica Wilkinson, DRE #02033305

    Real Broker

    Source: CRMLS,MLS#: SW24117579MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Convection Oven, Dishwasher, Disposal, Microwave
    • Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,040 sqft

    Property

    Parking
    • Total spaces: 3
    • Uncovered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 2
    • Patio & porch: Deck, Wood
    • Pool features: None
    • Spa features: None
    • Fencing: Average Condition
    • Has view: Yes
    • View description: None
    Lot
    • Size: 9,148 sqft
    • Features: 0-1 Unit/Acre, Back Yard, Front Yard
    Details
    • Parcel number: 1053511100
    • Zoning: RS
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Duplex
    Materials
    • Foundation: None
    Condition
    • Additions/Alterations,Updated/Remodeled,Repairs Major
    • New construction: No
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
    Location
    • Region: Fallbrook

    Other

    Other facts
    • Listing terms: Submit
    • Road surface type: Paved

    Price history

    DateEventPrice
    11/9/2025Listing removed$3,200$2/sqft
    Source: Zillow Rentals
    11/2/2025Price change$3,200-5.9%$2/sqft
    Source: Zillow Rentals
    10/31/2025Price change$3,400-1.4%$2/sqft
    Source: Zillow Rentals
    10/26/2025Listed for rent$3,450$2/sqft
    Source: Zillow Rentals
    10/26/2025Listing removed$3,450$2/sqft
    Source: Zillow Rentals

    Public tax history

    YearProperty taxesTax assessment
    2025$8,616 +25%$800,000 +24.6%
    2024$6,891 +3.1%$642,030 +2%
    2023$6,687 0%$629,442 +2%

    Find assessor info on the county website

    Neighborhood: 92028

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes

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    Estimated market value

    $795,100

    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

    $795,100