835 Magarian Road, Fallbrook, CA 92028

$829,000 Asking Price

4 beds
3 baths
2,040  sqft
Built in 1960

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 bathroomperfect 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

Features & Amenities

Interior

Laundry:
Laundry Room
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
N/K

Exterior

Pool:
None
Parking:
Parking spaces: 3

Construction

General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
San Diego

Lot

Zoning:
RS, 1053511100
View:
N/K
Fencing:
Average Condition

Utilities

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

Financial

Source:
California Regional MLS

This listing courtesy of:
Coldwell Banker Realty-Dana Point/San Clemente, Nelson Coburn

About Fallbrook, CA

Housing

Number of Units
18,299
Median Home Value
$587,718
Median Rent
$1,397

33.51% of housing units are renter occupied.

5.12% are vacant.

Commute

Car
63.95%
Public Transportation
0.49%
Walk to Work
2.12%
Work from Home
31.13%
Other
1.67%

The median travel time to work is 22 minutes.

People

Population
51,993
Median Age
37.90
Median Household Size
2.97

Education

High School
21.06%
Associate’s Degree
7.24%
Bachelor’s Degree
20.33%
Graduate Degree
12.45%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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