1917 Rainbow Valley Blvd - Multi-Family FOR SALE


Fallbrook, CA 92028
$2,899,900 USD
858-210-8282
1917 Rainbow Valley Blvd, Fallbrook, CA for Sale
$2,899,900 USD
Multi-Family - FOR SALE
1/2
null | Request Cap Rate

1917 Rainbow Valley Blvd
Fallbrook, CA 92028


HIGHLIGHTS

  • 1915 Rainbow Vky 262,667 sf (6.03 ac), 1917 Rainbow Vly 108,029 sf (2.48 ac) Total 370,696 sf(8.51 ac)
  • 4280 sf SFR 4/4.5 , 4 car grge, 1224 sf 2/1, guest hm, 2 (3x2)mobl hm, 1 /1 RV (not owned)Total sf, ~$11,104 sf, total 14 B/13B + 1800 sf warehse
  • Panoramic View Big Home, extreme under market rental price, Potential of higher rental, Did not increase rent for such long time.
  • Main House 4280 sf in 1917 Rainbow built in 2006, Some house in 1915 Rainbow Vly built in 2000
  • Fallbrook Union High School District, Fallbrook High School, Vallecitos Elementary School,
  • Power Meter in place, Potential to add mobile hms, Operational Expense estimated $1980 x 12 = (gardning, FireInsurance), prop tax changed at COE.

OVERVIEW

Custom-built estate situated on approximately 6+ acres in the scenic Rainbow Valley area of Fallbrook. This expansive residence offers approx. 4,280 sq ft with 4 bedrooms and 4.5 bathrooms, designed for both comfortable living and entertaining. The thoughtfully designed floor plan features spacious living areas, quality finishes including granite and stone accents, and abundant natural light throughout. The chef’s kitchen includes premium appliances, ample cabinetry, and a large breakfast bar that opens to the main living spaces. Generously sized bedrooms provide privacy and comfort, while the primary suite offers a spa-like bath and tranquil views of the surrounding countryside. Energy-efficient features include owned solar, double-pane windows, tankless water heaters, and fire sprinkler system. A detached guest unit provides flexibility for extended living, home office, or potential rental use. The property is serviced by both city water and well water. Enjoy privacy, open space, and rural charm with convenient access to Fallbrook amenities, schools, and major transportation routes. This unique property offers endless possibilities for those seeking space, versatility, and a peaceful country setting. For example, In case the new owner occupies the main house, monthly income would be $10,477 month from 6 other tenants ($13,977 - $3,500), In case the Purchase price $2,900,000, If buyer puts $500,000 down 30 year amortization 5.5% interedst (depending on buyer's credit and income) , monthly mortgage payment of $13,630, net payments by new owner $3,153 a month + reaccessed property tax difference. Monthly steady income definitely helps owner's financial burden.

FOR SALE DETAILS

PRICE

$2,899,900 USD

PRICE/SF

$226 USD /SF

# OF UNITS

7

PRICE/UNIT

$414,271

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

PARKING SPACES

4

LAND DETAILS

LAND ACRES

8.51 AC

LAND SF

370,696 SF

ZONING

A70

APN/PARCEL ID

102-670-15,102-670-24

ASK ABOUT THIS PROPERTY

Crystal LeeAmerican Real Estate GroupMore Info
858-210-8282

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Crystal LeeAmerican Real Estate GroupMore Info
858-210-8282

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.