A rare investment or multi-generation ownership opportunity in a desirable Fallbrook neighborhood. Built in 2009, this well-designed duplex property sits on one half acre, and offers a flexible living and income configuration with two distinct units, perfect as long-term rentals, an owner-occupied property with income support, or extended family housing. Total Living Area: Approx. 2,383 sq. ft of versatile multi-family space. Primary Unit: Spacious layout with 3 bedrooms and 2 bathrooms, ideal as the main residence. Second Unit: Attached 2-bed, 1-bath secondary residence with its own access, functional rental or guest unit. Separate Outdoor Space: Each unit has its own private backyard area, promoting tenant privacy and flexibility of use. Parking & Storage: Includes a 2-car garage plus ample driveway space on the lot. The property benefits from proximity to local schools, shopping, dining, and commuter corridors. La Paloma Elementary and other Fallbrook schools serve the area.
HIGH-VISIBILITY CORNER — RESIDENTIAL DUPLEX + COMMERICIAL OFFICE with MAJOR RE-DEVELOPMENT POTENTIAL. Own the entire corner. This property offers a rare chance for an owner-occupant seeking an income-producing property or an investor ready to capitalize on the site’s serious redevelopment upside. This package includes three contiguous lots, totaling 10,653 sq ft and zoned FB-V2—a mixed-use designation allowing both commercial and residential development. The property sits at a signalized hard corner, commanding maximum visibility and frontage. Currently, the property consists of a residential duplex and a commercial office building, all with clean interiors & dependable tenants offering great stability. The major upside is in the right development strategy. This already income-producing property then becomes an income-producing POWERHOUSE. The caliber of exposure, zoning versatility, and proven income stream is nearly impossible to replicate at this price point.
Two Homes, Endless Possibilities!? Creative financing also! Welcome to this beautifully remodeled and move-in-ready property offering 2 homes on one spacious lot — perfect for extended family living, guests, or rental income! The main home features 3 bedrooms, 2 baths, and 1,339 sq. ft. of stylish updates including all new paint (inside & out), plush new carpet, bamboo wood floors, mirrored closet doors, new hardware, dual-pane windows, ceiling fans, and central A/C. The light-filled eat-in kitchen boasts wood cabinetry, a pantry, Corian counters, and stainless-steel appliances. Relax in the inviting living room with French doors, a cozy fireplace, and outdoor access. Both bathrooms are tastefully upgraded with custom tile, granite counters, and walk-in showers. The detached 400 sq. ft. studio/guest house/ADU is a showstopper with its vaulted wood-beam ceilings, skylight, dual-pane windows, private laundry, and a beautiful kitchen and bath with walk-in shower — ideal for guests, in-laws, or rental income. Set on a fully fenced, double-gated .37-acre lot, this property is built for comfort and convenience. Features include a 2-car garage, 3 RV parking spaces with full hookups, a 24.5’ x 4.6’ shed/workshop, and a circular driveway with room for all your cars (10!+), boats, trailers, or toys. Enjoy the mature orange, avocado, lime, and lemon trees in your private outdoor oasis. Turnkey, versatile, and beautifully maintained — this property truly has it all!
Fallbrook is located in California. Fallbrook, California has a population of 32,999. Fallbrook is less family-centric than the surrounding county with 29.99% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in Fallbrook, California is $73,165. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in Fallbrook is 34.5 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 45.1 degrees. The average rainfall is approximately 13.9 inches per year, with 0 inches of snow per year.