Prime Investment & Instant Equity Opportunity in Fallbrook – Act Fast! This is your chance to secure a high-potential, value-add four-plex in the heart of Fallbrook! Whether you’re an investor seeking immediate cash flow or an owner-occupant looking to offset your mortgage with rental income, this property delivers. The spacious three-bedroom, 2½-bath unit is perfect for a primary residence, while the three additional two-bedroom, one-bath units provide steady rental income.(Picture of the furnished living room is digitally staged) Long-term tenants (5+ years) ensure reliable cash flow, while the new owner improves one unit at a time! But here’s where the real opportunity lies, this is a handyman special, a fixer’s dream with deferred maintenance that, once addressed, unlocks huge upside potential. With strategic upgrades, you can maximize rents, boost property value, and gain instant equity. Additional perks include on-site laundry for extra income, private garages for each unit, and additional parking space, all features tenants love. Located just steps from Main Street and local shops, plus easy I-15 access, this property is in a prime rental location. Deals like this don’t last! With a little bit of elbow, grease, you’ll unlock built-in value that would normally take years of market appreciation to achieve. Don’t let this opportunity pass you by, this one will get snapped up by a savvy investor or entrepreneur who knows that with a little risk the rewards can be exponential. Drive by today, but do not disturb tenants. Interior viewings available with the listing agent present!
Sold
Listing Provided by:
Virginia Gissing DRE #01857605 vgissing@icloud.com,
RE/MAX Connections
$1,050,000
420-26 N Vine St, Fallbrook, CA 92028
9beds
6baths
4,232sqft
Multi Family
Built in 1975
-- sqft lot
$1,050,100 Zestimate®
$248/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: April 21, 2025 at 10:25am
Listing Provided by:
Virginia Gissing DRE #01857605 vgissing@icloud.com,
RE/MAX Connections
Bought with:
Peter Diryawush, DRE #01816251
J. Peter Realtors
Source: CRMLS,MLS#: NDP2502498
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Appliances
- Laundry: Community
Features
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 4,232
- Total interior livable area: 4,232 sqft
Property
Features
- Entry location: Front door
- Pool features: None
- Fencing: None
Lot
- Size: 7,050 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 1031330600
- Zoning: R-3:RESTRICTED MULTIPLE
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Fallbrook
HOA & financial
HOA
- Has HOA: No
Services availability

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Estimated market value
$1,050,100