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  • 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

    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!

    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#: NDP2502498MLS LogoOriginating 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