Sold for $800,000 on 07/26/24
Listing Provided by:
Nelson Coburn DRE #02083958 808-306-9822,
Coldwell Banker Realty-Dana Point/San Clemente
Bought with: Real Broker
$800,000
835 Magarian Rd, Fallbrook, CA 92028
4beds
2,040sqft
Duplex
Built in 1960
9,148 Square Feet Lot
$795,100 Zestimate®
$392/sqft
$3,502 Estimated rent
Home value
$795,100
$731,000 - $867,000
$3,502/mo
Zestimate® history
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What's special
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 bathroom—perfect 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 also a savvy investment. It’s ideally located in a prime neighborhood that promises convenience and a high quality of life. Don’t miss out on this unique opportunity to own a versatile property that offers both modern amenities and significant rental income potential. Contact us today to make this exceptional investment yours!
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 06:27pm
Listing Provided by:
Nelson Coburn DRE #02083958 808-306-9822,
Coldwell Banker Realty-Dana Point/San Clemente
Bought with:
Jessica Wilkinson, DRE #02033305
Real Broker
Source: CRMLS,MLS#: SW24117579
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Heating
- Central
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Convection Oven, Dishwasher, Disposal, Microwave
- Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Features
- All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Primary Suite
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,040 sqft
Property
Parking
- Total spaces: 3
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 2
- Patio & porch: Deck, Wood
- Pool features: None
- Spa features: None
- Fencing: Average Condition
- Has view: Yes
- View description: None
Lot
- Size: 9,148 sqft
- Features: 0-1 Unit/Acre, Back Yard, Front Yard
Details
- Parcel number: 1053511100
- Zoning: RS
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
Materials
- Foundation: None
Condition
- Additions/Alterations,Updated/Remodeled,Repairs Major
- New construction: No
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Sewer Connected, Underground Utilities, Water Available
Community & neighborhood
Community
- Community features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: Fallbrook
Other
Other facts
- Listing terms: Submit
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/9/2025 | Listing removed | $3,200$2/sqft |
Source: Zillow Rentals | ||
| 11/2/2025 | Price change | $3,200-5.9%$2/sqft |
Source: Zillow Rentals | ||
| 10/31/2025 | Price change | $3,400-1.4%$2/sqft |
Source: Zillow Rentals | ||
| 10/26/2025 | Listed for rent | $3,450$2/sqft |
Source: Zillow Rentals | ||
| 10/26/2025 | Listing removed | $3,450$2/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,616 +25% | $800,000 +24.6% |
| 2024 | $6,891 +3.1% | $642,030 +2% |
| 2023 | $6,687 0% | $629,442 +2% |
Find assessor info on the county website
Neighborhood: 92028
Nearby schools
GreatSchools rating
- 9/10La Paloma Elementary SchoolGrades: K-6Distance: 0.4 mi
- 4/10James E. Potter Intermediate SchoolGrades: 7-8Distance: 0.9 mi
- 6/10Fallbrook High SchoolGrades: 9-12Distance: 1.8 mi
Get a cash offer in 3 minutes
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Estimated market value
$795,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$795,100


