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835 Magarian Road Fallbrook, CA 92028
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,040 sqft
Price per Sqft $392
MLS Listing ID SW24117579
Sold Date 07/26/24
Style Detached
Bedrooms 4
Full Baths 3
Construction Status Additions/Alterations,Repairs Major,Updated/Remodeled
HOA Y/N No
Year Built 1960
Lot Size 9,148 Sqft
Acres 0.21
Property Description
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 bathroomperfect 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
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 bathroomperfect 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. Its ideally located in a prime neighborhood that promises convenience and a high quality of life. Dont 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!
Location
State CA
County San Diego
Area Fallbrook (92028)
Zoning RS
Interior
Cooling Central Forced Air
Equipment Dishwasher, Disposal, Microwave, 6 Burner Stove, Convection Oven
Appliance Dishwasher, Disposal, Microwave, 6 Burner Stove, Convection Oven
Laundry Laundry Room
Exterior
Fence Average Condition
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available, Sewer Connected
Total Parking Spaces 3
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Construction Status Additions/Alterations,Repairs Major,Updated/Remodeled
Schools
Elementary Schools Fallbrook Union Elementary District
Middle Schools Fallbrook Union Elementary District
High Schools Fallbrook Union High School District
Others
Monthly Total Fees $3
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Bought with Jessica L Wilkinson • Real Broker