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1917 Rainbow Valley Blvd
Fallbrook, CA 92028

$2,899,900 USD

Multifamily For Sale  •  12,804 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 12,804 SF
  • Lot Size 8.51 AC
  • Year Built 2006
  • Zoning A70
0 Transit Score
20 Walk Score

Highlights

1915 Rainbow Vky 262,667 sf (6.03 ac), 1917 Rainbow Vly 108,029 sf (2.48 ac) Total 370,696 sf(8.51 ac)
4280 sf SFR 4/4.5 , 4 car grge, 1224 sf 2/1, guest hm, 2 (3x2)mobl hm, 1 /1 RV (not owned)Total sf, ~$11,104 sf, total 14 B/13B + 1800 sf warehse
Panoramic View Big Home, extreme under market rental price, Potential of higher rental, Did not increase rent for such long time.
Main House 4280 sf in 1917 Rainbow built in 2006, Some house in 1915 Rainbow Vly built in 2000
Fallbrook Union High School District, Fallbrook High School, Vallecitos Elementary School,
Power Meter in place, Potential to add mobile hms, Operational Expense estimated $1980 x 12 = (gardning, FireInsurance), prop tax changed at COE.

Financial Summary (Actual)

Net Operating Income: $58,165 USD (2025)
Total Expenses: $109,559 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Microwave
  • Picnic Area
  • Playground
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Wheelchair Accessible
  • Pet Play Area
  • Smoke Free
  • Walking/Biking Trails
  • Wi-Fi
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Sunroom
  • Views
  • Yard
  • Storage Space
  • Bicycle Storage
  • Grill
  • Deck
  • Dining Room
  • Family Room
  • Garden
  • Greenhouse
  • Patio
  • Porch
  • Window Coverings
  • Workshop
  • Public Transportation
  • Private Bathroom
  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Crystal Lee 858-210-8282 American Real Estate Group
Crystal Lee 858-210-8282 American Real Estate Group