2005-07 Camino Rainbow
Fallbrook, CA, 92028 $ 1,150,000
Bedrooms4 Baths2.0 Monthly Estimate*
$ 7,261
for $1,150,000 with 4 bedrooms and 2 full baths. The lot size is 0.044077.
Beautifully renovated duplex???????????????????????????????????????????????????????????????????????????? situated on a spacious lot in the desirable Rainbow/Fallbrook community, offering an exceptional opportunity for investors, owner-occupants, or multigenerational living. Both residences have undergone extensive renovations with thoughtful updates throughout, creating a clean, modern, turnkey property that reflects exceptional pride of ownership. Improvements include new flooring, windows, upgraded kitchens with modern countertops and custom islands, remodeled bathrooms, updated fixtures, sinks, faucets, tile work, recessed lighting, Wi-Fi-enabled mini-split heating and cooling systems, smart-home features, landscaping, fencing, and independent updated electrical panels for each residence. Each unit offers comfortable and functional living spaces with modern finishes throughout. The expansive lot has been improved and graded, providing generous outdoor space and exciting possibilities for future expansion. The property may offer potential for adding an ADU and Junior ADU, creating an opportunity for additional living space, multigenerational use, or future rental income. Additional possibilities may include ranch or equestrian use, hobby farming, or other improvements. All future development and uses are subject to applicable County requirements, zoning, permits, and buyer verification. Conveniently located just minutes from Interstate 15, the property offers the privacy and space of country living while maintaining easy access to Fallbrook, Temecula, and surrounding North County communities. A rare opportunity to own a beautifully remodeled, inc
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FeaturesGeneralCooling Central Forced Air
Zoning Assessor
HOA Fee 0.0
Pool Features N/K
Year Built 0
Property Subtype Res Income 2-4 Units
County San Diego
Operating Expense 0.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Status ACTIVE
Directions GPS
City Fallbrook
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 1920.0
Property Attached Y/N N
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Cap Rate 5.38
Freehold IDX
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ExteriorLot Size Area 0.0441
Number of Buildings 2
Building Area Total 0.0
Waterfront Y/N N
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InteriorTotal Stories 1
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 4
Total Baths 2
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* Excluded FeaturesList ByErick CiprianListing Agent
Premier Agency R.E. IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,261
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Fallbrook, CA
Average List Price $2,504,375
Percent of Sale Price 118%
About Fallbrook, CA 33,184 Population
14% Since 2002
$ 57,009 Median Income
35.56 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/27/2026 | $1,150,000 | | Listed Price |