$975,000
●
House -
Off Market
1420 Wilshire Rd
Fallbrook, CA 92028
3 Beds
2 Baths,
1
Half Bath
2,419 Ft²
$5,083
Est. Monthly
About This Property
Welcome to 1420 Wilshire Rd - a beautifully maintained single-story
home set on 2.9 usable acres in Fallbrook. This spacious property
offers 3 bedrooms, 3 bathrooms, a dedicated office/den that can
serve as a 4th bedroom, and a 3-car garage. The open floor plan
features generous living spaces, abundant natural light, and
peaceful views from every window. Ideal for horse enthusiasts, the
property provides ample room for horses, agriculture, toys, or
future expansion. Enjoy the privacy and tranquility of country
living while remaining just minutes from shops, dining, and
commuter routes. A rare opportunity to own a versatile ranch-style
retreat in one of Fallbrook's most desirable areas.
Unit Size
2,419 Ft²
Days on Market
124 days
Land Size
2.91 acres
Price per sqft
$428
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2003
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 7 months ago (SDMLS #NDP2511433)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Relisted | $1,035,000 | |
| Relisted | |||
| Nov 5, 2025 | Listed by Century 21 Masters | $1,035,000 | |
| Listed by Century 21 Masters | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Morro Hills
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Listed by: Randy Thompson, Century 21 Masters
Last Updated: 7 months ago
Data Source: CRMLS, MLS# NDP2511433
Last Updated: 7 months ago
Data Source: CRMLS, MLS# NDP2511433
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