$860,000
●
House -
Off Market
1815 Premier Street
Fallbrook, CA 92028
3 Beds
2 Baths
2,088 Ft²
$4,297
Est. Monthly
About This Property
Great opportunity to own in the highly desirable Calmin Knolls
neighborhood. This property offers panoramic views, owned solar,
and exceptional versatility on over an acre of land. The lower
level of the property features covered RV parking with ample space
that could also accommodate additional recreational vehicles or
business equipment. Inside, the finished lower level (permits
unknown)-estimated at over 1,000 square feet-includes a spacious
great room along with separate work or storage areas or shop,
providing endless possibilities for customization. Bring your
vision to update this home and unlock its full potential in a
sought-after setting with room to grow. Note - navigation systems
may take you to a road behind the property with no access to
address. Please access via Green Canyon Road to Calmin to Premier.
Unit Size
2,088 Ft²
Days on Market
57 days
Land Size
1.11 acres
Price per sqft
$419
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978
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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 #NDP2601040)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Jan 31, 2026 | Listed by Sharon Jenkins Real Estate | $875,000 | |
| Listed by Sharon Jenkins Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
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 Fallbrook
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Listed by: Sharon Jenkins, Sharon Jenkins Real Estate
Last Updated: 7 months ago
Data Source: CRMLS, MLS# NDP2601040
Last Updated: 7 months ago
Data Source: CRMLS, MLS# NDP2601040
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